The Facebook Phenomenon and Its Economic Impact
Thinking Things Over May 6, 2012 Volume II, Number 18: The Facebook Phenomenon and Its Economic Impact By John L. Chapman, Ph.D. Canton, Ohio. Facebook, Inc. begins its investor roadshow this week in anticipation of an initial public offering on May 18. The company’s potential is virtually unlimited, though business history is replete with should-have would-have could-have .. read more
Auto Sales – January
It ain’t pretty (via MarketWatch): With the majority of automakers having reported, the annualized sales rate for the month is poised to break below 10 million cars and trucks, well below analyst estimates. The lowly figures also touch levels not seen since the early 1980s as consumers sit on their cash in the face of .. read more
Why Should We Bail Out Detroit?
The CEOs of the Big Three auto makers, which are destined to soon be the big two or the big one or the small three, have been on Capitol Hill for two days begging for money so they can save the jobs of the UAW. The UAW sent along a nearly literate representative to assist .. read more
The Big Three?
Via MSN Money: The heads of Ford, Chrysler and GM — once called the Big Three due to their dominance of the industry — went to the Congress seeking $50 billion in federal aid to help them ride out the crisis. “The U.S. government’s actions to help stabilize the credit markets and eventually ease the .. read more
