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Chicago Schools Spent $67,000 on Espresso Machines
upi.com — "We also look at it as a waste of money because the schools didn't even know they were getting the equipment, schools didn't know how to use the machines and weren't prepared to implement them into the curriculum," Sullivan said.More… (Business & Finance)
Burento
Financial Casualty: Why Adolf Merckle Killed Himself
time.com — Crushed by watching his life's work slip through his fingers, Adolf Merckle, the 74-year-old Swabian billionaire, walked out into the bitter cold Monday night and threw himself under a speeding train.More… (Business & Finance)
smilingcandle23 Dumbest Moments in Business 2008.
walletpop.com — Fortune's annual list of the year's most laughable moves proves that, even in moments of crisis, stupidity lives on.From former Countrywide CEO's accidental reply-all e-mail to reports of Steve Jobs' death(he's still alive), click through our gallery as Fortune picks the 21 dumbest moments in business for 2008.You won't know whether to laugh or cryMore… (Business & Finance)
nitmeh3U.S. Seeks to Imprison Madoff for $1 Million Transfer
bloomberg.com — U.S. prosecutors asked a federal judge to imprison Bernard Madoff as he awaits trial, arguing his $10 million bail should be revoked because he transferred $1 million of valuables in violation of an asset freeze order. More… (Business & Finance)
SurferessGerman billionaire Adolf Merckle jumps in front of Train
cnbc.com — German billionaire Adolf Merckle, who last year joined the ranks of investors who were caught on the wrong foot by an unprecedented surge in carmaker Volkswagen's shares, died after being hit by a train on Monday evening, Die Welt newspaper reported in its online edition, citing police. More… (Business & Finance)
chicagojackTreasury's Paulson Gets It Wrong (Surprise!)
forbes.com — In a recent interview with the Financial Times, U.S. Treasury Secretary Hank Paulson blamed the credit crisis on global imbalances. Specifically, he repeated a storyline popularized by Alan Greenspan and Ben Bernanke: that a global savings glut (otherwise known as an imbalance) pushed interest rates down around the world...More… (Business & Finance)
EMFK
Oil up 38% since Christmas.
money.cnn.com — Oil prices soared again Monday - moving closer to the $50 mark - as the movement of Israeli forces into the Gaza Strip this weekend added to worries about Middle East supply disruption.More… (Business & Finance)
hsinray
The Best and Worst Jobs in the U.S.
online.wsj.com — Mathematicians landed the top spot in a new study ranking the best and worst jobs in the U.S. A look at how other occupations fared.More… (Business & Finance)
dirkdiggler1337
Toyota Shuts Down Plants in Japan
news.yahoo.com — Toyota reeling from its worst U.S. sales decline in more than a quarter of a century, will shut all its factories in Japan for 11 days as the global economic slump hits demand and company profits.More… (Business & Finance)
indycolts88The Growth of Walmart Across America [VidMap]
projects.flowingdata.com — "I mapped the spread of Walmart using Modest Maps. It starts slow and then spreads like wildfire in the southeast and makes its way towards the west coast. "More… (Business & Finance)
gamebittk
ABC News: Start Your Own Business for $100 or Less
abcnews.go.com — Tory Johnson's tips and advice on GMA for starting your own business for $100 or less. Interesting.More… (Business & Finance)
AmyVernonEconomy Sucks But Sex Is Booming!
news.com.au — THOSE strapped for cash may be spending less on restaurants and entertainment during a downturn, but not necessarily on the quality of their sex lives.More… (Business & Finance)
BuzzEdition
Four Ways the US Car Industry Can Save Itself
nytimes.com — For Detroit, there is plenty of failure. But there are also plenty of opportunities to begin again. In fact, there are many new technologies to make cars safer, cheaper, cleaner and more convenient. All these could be adopted by the automobile industry in the near future and without too much trouble.More… (Business & Finance)
7FluidAHChrysler Recieved A $4 Billion Governent Loan
reuters.com — Chrysler LLC said on Friday it has received an initial $4 billion emergency loan from the government. ''This initial loan will allow the company to continue an orderly restructuring,'' Chrysler Chief Executive Bob Nardelli said in...More… (Business & Finance)
louiebaurWho Saw The Housing Bubble Coming?
forbes.com — Some forecasters were prescient; financial leaders weren't.More… (Business & Finance)
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