by Chris Reich | Jan 21, 2008 | Business
Think of yourself as on the threshold of unparalleled success. A whole clear, glorious life lies before you. Achieve! Achieve! Andrew CarnegieOver the next several months, those of us in business are going to hear a lot of bad economic news and dire predictions for...
by Chris Reich | Jan 21, 2008 | Business
Nokia saved a bunch of money but lost their customers.Nokia announced a plant closure in Germany this week. The company will move manufacturing from the Ruhr District of Germany to the cheaper labor pool of Romania. The move will cost Germany about 2,300 jobs....
by Chris Reich | Jan 20, 2008 | Business
What’s not to like?”We found that clowns are universally disliked by children. Some found them quite frightening and unknowable,” said Penny Curtis, senior researcher at the University of Sheffield which questioned 250 children aged between four and...
by Chris Reich | Jan 14, 2008 | Business
There’s good news and bad news. First, the bad news. We are headed for a recession. I posted a warning about this months ago. Actually, we’re in it. Review the Christmas sales that left retailers in a panic. I believe this recession will be deeper...
by Chris Reich | Jan 11, 2008 | Business
An American parable. HotShot Inc. is closed. Too bad. In their glory days HotShot had $200 million in sales, great margins and terrific prospects for the future. The only evidence remaining of the company’s existence are a few lawsuits yet to be...
