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  • +5

    20 Worst Product Failures

    See the Complete List of product failures! --- Baby Wee-WeeFamosa Tickle his belly, and this anatomically correct doll giggles, gets what looks like erection and pees in your face. We’re not sure what’s creepier – Baby Wee Wee himself, or the commercial used to sell him. Baby dolls that pee are nothing new. But baby dolls with a disproportionately large penis ...
    Rated: +5
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    Free AK-47 Rifle With Each Tractor

    Free AK-47 Rifle With Each Tractor
    PRIZES for the most remarkable promotional offer of recent times go to a US tractor dealer who is offering a free AK-47 assault rifle with every tractor purchase. Henry Jordan, a partner in Carolina Tractor and Marine, in South Carolina, said the offer was a 'win-win' to boost vehicle sales and give farmers 'vital protection'. "We thought: 'You know what? Every ...
    Rated: +4
  • +1

    Fed Launches New $200B Consumer Credit Program

    Fed Launches New $200B Consumer Credit Program
    WASHINGTON – The government launched a much-awaited program Tuesday to spur lending for autos, education, credit cards and other consumer loans by providing up to $200 billion in financing to investors to buy up the debt. If the program succeeds, it should help bust through the credit clogs in place since last year and make it easier for Americans to finance ...
    Rated: +1
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    Resale Shops Find They're a Good Fit in Tough Times

    Resale Shops Find They're a Good Fit in Tough Times
    Never much of a thrift shopper, Helen Romero frequented department stores before losing her job in February. But these days, the former real estate agent has found a new shopping option. "Right now, the way things are priced at the mall, I would rather go to a resale shop," she said. As retail suffers amid the recession, thrift and consignment stores ...
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    Citigroup to Lower Mortgage Payments for Jobless

    Citigroup to Lower Mortgage Payments for Jobless
    NEW YORK — Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part of a new program to help the unemployed. The struggling bank makes the move as President Barack Obama looks to lenders to adjust the way loans are handled. Citigroup's new mortgage efforts also ...
    Rated: +1
  • +5

    Taking 'Office' Lessons from the World's Greatest (Inept) Boss

    Taking 'Office' Lessons from the World's Greatest (Inept) Boss
    Supervisors, middle managers and corporate executives — suits, if you will — tonight will be going to a frightening source for leadership lessons. Many will put down their copy of The Effective Executiveby Peter Drucker and tune into the one-hour season premiere of NBC's (GE) comedy The Office. This borders on disturbing. After all, the show centers on a bumbling boss ...
    Rated: +5
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    Apple Touts Affordability With New Desktop Line

    Apple Touts Affordability With New Desktop Line
    CUPERTINO, Calif. — Apple Inc. introduced a refreshed line of desktop computers Tuesday, notable as much for their price tags as new features. The rollout included a long-rumored update to the Mac Mini, as well as a less-expensive iMac and Mac Pro. In a significant nod to the recession, Apple pointed up the affordability of its new machines, a departure for ...
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    Bleak Sales Are Another Reality Check for Economy

    Bleak Sales Are Another Reality Check for Economy
    A bleak report on retail sales Thursday reinforced a nagging worry of economists: Shoppers won't spend enough to help a recovery take hold. The figures served as a reality check for an economy that lately has appeared poised to emerge from recession. Consumer spending powers about 70 percent of economic activity. The Cash for Clunkers rebate program helped give auto sales ...
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    She's Leader of the (Franchise) Pack

    She's Leader of the (Franchise) Pack
    When Amy Nichols worked as a sales representative for Verizon, she often found herself hanging around pet stores on weekends, gazing longingly at the puppies. A longtime pet lover, she yearned to start a business that involved dogs but wasn't interested in selling them. She didn't want to start a kennel, either. Her inspiration came from her Boston terrier, Griffin. Nichols ...
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    Consignment Sale Secrets

    Consignment Sale Secrets
    Now that my daughter is 2, I'm finding my closets are bloated and my floors overrun with toys. In researching options to make some room without losing my shirt on what I've paid out, I've found the local consignment sales are a good option. I get 65 percent of my selling price, and first dibs at shopping at the sales themselves. ...
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    Publishers Like the Look of E-Book Profits

    Publishers Like the Look of E-Book Profits
    Figuring that a book is a book, whether you turn the pages or scroll through them, Minnesota publishers are scrambling to get their share of the growing market for electronic books downloaded from the Internet. Some publishers say their future is tied to the e-books now being sold through amazon.com and Sony's online eBook Store, and read on one of two ...
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    It's Slack to School - Retail Outlook Worsens for Crucial Shopping Season

    It's Slack to School - Retail Outlook Worsens for Crucial Shopping Season
    The outlook for the crucial back-to-school season got cloudier for retailers, as industry stalwarts J.C.Penney and Abercrombie & Fitch suffered plunging sales and profits. Abercrombie CEO Mike Jeffries said yesterday that shoppers' growing obsession with bargains is "clearly a headwind for our premium brands." As such, the chain will continue to trim the stratospheric prices on its jeans and polo shirts. ...
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    Wall Street Sees Shoppers As Key To Rally's Future

    Wall Street Sees Shoppers As Key To Rally's Future
    On Wall Street, the average shopper can trump a Federal Reserve policy maker. With other parts of the economy showing signs of improvement, the question of when a recovery will occur and how strong it will be lies with consumers. So reports last week showing weaker-than-expected retail sales and flagging consumer confidence overshadowed an upbeat view of the economy from the ...
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    Real Estate Report: Where Are Homes Selling?

    Real Estate Report: Where Are Homes Selling?
    Houston is home to five of the nation's top 10 communities for new-home sales in 2008, according to a new study just released by RCLCO, a leading independent real estate advisory firm which has compiled the annual list since 1994. In addition to having more top-selling communities than any other city on the list, Houston also has the only communities on ...
    Rated: +1
  • +1

    EBay Sales: Going, Going...

    EBay Sales: Going, Going...
    By his own admission, eBay Chief Executive John Donahoe is "frustrated." With good reason. Fourth-quarter results reflect the company's first-ever quarterly revenue decline, a sign that Donahoe's effort to reignite growth has yet to take effect. On Jan. 21, the company said sales dropped 6.4%, to $2.04 billion, amid weakness in consumer spending and strength in the U.S. dollar, which reduces ...
    Rated: +1
  • +3

    What am I learning at the Sales 2.0 Conference?

    What am I learning at the Sales 2.0 Conference?
    h4. Definition of Sales 2.0, as per David Thompson, CEO of Genius: Sales 2.0 combines customer-focused processes with Web 2.0 productivity technologies to enhance the art and science of selling while creating customer value. It's all about driving more revenue, more quickly, through the pipeline. According to Thompson, it's all about Marketing & Sales: • *Being in alignment* with the customer ...
    Rated: +3
  • +2

    A Pfizer-Wyeth Merger

    A Pfizer-Wyeth Merger
    Pfizer has been hinting for months that it was in the market for a major acquisition to bolster its sagging fortunes, and it may have found its target. The Wall Street Journal reported on Jan. 23 that New York-based Pfizer, the world's largest drugmaker, is in talks to buy Wyeth, the ninth largest, for as much as $60 billion in stock ...
    Rated: +2
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    Outlook for Jobs Turns Positive

    Outlook for Jobs Turns Positive
    An economic survey out today provides fresh evidence that a fitful recovery is underway as customer demand grows in the third quarter for the first time in more than a year and the jobs outlook brightens a bit. For the first time since the recession began, the portion of companies planning to add employees in the next six months outnumbered those ...
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    NYC Financial Workers See Low-Flying Planes, Panic

    NYC Financial Workers See Low-Flying Planes, Panic
    A low-flying Boeing 747 and a fighter jet over lower Manhattan caused a brief panic among workers near ground zero. It was part of a federal government photo opportunity and training mission involving a presidential plane Monday morning. A floor trader at the New York Mercantile Exchange Building says workers received no official prior announcement about the exercise. He says everyone ...
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    Look Before You Chop Employee Perks

    Look Before You Chop Employee Perks
    Best Buy's (BBY) Chief Operating Officer Brian Dunn won't take over the CEO position until June, but he has already learned a valuable management lesson: Use discretion in figuring out which perks to cut, even in the most difficult economic times. Dunn, a 23-year veteran of the company who started out selling stereos back when Best Buy only had a dozen ...
    Rated: +1