Archive | May, 2006

How Low Can A Dollar Go?

Whenever you or I want to buy a car, a home, or just get a credit card, we are examined based on our credit score. But what if you are not a person - but a country?
Since the American dollar is no longer backed by anything other than the “good will” of the United [...]

Hedge Fund Manager Posts 3-Years Of Single Digit Returns, Earns $400 Million

The New York Times reports that Bruce Kovner, a hedge fund manager that runs Caxton Global Offshore fund, took home $400 million last year and yet only earned single digit returns. In fact, 2005 was the third year in a row that he posted single digit returns.

Diet Coke Class Action Lawsuit On The Horizon?

I love Diet Coke. I swore by it and other sugar-free caffeinated beverages both during my military career and in college.
It seemed like I was always sleep-deprived then, and always needed something to keep me awake. A cold can of Diet Coke often fit the bill. There’s not much more [...]

McDonalds’ Big WiFi Mistake

If you had served billions and billions of burgers, had thousands of locations, a recognizable brand, and one of the greatest real estate portfolios known to man - why would you bite the hand that feeds you?
That’s how it feels to me, as a WiFi-hungry consumer, when I see a huge multinational fast food chain [...]

Wal-Mart Feeling Gas Price Pinch

As the country’s largest employer and the world’s largest retailer, Wal-Mart’s business model is highly dependent on its nationwide distribution network - and fuel. The company recently announced that they are feeling a fuel price pinch, and that higher prices could pressure their results. CNNMoney reports.

Skype Offers Free Calls To US and Canada For Rest of 2006

If you like making free phone calls, using Skype can save you a bundle this year. They recently announced that North American Skype users can make free calls to the US and Canada via Skype until the end of the year.