Title: Blockbuster, Hoping to Reinvent Itself, Files for Bankruptcy
Author: MICHAEL J. de la MERCED
Periodical: The New York Times (Online)
Due to their large amount of debt and struggle against competing companies, Blockbuster has decided to file for bankruptcy. By doing this they hope that they will be able to recreate themselves to be a stronger competitor against the leading video rental companies such as Netflix. It will also eliminate most of their $1 billion debt. I think that if Blockbuster succeeds in making their company better and more appealing to consumers, it may regain its spot as one of the leading movie rental companies. To become more like their competitors, Blockbuster had begun to improve it's Internet and mail based part of their company. I think it is essential that they continue to improve these to attract more customers. The reinvention of Blockbuster will influence the movie rental business and create more competition for these companies.
Friday, September 24, 2010
Thursday, September 9, 2010
Title: Survey: Majority of Working Americans Doubt They'll Be Able To Retire
Author: George Ford
Periodical (online): The Gazette
A survey was taken given by New York-based StrategyOne to 1043 Americans between August 20th to August 23rd. The survey revealed that nearly 2/3 of Americans believe that they will not be able to quit their jobs and retire once they reach retirement age. The results of this survey reflect the state of our current economy. Since our economy is currently not in the best shape, nearly half of the surveyed working Americans have reported that their paycheck has been decreased. Additionally, they fear that they could lose their jobs or some of their hours. The downfall of our economy is having a huge impact on the working class. Among it's many disadvantages on our society is the fact that less retirements means fewer jobs for future generations. Hopefully, our economy will soon rebound and eliminate this issue.
Author: George Ford
Periodical (online): The Gazette
A survey was taken given by New York-based StrategyOne to 1043 Americans between August 20th to August 23rd. The survey revealed that nearly 2/3 of Americans believe that they will not be able to quit their jobs and retire once they reach retirement age. The results of this survey reflect the state of our current economy. Since our economy is currently not in the best shape, nearly half of the surveyed working Americans have reported that their paycheck has been decreased. Additionally, they fear that they could lose their jobs or some of their hours. The downfall of our economy is having a huge impact on the working class. Among it's many disadvantages on our society is the fact that less retirements means fewer jobs for future generations. Hopefully, our economy will soon rebound and eliminate this issue.
Thursday, September 2, 2010
Business Article
Title: To Win Over Users, Gadgets Have to Be Touchable
Author: Claie Cain Miller
Periodical (Online): The New York Times
In these modern times it has become apparent that people around the world have found technology with the touch screen feature to be more appealing. This type of feature has been more widely introduced throughout the last few years through devices such as the iPod Touch/iPhone, GPS, e-readers, and a number of similar gadgets. This new
innovation has changed the way we live our day-to-day lives. Touch screens eliminate the need for keyboard and mouse, therefore detracting from the necessity for skills
associated with these devices.
The invention of the touch screen feature is a turning point in the technological and business world. It creates a greater ease in the use of technology especially the more commonly used handheld devices. Using touch screens is noticeably more instinctive and less time consuming. This innovation can greatly benefit the business world but may also hurt companies that do not use this technology to their advantage.
Author: Claie Cain Miller
Periodical (Online): The New York Times
In these modern times it has become apparent that people around the world have found technology with the touch screen feature to be more appealing. This type of feature has been more widely introduced throughout the last few years through devices such as the iPod Touch/iPhone, GPS, e-readers, and a number of similar gadgets. This new
innovation has changed the way we live our day-to-day lives. Touch screens eliminate the need for keyboard and mouse, therefore detracting from the necessity for skills
associated with these devices.
The invention of the touch screen feature is a turning point in the technological and business world. It creates a greater ease in the use of technology especially the more commonly used handheld devices. Using touch screens is noticeably more instinctive and less time consuming. This innovation can greatly benefit the business world but may also hurt companies that do not use this technology to their advantage.
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