Apple Pushes To Put Interactive Textbooks On iPads
Apple Inc. on Thursday launched its attempt to make the iPad a replacement for a satchel full of textbooks by starting to sell electronic versions of a handful of standard high school books. The electronic textbooks, which include Biology and Environmental Science from Pearson and Algebra 1 and Chemistry from McGraw-Hill, contain videos and other [...]
Mayor Cornett Looks at the State of OKC
Oklahoma City Mayor Mick Cornett used his State of the City address to tell members of the business community he has every reason to be optimistic about the future.
‘The Middle’ Really, Really Wants You To Buy Some Car We Don’t Remember
In case you missed it, last night’s episode of The Middle can briefly be summed up as follows: “Passat Passat Passat Passat Passat.” There was a lot more to the show than that, of course. For starters, I’m fairly certain that they said “Passat” way more than five times. The slightly more detailed synopsis involves [...]
Kodak Calls Bankruptcy Filing ‘Necessary Step’
“Running short of cash and unable to sell 1,100 digital imaging patents that could have rescued it,” as Rochester’s Democrat and Chronicle writes, Eastman Kodak Co. today took the long-expected but still painful step of filing for Chapter 11 bankruptcy protection. As The Associated Press says, this raises the specter that “the 132-year-old trailblazer could [...]
So, Um, What Is A Private Equity Firm?
In the run-up to Saturday’s GOP presidential primary in South Carolina, candidates have clashed over the role of Bain Capital — a firm that either creates or kills jobs, depending upon whom you believe. Front-runner Mitt Romney sees the bright side. Before entering politics in the 1990s, he co-founded Boston-based Bain Capital, one of the [...]
Jobless Claims Drop, Inflation At 3 Percent, Housing Starts Cool
A trio of economic indicators were just released: – First-time claims for jobless benefits plunged by 50,000 last week from the week before, to 352,000, the Employment and Training Administration says. You have to go back to Spring 2008 to find a lower number. Reuters says the news signals “continued improvement in the labor market.” [...]
Silicon Valley Homebuilder Finds A Profitable Niche
The U.S. housing market may be singing the blues, but there are pockets where home sales are rising. James Witt, a homebuilder in California’s Silicon Valley is surviving and thriving thanks to his luck, location, and knowledge of the local market. Witt is a tall lanky man whose graying long hair suggests an actor in [...]
Reports: Obama Administration Will Reject Keystone Pipeline Proposal
Several news outlets are reporting that the Obama administration will reject TransCanada’s proposal to run an oil pipeline across the U.S.-Canada border. The Washington Post reports the administration will make it official later today and will allow TransCanada to reapply once it has a proposal to reroute the pipeline to avoid the environmentally sensitive Sand [...]
New Recycling Company Springs From Old Mattresses
Old mattresses are among the worst kinds of household waste: Most recycling companies won’t touch them, and landfills would rather not. But a new business in Nashville that started as a college project hopes to move mattress recycling into the mainstream — and employ former convicts in the process. Cutting into a mattress at Nashville’s [...]
Yahoo! Co-Founder Jerry Yang Resigns
Jerry Yang, Yahoo!’s co-founder, has resigned from the company’s board of directors and every other position he held. Yang is leaving at a time when the Internet behemoth has struggled to remain relevant in an age of social media. “The time has come for me to pursue other interests outside of Yahoo!,” Yang said in [...]
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