Tuesday, March 23, 2004
Getting there
Count on the biggest company in the world to get prices in line on downloaded music. Get it down to 25 cents a song and there will be no excuse to steal - if you needed one.
Wal-Mart Stores is bringing cut-rate prices to the ever-more-crowded world of online music.
Tuesday, January 20, 2004
McAmazing
Who says letting people get filthy rich doesn’t help the poor? Not the Sally Ann, that’ for sure.
In one of the largest individual charitable gifts ever, the estate of McDonald’s heiress Joan B. Kroc is about to drop a one-time cash donation of $ 1.5 billion into the Salvation Army kettle, Tuesday’s Wall Street Journal reported.
Friday, December 26, 2003
Even tech jobs leaving
Just when you thought only widget makers were setting up in China, there goes the tech jobs.
U.S. corporations are picking up the pace in shifting well-paid technology jobs to India, China and other low-cost centers, but they are keeping quiet for fear of a backlash, industry professionals said.
It’s easy to see how this helps corporations, it’s hard to see how it helps local employment.
Wednesday, December 3, 2003
Record Profits, Record Stress
Now that everyone is working and no-one is looking after the kids (that no one is having anymore), it’s [sarcasm] good to see that the banks, earning their record profits, are taking good care of the employees that they haven’t yet downsized.[/sarcasm]
The Bank of Montreal has been ordered to pay $15,000 for mental suffering to a ‘’devoted’’ employee who suffered a breakdown after working days, nights and weekends to meet the demands of a busy and understaffed branch.
Society needs to tell women that it’s all right to stay home and raise the kids, and not kill themselves at work.
Tuesday, November 25, 2003
Wal*mart Country
An interesting piece on the biggest company in the world, Wal-Mart.
Gray earned $14.68 an hour with a pension and family health insurance. Wal-Mart grocery workers typically make less than $9 an hour.
Love ‘em or hate ‘em, they have cheap prices.
With cheap prices, comes a price. It’s a zero sum game. (use login “generic”, pw “generic")
Update: Peaktalk has an entry saying overall, Wal*Mart is good for everyone involved.
Monday, November 24, 2003
Back on shore
I am always glad to see a few jobs come back from the slave labor centers of India and China.
After an onslaught of complaints, direct sales computer king Dell Inc. has stopped routing corporate customers to a technical support call center in Bangalore, India.
Friday, November 21, 2003
Hard to criticize
No matter what you think of MS or Windoze, it’s hard to argue that he is not super generous.
Microsoft founder and chairman Bill Gates and his wife Melinda are the most generous charitable donors in America, Business Week magazine said on Thursday, as the couple gave away or pledged a staggering $23 billion — more than half of their net worth.
VIA Nealenews
Wednesday, November 19, 2003
To get rich is glorious
For those of you, like me, who feel that we will all be working for Peking one day, read this article on the rise of China. The Marxists are creating a successful, wealthy country, on the backs of near slave labor and no freedom of press. The scary part is that it is working, thanks to the billions Western companies plow into the country.
They are building the future capital of the world here at the mouth of the Yangtze River, a city so vast, astonishing and potent that it ought to be a warning to the soft, declining West
Remember that next time you buy another shirt made there, while the shirt factory down the road closes, throwing your neighbor out of work. Fair trade? I think not.
Color him Black
Greed, for want of a better word, is good - or so said Gordon Gekko of Wall Street ($US orders) Fame. It seems that Lord Black is playing the role in real life.
Although he has been forced to resign as CEO and has agreed to pay back his share of the money, Black insists, wrongly, that it’s really no big deal. “I suppose I’m having a two-minute period in the penalty box,” Black sniffed dismissively after submitting his resignation.