From Holler.com Walking home from the fourth annual f8 conference earlier this week I kept wondering why I hadn’t gone over to the massive Sean Parker/Spotify after party. Over the past few years, Facebook’s f8 after party was an opportunity to schmooze with people of all levels within the company. This year however, the “A-List” [...]
business
Column: Relocating problem no answer
This week’s column in The StarPhoenix While driving to work last Tuesday, I got ensnared in the road construction and traffic backups on 22nd Street. After navigating part of Caswell Hill, I managed to get across 22nd at Avenue M. As I was stopped on 20th Street, I was approached by a young woman who [...]
New York Banks Hit a New Low
BNY Mellon is now charging a negative interest rate to hold cash The shift is also emblematic of the strains plaguing the U.S. economy. Fearful corporations and investors have been socking away cash in their bank accounts rather than put it into even the safest investments. The giant bank, which specializes in handling funds for [...]
What happens when an industry finds a more efficient model of itself
The beginning revenue of Blockbuster was $6 billion, while the ending revenue of Netflix is $2.2 billion. When the inefficiencies of having retail locations, moving physical inventory, and maintaining overhead/staff are cut out of the ecosystem, far less revenue is needed to support the whole business.
14 Ways to Create Jobs in this Economy
Few Presidents have been able to create jobs like Bill Clinton did during his eight years in office. In Newsweek (it still exists?) he outlines 14 ideas for creating more jobs. 2. CASH FOR STARTUPS If you start a business tomorrow, I can give you all the tax credits in the world, but since you [...]
Gone
As the Guardian puts it. This image shows the biomass of popularly-eaten fish in the North Atlantic Ocean in 1900 and in 2000. Popularly eaten fish include: bluefin tuna, cod, haddock, hake, halibut, herring, mackerel, pollock, salmon, sea trout, striped bass, sturgeon, turbot. Many of which are now vulnerable or endangered. As you can see, [...]
Fred Wilpon
Jeffrey Toobin has an excellent in-depth New Yorker profile of New York Mets owner Fred Wilpon, long known as an honourable businessman who has been caught up in the Bernie Madoff scandal. The Wilpon team believes that Picard and his top deputy, David Sheehan, have shown excessive zeal in pursuing the case. Madoff agrees. “When [...]
The People vs. Goldman Sachs
You may not want to read this if you have heart or problems with high blood pressure Levin couldn’t believe what he was hearing. "Heck, yes, I was offended," he says. "Goldman’s CEO claimed the firm ‘didn’t have a massive short,’ when the opposite was true." First of all, in Goldman’s own internal memoranda, the [...]
Allen Lambert Galleria at Brookfield Place
Allen Lambert Galleria at Brookfield Place, a photo by Jordon on Flickr. The Allen Lambert Galleria, sometimes described as the “crystal cathedral of commerce”, is an atrium designed by Spanish architect Santiago Calatrava which connects Bay Street with Heritage Square. The six storey high pedestrian thoroughfare is structured by eight freestanding supports on each side [...]
The Weir as a Power Station
Saskatoon has decided not to fund a feasibility study on turning the weir into a small hydro power project. The major question now is how much power could be produced annually, Hudson said. A B.C.-based consultant calculated in an initial report -via computer modelling -that the hydropower station could pay for construction costs in 12 [...]
