Link Collection

September 7, 2008

LOTD for September 7

Filed under: Uncategorized — gokamoto @ 5:52 pm

Dell plans to sell some of their factories to reduce their expenses. Interesting that consumers like to buy desktops online from Dell and others but they want to buy laptops in stores…that doesn’t fit well with Dell’s old online ordering model:
http://online.wsj.com/article/SB122058183649202581.html

Interesting to read about Gov. Palin’s academic background–I didn’t realize that she briefly attended 2 colleges in Hawaii:
http://www.bloomberg.com/apps/news?pid=20601087&sid=adyUyba5O8y0&refer=home

Vancouver man bought the SS Minnow (seen in the opening of Gilligan’s Island) and plans to offer 3-hour tours for tourists:
http://tvguide.sympatico.msn.ca/Watercooler/RetroChick/Articles/080806_gilligan_boat_in_vancouver_MH

US dollars have the most drug residue among all countries studied. Apparently our paper money has cocaine, E. coli, and other disease-causing bacteria! 94% of paper money collected in Ohio contained disease-causing or potentially disease-causing bacteria!
http://www.livescience.com/strangenews/080805-money-residue.html

Whole Foods had to recall a lot of ground beef from Nebraska Beef (Nebraska Beef’s second recall this year, this time for 1.2 million pounds of beef, in June they recalled 5.3 million pounds of beef) because of a bunch of E. coli-related illnesses:
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR2008081102640.html?referrer=delicious

High oil prices and high production have resulted in OPEC member countries collecting $645 bil in oil revenue in the first half of 2008, the same amount they made in all of 2007!
http://www.ft.com/cms/s/0/b0172576-670b-11dd-808f-0000779fd18c.html

Interesting editorial about General Motors discusses how GM’s $15.5 bil quarterly loss could be at least partially attributed to their focus on making shareholders happy in the short-term. Institutions buy most corporate stock and have been demanding that companies return cash to shareholders, in the form of dividends and share buybacks instead of investing for the long-term. Hence, GM returned $20 billion to shareholders this way–the writer says that if GM had spent at least some of that $20 bil on R&D they would be in better shape right now. GM also stopped contributing to the pension fund for its employees in the late 90s, which is a major reason why they are so behind in pension contributions now:
http://www.chicagotribune.com/news/opinion/chi-oped0811autoaug11,0,2972247.story

Man on a wheelchair robbed a 7-11, but instead of taking money he took condoms and an energy drink:
http://www.wral.com/news/strange/story/3493543/

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