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Sep29
Wal-Mart Isn't Cheap When It Comes To Political Contributions
Marta Wells September 29, 2006
Know More: Marketing 2.0, Marketing

Wal-Mart Stores Inc. (WMT) has contribued more than $222,000 to California Gov. Arnold Schwarzenegger and $300,000 to the state's GOP fund and additional contributions to other local politicians, making California the biggest recipient of Wal-Mart's generousity.

As state politicians begin taking on bigger roles in deciding key issues concerning the company's operations, from the local minimum wage and required health-care benefits to zoning for big-box retailers, Wal-Mart has increased its contributions, as reported in this BusinessWeekOnlne article.

In the 2000 election cycle Wal-Mart gave a total of $326,875 but so far this year they have contributes $644,655. The company says it has become necessary to step up its contributions although for years they shunned the practice due to founder Sam Walton's believe that such activities didn't benefit his customers.

Know More about the ins and outs of marketing at MarketingBlurb.com.

 
Posted at 12:41 PM | Permalink | Comments
Sep29
Who's Your Honcho?
Marta Wells September 29, 2006
Does your CEO, captain of industry, boss, head honcho, the buck-stops-here dude make the ranks of the top ten top dogs? Ray Ozzie, chief software architect, Microsoft Eric Schmidt, chairman and CEO, Google Steve Jobs, CEO, Apple George Polk, CEO,... Continue Reading
Posted at 12:01 PM | Permalink | Comments
Nonstop Delta Flight From Salt Lake to Paris?
Marta Wells September 29, 2006
The Utah Board of Tourism Development hopes to show Delta Air Lines Inc. (DALRQ.PK) the state is serious and committed to making a direct flight to Paris a success. They have agreed to spend $250,000 to promote the route in... Continue Reading
Posted at 11:01 AM | Permalink | Comments
Sep28
Microsoft's iPod Rival Will Be Priced the Same
Marta Wells September 28, 2006
Microsoft Corp.'s (MSFT) Zune music player is similar to an iPod in looks, functions and now price. Microsoft stated that it would charge $249.99 for the device, avoiding a price war to gain market share. Without a large difference in... Continue Reading
Posted at 10:34 PM | Permalink | Comments
News Corporation Acquires Two Newspaper Groups
Marta Wells September 28, 2006
The NYTimes.com reports that the owner of The New York Post, the News Corporation (NWS-A), has acquired two newspaper groups that have 28 weekly papers primarily serving Queens and Brooklyn, broadening its metropolitan-area presence. The area they are moving into... Continue Reading
Posted at 10:11 PM | Permalink | Comments
Amgen Cancer Drug Undersells ImClone
Marta Wells September 28, 2006
After Amgen Inc. (AMGN) won approval for its colorectal cancer drug Vectibix yesterday it set the price 20 percent lower than rival ImClone Systems Inc.'s (IMCL) Erbitux, a similar product. Not only considered a competitive strategy it seems to be... Continue Reading
Posted at 8:42 AM | Permalink | Comments
Bank of America Allowed $3 Billion in Money Laundering
Marta Wells September 28, 2006
Due to lax operations South American money launderers were able to illegally move $3 billion through a single Midtown Manhattan Bank of America Corp. (BAC) branch. The admission was made yesterday closing the latest illicit-finance investigation brought Manhattan district attorney,... Continue Reading
Posted at 8:28 AM | Permalink | Comments
Sep27
BearingPoint Default Has Bondholders Seeking $21.5 Million in Damages
Marta Wells September 27, 2006
$21.5 million in damages have been awarded to plaintiffs who won a bond default ruling against BearingPoint Inc. (BE) but they don't think the amount will hurt the consulting firm nor ruin the company, according to this WashingtonPost.com article. BearingPoint... Continue Reading
Posted at 10:32 PM | Permalink | Comments
Goldman Sachs Says Blue Cross Had 27 Percent Operating Cost Decline
Marta Wells September 27, 2006
Health care costs rose 7.7 percent this year, more than double the overall inflation rate and well ahead of the increase in workers' wages. Matthew Borsch, a health care analyst at Goldman Sachs Group Inc. (GS), says that Blue Cross... Continue Reading
Posted at 10:15 PM | Permalink | Comments
Ford Might Pick Up Where GM Leaves Off
Marta Wells September 27, 2006
If talks between Carlos Ghosn, who runs Renault of France and Nissan Motors (NSANF.PK) of Japan, and General Motors Corporation (GM) fail, Ford Motor Co. (F) might be the North American partner that steps up to the plate. The looked... Continue Reading
Posted at 9:53 PM | Permalink | Comments
Verizon Not Alone In Desire to Reduce Landlines
Marta Wells September 27, 2006
City dwellers might not realize how good they have it in comparison to their country cousins. With their only connection to the Internet offered through slow-as-molasses dial-up connections, such as that offered by Verizon Communications Inc. (VZ), their online experience... Continue Reading
Posted at 9:28 PM | Permalink | Comments
Sep26
Apple Might Be Required to Make Major iTunes Changes
Marta Wells September 26, 2006
Due to the threat of heavy fines being imposed by the officials of four Nordic countries, Apple Computer Inc. (AAPL) might making major changes to their iTunes business model. iTunes currently prevents customers from using the songs they buy on... Continue Reading
Posted at 3:59 PM | Permalink | Comments
Is the Future of Intel & Samsung's Wi-Fi Technology Certain?
Marta Wells September 26, 2006
In August, Samsung gave the first public demonstration of a prototype of a wireless network that they hope will revolutionize Internet access. Other companies like Intel Corp. (INTC) and NTT DoCoMo Inc. (DCM) are heavily into spending and promotion of... Continue Reading
Posted at 2:51 PM | Permalink | Comments
Pfizer's Purell Inspired "Hand Hygiene Safety Posse"
Marta Wells September 26, 2006
When Leon Bender, a 68-year-old urologist from Cedars-Sinai Medical Center was on  a South Seas cruise he noticed they had the passengers who had gone ashore use Purell, an anti-bacterial product manufactured by Pfizer Inc. (PFE), before they could reboard.... Continue Reading
Posted at 9:11 AM | Permalink | Comments
Merrill Lynch & Credit Suisse Still Deny Wrongdoing in Enron Case
Marta Wells September 26, 2006
Former Enron Corp. CFO Andrew S. Fastow may soon be headed to prison and doesn't want to be the scapegoat for those banks that he says helped the company disguise its financial problems, namely Merrill Lynch & Co. Inc. (MER),... Continue Reading
Posted at 8:29 AM | Permalink | Comments
Sep25
Revlon Cuts New Product Line & 250 Jobs
Marta Wells September 25, 2006
Revlon Inc. (REV) has announced plans to cut 250 jobs, roughly 8 percent of its work force, and is canceling the recently launched Vital Radiance cosmetics line aimed at older women. The moves are made in an attempt to return... Continue Reading
Posted at 5:51 PM | Permalink | Comments
Micron Is Making Manassas Money
Marta Wells September 25, 2006
In a ripple effect Micron Technology Inc. (MU) has added money to the Manassas area business coffers when it chose this plant to product a new generation of memory chips. The decision was based largely on global technology prices and... Continue Reading
Posted at 3:15 PM | Permalink | Comments
Philip Morris & R.J. Reynolds Plan To Appeal Judges Class Action Ruling
Marta Wells September 25, 2006
Tobacco companies such as Philip Morris, a Altria Group Inc. (MO) unit, R. J. Reynolds Tobacco Company, a Reynolds American Inc. (RAI) unit, Lorillard Tobacco Co., a unit of Loews Corporation-Carolina Group (CG), have suffered a huge blow with the... Continue Reading
Posted at 2:10 PM | Permalink | Comments
Sep22
Schering-Plough Is In Play But With Who?
Marta Wells September 22, 2006
Wall Street buzz is that Schering-Plough Corp. (SGP) is in play to be acquired or merged with a number of different companies. It may be a merger with Bristol-Myers Squibb (BMY-P) or be acquired by either Merck & Co. Inc.... Continue Reading
Posted at 3:46 PM | Permalink | Comments
Google Begins Test Marketing Campaign Project
Marta Wells September 22, 2006
Google Inc. (GOOG) is trying to convince marketers that they are more than just a text advertiser and have teamed up with an Omnicom Group Inc. (OMC) company, Goodby, Silverstein & Partners in San Francisco, for one of the agency's... Continue Reading
Posted at 3:28 PM | Permalink | Comments
Yahoo Makes a Grab For Facebook
Marta Wells September 22, 2006
To date, Mark Zuckerberg, has shied away from selling his company, Facebook, even with offers of several hundred million. The most recent was Viacom Inc. (VIA-B) with an offer of $750 million. Yahoo! Inc. (YHOO) has come forward to make an... Continue Reading
Posted at 3:15 PM | Permalink | Comments
HP's CEO Possibly Had Greater Role in Spy Scandal
Marta Wells September 22, 2006
Hewlett-Packard Co.'s (HPQ) CEO might have had a bigger role in the recent spying operation than was initially indicated. Mark V. Hurd has largely escaped mention in the recent media frenzy over the underhanded spying scandal that has plagued HP... Continue Reading
Posted at 2:50 PM | Permalink | Comments
Sep21
ImClone Adds Billionaire to Board
Marta Wells September 21, 2006
Imclone Systems Inc. (IMCL) shareholders have elected billionaire investor Carl C. Icahn and two of his assoicates to the board in hopes that it might stabilize the company. Imclone has suffered from a series of blows that might hurt sales... Continue Reading
Posted at 4:27 PM | Permalink | Comments
Google and Microsoft Among Those Battling Child Pornography
Marta Wells September 21, 2006
Google Inc. (GOOG) and Microsoft Corp. (MSFT) are among the groups participating in the effort to rid the Internet of child pornography by cooperating with a program that reports these sites to the service provider wherein they will take down... Continue Reading
Posted at 4:00 PM | Permalink | Comments
Is Exxon Spreading Inaccurate Information?
Marta Wells September 21, 2006
Exxon Mobil Corp. (XOM) just might be spreading "inaccurate and misleading" information about climate change even going so far as to finance groups that mislead the public, according to this NYTimes.com article quoting the Royal Society, a British scientific group.... Continue Reading
Posted at 3:42 PM | Permalink | Comments
Morgan Stanley Realizes 59% Increase
Marta Wells September 21, 2006
Morgan Stanley (MS) reports strong third-quarter profits and this could be attributed to the changes put in place by its chief executive John J. Mack.  Earnings for the company rose 59 percent, to $1.85 billion with the latest gains coming... Continue Reading
Posted at 3:18 PM | Permalink | Comments
J C Penney Introduces Intimate Apparel Line
Marta Wells September 21, 2006
J C Penney Corporation Inc. (JCP) introduces Ambrielle, a private label line of intimate apparel products that should be in the stores by spring 2007. The company has shown, with its store brand labels of Arizona and St. John's Bay,... Continue Reading
Posted at 2:36 PM | Permalink | Comments
FedEx Profits Up 40%
Marta Wells September 21, 2006
FedEx Corporation (FDX) reports a first-quarter increase in profits of 40 percent due to the strong demand for ground and international express shipments. This despite a reduction expected in profits due to a new contract tentatively agreed to with its pilots... Continue Reading
Posted at 1:53 PM | Permalink | Comments
Wal-Mart to Offer $4 Generic Drugs
Marta Wells September 21, 2006
Wal-Mart Stores Inc. (WMT) will be offering generic prescription drugs for $4 for a 30-day supply in 65 Tampa Bay area stores hoping to expand to the whole state by January. Generic drugs usually run about $10 to $30, which is... Continue Reading
Posted at 12:37 PM | Permalink | Comments
Sep20
Palm Likely to Be Bought Out
Marta Wells September 20, 2006
The odds that Palm Inc. (PALM), a maker of smartphones, handhelds, software and accessory solutions,  will be acquired are increasing, according to an analyst at ThinkEquity.  His reasoning included the idea that since Motorola Inc. (MOT) just made a deal... Continue Reading
Posted at 9:05 PM | Permalink | Comments
Herman Miller Expands Presence in China
Marta Wells September 20, 2006
Herman Miller Inc. (MLHR), the Michigan-based maker of office furniture, has invested in two factories and a national headquarters in China to support their rapidly growing client base there and throughout Asia. To ensure efficiency, quality and lead times for... Continue Reading
Posted at 8:41 PM | Permalink | Comments
Intel Launches Wireless Net in The Amazon
Marta Wells September 20, 2006
And no not Amazon.com THE Amazon.  Intel Corp.'s (INTC) chairman Craig Barrett traveled to an isolated Amazon River island city to launch a wireless network high-speed Internet access to a place where even electricity is hard to come by. Of course,... Continue Reading
Posted at 8:04 PM | Permalink | Comments
Southwest Saves $1 Million With Coffee Cup Switch
Marta Wells September 20, 2006
In an attempt to save on costs Southwest Airlines Co. (LUV) is switching from polyethylene coffee cups to polyproylene cups and will save $1 million annually. The Dallas-based dicscount airline bought 98.5 million cups in 2005 and is well known... Continue Reading
Posted at 2:15 PM | Permalink | Comments
Plagued XM Satellite Shares Break Their 50 Day Moving Average
Marta Wells September 20, 2006
In just the second time in months, XM Satellite Radio Holdings Inc. (XMSR) shares broke above their 50 day moving average. The stock has struggled with the fierce competition from rival Sirius Satellite Radio Inc. (SIRI), FCC compliance issues, cuts... Continue Reading
Posted at 1:58 PM | Permalink | Comments
California Sues 6 Carmakers
Marta Wells September 20, 2006
California has filed a global warming lawsuit against Ford Motor Co. (F), General Motors Corp. (GM), Toyota Motor Corp. (TM), Chrysler Motor Corp., the U.S. arm of DaimlerChrysler AG (DCX), North American divisions of Honda Motor Co. (HMC), and Nissan... Continue Reading
Posted at 12:37 PM | Permalink | Comments
Sep19
Is Viacom Slow To Embrace The Internet?
Marta Wells September 19, 2006
Viacom Inc. (VIA-B) has been criticized in the past by some on Wall Street for moving too slowly to embrace the Interent, according to this CNNMoney.com article. The new CEO of Viacom told investors today that is is hunting for... Continue Reading
Posted at 10:13 PM | Permalink | Comments
Chrysler Cuts Production
Marta Wells September 19, 2006
After the 1998 merger with Germany's Daimler-Benz AG, Chrysler went through a round of plant closings and job cuts. Now Chrysler, whose parent company is DaimlerChrysler AG (DCX), said it will cut U.S. vehicle production by 15 percent, according to... Continue Reading
Posted at 9:39 PM | Permalink | Comments
HP Spying Scandal Worsens
Marta Wells September 19, 2006
Hewlett-Packard Co. (HPQ) is in the news again with further information on illegal spying tactics that have set off criminal investigations. Spying efforts included physical surveillance, photographs and even spyware sent via e-mail. The spying wasn't just limited to employees... Continue Reading
Posted at 3:05 PM | Permalink | Comments
Quigo Competes With Google and Yahoo
Marta Wells September 19, 2006
Quigo might not be a household name but they are becoming a bigger player in the online advertising business currently dominated by Google Inc. (GOOG) and Yahoo! Inc. (YHOO). Like Google's AdsSense and Yahoo's Content Match, Quigo sells a product to... Continue Reading
Posted at 9:59 AM | Permalink | Comments
Motorola Offers $3.9 Billion For Symbol Tech
Marta Wells September 19, 2006
Motorola Inc. (MOT) will pay $15 a share, which works out to $3.9 billion in cash, to acquire Symbol Technologies Inc. (SBL), a maker of handhled computers, wireless networking equipment and radio frequency indentification systems. Shares of Symbol jumped up... Continue Reading
Posted at 9:40 AM | Permalink | Comments
Sep18
Couric Inspires A Rating Race Not Seen In A Decade
Marta Wells September 18, 2006
Only two weeks into her new career as a CBS Corporation (CBS-A) evening news anchor, Katie Couric has added the competitive nature that has been missing between network newscasts for nearly a decade. According to a preliminary Nielsen Media Research report... Continue Reading
Posted at 9:23 PM | Permalink | Comments
Saks Opens First Mexico Store
Marta Wells September 18, 2006
Saks Inc. (SKS) plans to open their first Saks Fifth Avenue store in Mexico this time next year. As the company works to improve its U.S. operations it still is looking at opening more stores in this country to add... Continue Reading
Posted at 9:16 PM | Permalink | Comments
Wyndham, Hotel Surcharges and What That Means To You
Marta Wells September 18, 2006
In a recent $2.3 million settlement between Wyndam Worldwide Corporation (WYN) and the attorney general of Florida it seems the move towards a full disclosure of the hotel industry's use of automatic and non-negotiable fees might be closer. Florida began... Continue Reading
Posted at 9:00 PM | Permalink | Comments
Warner Music and YouTube Team Up For Music & More
Marta Wells September 18, 2006
In an agreement that fits the growing trend of entertainment and the Internet, Warner  Music Group Inc. (WMG) and YouTube Inc. have agreed to a revenue-sharing deal that will allow transfers of thousands of music videos and interviews to the millions... Continue Reading
Posted at 8:28 PM | Permalink | Comments
Sep15
Microsoft Music Player Offers Wireless Song-Sharing
Marta Wells September 15, 2006
Microsoft Corp. (MSFT) plans to release its answer to Apple Computer Inc.'s (AAPL) iPod-the Zune player, in time for the holiday season in the hopes that they can move ahead in the digital music market. J. Allard, vice president for... Continue Reading
Posted at 8:29 PM | Permalink | Comments
DaimlerChrysler Looking For Import Partner
Marta Wells September 15, 2006
DaimlerChrysler (DCX) has decided that it can't build their own subcompact cars in North America so they will need to import them and are beginning the search for companies in China to partner with. According to this NYTimes.com article, DaimlerChrysler’s... Continue Reading
Posted at 8:09 PM | Permalink | Comments
Northwest Flight Attendants Barred From Striking
Marta Wells September 15, 2006
A U.S. federal judge ruled that Northwest Airlines Corp. (NWAXQ.PK) flight attendants may not strike or take other job actions until a decision is made on the matter by the bankruptcy court, as stated in this WashingtonPost.com article. Judge Victor... Continue Reading
Posted at 1:15 PM | Permalink | Comments
Ford Saves a Whopping $5 Billion in Recent Cuts
Marta Wells September 15, 2006
Ford Motor Co. (F) is offering its hourly workforce of 75,000 packages that offer incentives to leave the company as part of the slashing of costs in their recent restructuring plans. They also are cutting one-third of their white-collar jobs... Continue Reading
Posted at 11:29 AM | Permalink | Comments
Wal-Mart Does Away With Layaway
Marta Wells September 15, 2006
Wal-Mart Stores Inc. (WMT) is one of the last big retailers to offer layaway and that ends with this Christmas shopping season. Customers have until Nov. 19 to put their items on layaway and they must pick them up by Dec.... Continue Reading
Posted at 10:12 AM | Permalink | Comments
Sep14
AOL and "Survivor" Producer Team Up For An Online Game Offering
Marta Wells September 14, 2006
Time Warner Inc. (TWX) owned AOL and Mark Burnett, the creator of "Survivor" have teamed up to offer Gold Rush, an online game which they hope will become a national sensation in keeping with the TV reality show.   The game promises... Continue Reading
Posted at 3:33 PM | Permalink | Comments
Anadarko Petroleum Sells Canadian Subsidiary
Marta Wells September 14, 2006
Anadarko Petroleum Corp. (APC) in a bid to raise money to pay for two major acquisitions, is selling its Canadian subsidiary, Canadian Natural Resources, for nearly $4.1 billion. Anadarko announced in June that it would put CNR up for sale... Continue Reading
Posted at 3:07 PM | Permalink | Comments
Nintendo Will Release New Game Console
Marta Wells September 14, 2006
Nintendo (NTDOY.PK) will make their new Wii video game console available in North America and South America on Nov. 19, just in time for the holiday shopping season. Their main rival, Sony Corp. (SNE), has been forced to delay their own... Continue Reading
Posted at 11:38 AM | Permalink | Comments
Former Fannie Mae CEO May Face Civil Suit
Marta Wells September 14, 2006
Fannie Mae's (FNM) top regulator said it is "more than likely" that the federal government will sue former CEO Franklin D. Raines over the mortgage finance company's accounting fiasco. They will seek to recover bonuses and salary and perhaps impose... Continue Reading
Posted at 11:27 AM | Permalink | Comments
Google's Acquisitions Strategy is Unique
Marta Wells September 14, 2006
Unlike Yahoo! Inc. (YHOO) and eBay Inc. (EBAY), Google Inc. (GOOG) has spent far less in mergers and acquisitions, prefering to "look for unique products, technologies and engineering teams" as start ups and declining to buy their way into new fields,... Continue Reading
Posted at 10:40 AM | Permalink | Comments
Sep13
RCN Corporation May Put Itself Up For Sale
Marta Wells September 13, 2006
Less than two years after emerging from bankruptcy protection, RCN Corporation (RCNCQ.PK)  maybe put up for sale. Possible bidders include private-equity firms and communications companies. RCN has a market value of $965 million with 400,000 customers througout New York, Boston,... Continue Reading
Posted at 11:38 PM | Permalink | Comments
Google and Charity: A For-Profit Partnership
Marta Wells September 13, 2006
Google (GOOG) founders have set up a philanthropy with seed money of about $1 billion mandating work to be done to tackle poverty, disease and global warning. Unlike most charities, this one is a for-profit venture, allowing it to fund... Continue Reading
Posted at 11:29 PM | Permalink | Comments
Unilever's Lipton Tea Bags Going Upscale
Marta Wells September 13, 2006
Lipton, the world's largest tea company and a division of Unilever (UL), will start selling tea bags containing long leaf teas in supermarkets nationwide next month. They will also move from paper to nylon mesh bags in a delicate pyramid... Continue Reading
Posted at 10:19 PM | Permalink | Comments
Ford to Review Costs in Restructuring Plans
Marta Wells September 13, 2006
Ford Motor Co. (F), in borad restructuring plans will review cuts to white-collar staffing, benefits, and other costs by 30 percent. According to the WashingtonPost.com the plan was posted on the Web site of the Wall Street Journal. The newspaper... Continue Reading
Posted at 2:25 PM | Permalink | Comments
Sep12
Home Depot vs Lowe's: Who is Getting Hammered?
Marta Wells September 12, 2006
Home Depot Inc. (HD) has had a tough year, along with other home-improvement retailers. In August the company reported soft second-quarter earnings and cautioned that it expects only slight gains for the rest of 2006, according to this BusinessWeekOnline report.... Continue Reading
Posted at 8:47 PM | Permalink | Comments
Bristol-Myers CEO Steps Down
Marta Wells September 12, 2006
Bristol-Myers Squibb Co.'s (BMY) has appointed James M. Cornelius, a member of the board, to serve as interim chief as Peter R. Dolan resigns from the chief executive position following a mishandled attempt to settle a patent dispute with generic... Continue Reading
Posted at 3:38 PM | Permalink | Comments
HP's Chairwoman Dunn is Done
Marta Wells September 12, 2006
Hewlett-Packard Co. (HPQ) announced that Patricia Dunn has agreed to step down as chairwoman in January due to a scandal involving possibly illegal tatics used in an investigation into media leaks. CEO Mark Hurd will succeed her as chairman of... Continue Reading
Posted at 8:25 AM | Permalink | Comments
GlaxoSmithKline To Pay IRS $3.4 Billion
Marta Wells September 12, 2006
In the biggest tax settlement in their history GlaxoSmithKline (GSK) has agreed to pay the Internal Revenue Service $3.4 Billion to settle claims that it underpaid U.S. taxes since 1989. It was determined they accomplished this by shifting profits abroad.... Continue Reading
Posted at 8:11 AM | Permalink | Comments
Sep11
Hong Kong Disneyland Falls Short of Goals Amid Stiff Competition
Marta Wells September 11, 2006
Hong Kong Disneyland (DIS) hasn't met its attendance goals for this year but their competitor Hong Kong Ocean Park, a 29-year-old marine-themed park, which many thought would go under when Disneyland opened, experienced their largest attendance boom ever. Compared to Disneyland's... Continue Reading
Posted at 1:29 PM | Permalink | Comments
NS Group Inc. Bought By IPSCO
Marta Wells September 11, 2006
Canadian steelmaker, IPSCO, buys NS Group Inc. (NSS) for about $1.46 billion. The deal will be used to broaden Ipsco's energy product offering, according to this MSNBC.com report. NS Group president Rene J. Robichaud said the merger will allow employees... Continue Reading
Posted at 12:13 PM | Permalink | Comments
Apple and Disney Get Computer and Home TV in Bed Together
Marta Wells September 11, 2006
Just days behind Amazon.com's announcement about offering video download services, Apple Computer Inc. (AAPL) announces a distribution deal with Walt Disney Co. (DIS) to provide video downloads to their sleeker, higher-capacity iPods. According to this NYTimes article, despite proclaiming that... Continue Reading
Posted at 11:40 AM | Permalink | Comments
Hewlett-Packard Brings Pretexting Into the Spotlight
Marta Wells September 11, 2006
My previous post spoke of Hewlett-Packard Co. (HPQ) and the questionable tacits used in the investigation into internal leaks to the media that has left Chairwoman Dunn with the possibility of being asked to resign her position. The illegal practice brought... Continue Reading
Posted at 11:15 AM | Permalink | Comments
Hewlett-Packard Chairwoman Refuses to Resign
Marta Wells September 11, 2006
Patricia C. Dunn, Hewlett-Packard Co. (HPQ) chairwoman, has stated that she has no intention of resigning but would do so if asked according to this NYTimes article. The investigation that dug up the phone records of company directors and journalists was... Continue Reading
Posted at 9:37 AM | Permalink | Comments
Sep 8
Amazon.com Offering Video Download Service
Marta Wells September 8, 2006
Amazon.com Inc. (AMZN) launched a video download service Thursday, named Amazon Unbox, which will offer thousands of television shows, movies and other videos. More than 30 studios and networks will be represented. This announcement puts to rest all the speculation... Continue Reading
Posted at 10:52 AM | Permalink | Comments
ConocoPhillips Blocked For Drilling In National Oil Reserve
Marta Wells September 8, 2006
Nearly 13 million acres of the National Petroleum Reserve-Alaska are available for lease sale or have been sold to oil companies, most notably ConocoPhillips (COP). A judge has temporarily halted the project to lease more than 1 million acres due... Continue Reading
Posted at 10:03 AM | Permalink | Comments
Gateway Names New CEO
Marta Wells September 8, 2006
The third-largest personal computer maker in the United States, Gateway Inc. (GTW), names J. Edward Coleman as CEO. Coleman, who most recently served Arrow Electronics Inc. (ARW), replaces Rick Snyder, who served as interim CEO since February after Wayne Inouye resigned... Continue Reading
Posted at 9:51 AM | Permalink | Comments
Former Head of BP PLC Invokes Fifth Amendment
Marta Wells September 8, 2006
The former head of BP PLC's (BP) program to combat corrosion in its Alaska pipelines invoked the Fifth Amendment and refused to answer questions when brought before a House subommittee. Lawmakers also rebuked two other senior company executives for maintenance neglect... Continue Reading
Posted at 9:38 AM | Permalink | Comments
Sep 7
Apple iTune Podcasts Can Teach You To Speak Japanese