Retail sales of craft beers grew 15% last year. Liquor also had a good 2011, with a 4% increase in sales, while wine has soared in popularity among Baby Boomers and women in general. Everywhere you look, there’s a hip new vodka …
Stick Shift Extinction? The Battle to Save the Manual Transmission
Manual-transmission cars cost less than automatics. They also tend to get better gas mileage, and they’re more fun to drive. Even so, cars with manual transmissions now account for less than 10% of vehicles sold, and considering …
Bernanke: Fed Prevented ‘Meltdown’ But Was ‘Helpless’ to Save Lehman
Federal Reserve Chairman Ben Bernanke said Tuesday that U.S. government intervention during the financial crisis prevented a “total meltdown” in the U.S. economy that could have rivaled the Great Depression. In the third of four …
China Welcomes Apple CEO Tim Cook, Approves New iPad for Sale
Apple’s new iPad, which is currently for sale in over 30 countries worldwide, has been an immediate hit — the company sold over 3 million units in the first weekend. But there is one very large and conspicuous market where the …
Many Big Retailers Don’t Respond to Customer Questions on Facebook
Apparently, Even Wall Street Thinks Little Of Wall Street
Goldman Sachs is getting most of the negative headlines. But Wall Street firms across the board say their industry invites scorn. Can they ever change?
Record-High Gas Prices Hit the Midwest, Hawaii—With More Areas to Follow
Housing Prices Fall to 2003 Levels, But Demand May Be Building
It’s now officially a lost decade for home prices. With the release of the January data for the Standard & Poor’s/Case-Shiller Home Price Indexes, prices in a national composite dropped 3.8% from a year before, rolling back to the levels of early 2003.
However, the good news is that the pace of existing home sales is picking up. …
Housing Prices Fall to 2003 Levels, But Demand May Be Building
It’s now officially a lost decade for home prices. With the release of the January data for the Standard & Poor’s/Case-Shiller Home Price Indexes, prices in a national composite dropped 3.8% from a year before, rolling back to …
Get Your Team Thinking Like Entrepreneurs
Teams in large organizations can easily get tangled in bureaucracy. It takes a long time to execute on projects when waiting for approvals and gathering resources. But, you can get around this by helping your team members think and act like entrepreneurs. Try doing the following:
Facebook Asks Court to Throw Out ‘Fraudulent’ Paul Ceglia Lawsuit
Social networking giant Facebook hopes to finally put an end to a bizarre lawsuit filed by an upstate New York former wood-pellet salesman who claims he owns half of the tech phenom. In a motion to dismiss the case Monday, …
A Step Backwards in Spreading Financial Literacy
A new report shows the that financial education movement is losing momentum. Fewer states are requiring coursework. In some, they’ve stopped teaching economics at a time when economics is on the front page almost daily.