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Biz Levity - We Give Business the Business

Archive for February 2008

February 21st, 2008

China’s January Trade Surplus with U.S. Narrows

U.S. now only importing tons and tons of crap
China’s trade surplus with the United States fell in January as demand for Chinese goods weakened amid fears of a U.S. recession. With the high cost of energy, the falling value of real estate assets, and the tightening credit market, consumers are less inclined to indulge [...]

By sscatz -- 0 comments

February 20th, 2008

Supreme Court Limits Suits over Medical Devices

Scalia ruling declares, “Don’t bust a gut if you bust a gut.”
The Supreme Court made it harder for consumers to sue manufacturers of federally approved medical devices in an 8-1 decision against the estate of a patient who suffered serious injuries when a catheter burst during a medical procedure.
“Nowhere in the Constitution is it [...]

By sscatz -- 0 comments

February 20th, 2008

Sharper Image Files For Bankruptcy

New Image Seen as Somewhat Less Sharp
Sharper Image — the catalog and retail store which featured useless, pretentious and over-priced products — filed for bankruptcy today.
The store was known for trendy items like the solar-powered butter knife and the Shiatsu recliner that cost nearly as much as a flight to Tokyo.
Company CFO Amanda B. Reckonwith [...]

By markjabo -- 1 comment

February 20th, 2008

Starbucks Chairman Says Chain Has Lost Its ‘Romance’

CEO Schultz says increased emphasis on drive-thru service means the typical visit ‘is more like a hand job outside the Lincoln Tunnel.’
Starbucks CEO Howard Schultz told executives in a memo last week that rapid growth has lead to a “watering down” of the Starbucks brand as well as its iced teas. The confidential e-mail to [...]

By markjabo -- 0 comments

February 20th, 2008

Cardiac Arrest More Deadly After 11 PM, Study Says

Clinton Say Her Health Plan Will Mandate Patients Have Heart Attacks During Business Hours
A new study published in the Journal of the American Medical Association concludes that patients in hospitals who have heart attacks after 11:00pm are more likely to die than those who experience heart failure during hours when the hospital is fully staffed.
Survival [...]

By markjabo -- 0 comments

February 19th, 2008

More Michael Moore

Hollywood gossip site What Would Tyler Durden Do? features this breaking story about Michael Moore.
The story comes on the heels of the Bizlevity story:  Director Michael Moore Starts Work On New Documentary.
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By markjabo -- 0 comments

February 19th, 2008

Wal-Mart Profit Rises, Revenue Up

Wal-Mart Stores Inc., the world’s largest retailer, said Tuesday its renewed focus on low prices paid off with a 4 percent rise in profit for its fourth quarter. Holiday shopping and international growth helped boost profits but by far the biggest factor was the reduced spending on marketing achieved by cutting all salary paid [...]

By sscatz -- 0 comments

February 19th, 2008

Blu-Ray Wins Over HD-DVD

Most Consumers Believe Headline Refers to Episode of ‘American Gladiators’
After years spent answering the question “What if there was an HD format war and nobody came?” Toshiba Co. tossed in the towel and today announced they would halt production on whatever they were making that used the HD format.
Consumer interviews showed most buyers were [...]

By markjabo -- 0 comments

February 18th, 2008

Microsoft Bid for Yahoo Only the Beginning

According to insiders, Microsoft Corp’s (MSFT.O) unsolicited $42 billion bid for Yahoo Inc (YHOO.O) is just the first in a planned series of acquisitions.
Sources say that Microsoft Chief Executive Steve Ballmer intends to broaden the scope of the software behemoth’s businesses. In a strategic planning session, Ballmer is quoted as saying, “Sure, we make [...]

By sscatz -- 1 comment

February 18th, 2008

MSNBC Video Highlights Business Aspects of S.I. Swimsuit Issue

Dollar Figures, Dressing Marissa Miller in Business Casual is Latest Wrinkle in ‘I’m Only Interested in the Articles’ Gambit
“The Sports Illustrated Swimsuit Issues hits news stands today and is a huge marketing coup…” blah … blah … blah …”parent company” blah … blah … blah … cut to super-hot, supermodel, Marissa Miller.
How hot is Marissa [...]

By markjabo -- 1 comment