Posted on 21 February 2011. Tags: ban, cocoa beans, cocoa prices, commodity prices, export, Ivory Coast
Cocoa prices have soared to a 32 year high and chocolate lovers everywhere may be left with a bitter taste in their mouth. Usually when commodity prices soar it is because of a shortage caused by a bad crop. But the Ivory Coast which produces almost half the world’s cocoa beans actually has a [...]
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Posted on 16 February 2011. Tags: bankruptcy, Borders, brick and mortar chain, chapter 11, e-books, e-commerce
Borders has made speculation official and filed for bankruptcy in what may be a sign of the times. The digital age may have claimed its latest victim. With the increasing popularity of e-book readers like kindle, competition from Amazon and other online merchants for physical books this brick and mortar chain appears headed the way [...]
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Posted on 15 February 2011. Tags: currency, Federal Reserve, South Carolina, state rights
South Carolina has gained a reputation as a vocal advocate for state rights and opposing federal laws. Now the state’s lawmakers are examining the idea of establishing their own currency. About a year ago Rep. Mike Pitts introduced a bill to replace federal currency and establish a state monetary system based on gold and silver [...]
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Posted on 11 February 2011. Tags: dead flowers, flowers, FTD, Groupon, Valentines Day
Yesterday, Groupon ran what many thought was a special Valentines Day a deal with FTD. The deal was supposed to offer $40 worth of flowers for half off but many are calling it a scam. So what went wrong with the deal that so angered over 3,000 Groupon’s users? Well for starters the flowers were [...]
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Posted on 10 February 2011. Tags: Activision, Guitar Hero, music game, music genre
Today the ax fell on Guitar Hero to many people’s surprise and dismay. The popular music game has been a favorite in the music genre since 2005. Activision officially announced the end of Guitar Hero and will be shutting down the division that produces the once popular game. The ax will fall not only on [...]
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Posted on 08 February 2011. Tags: breach, computer hackers, NASDAQ, trading
Last week a set of computer hackers tapped into the NASDAQ system and caused a wide-spread panic. The idea that anyone could gain access to the financial information contained within the NASDAQ system was stunning to many and downright scary to many others. But the system told reporters today that the hackers did not gain [...]
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Posted on 05 February 2011. Tags: Anthony Carleo, armed robbery, Bellagio Casino, Las Vegas
Last year a man walked into the Bellagio Casino in Las Vegas and walked out with $1.5 million in chips after waving a gun around. Today that man is in custody and business is better for the famed hotel and casino. Anthony Carleo is now facing charges of armed robbery and aggravated theft for the [...]
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Posted on 04 February 2011. Tags: Apple, AT&T, iPhone, Verizon
The newest hit for Verizon, the Apple iPhone, has been a strong seller for the largest wireless network. This was expected as it ended the long-held idea that AT&T would be the only company to carry the popular smart phones. However, AT&T has been dealing with a lot of issues of late and they are [...]
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