business
"Oilfield Trash" and a Boom That Won't Last
Ken Layne · 10/08/13 11:18AMPeople are strangers out here on the oil patch, and public conversation is terse and muted. You never know when an oil company manager or safety inspector or corporate spy is sniffing around. I learned after the first day in Williston, N.D., that my usual work uniform of an old sports coat and tie made me suspect. Leaving the tie at the motel helped, but not much.
Bakken Boom: Where the Buffalo Are Furloughed
Ken Layne · 10/07/13 10:02AMOil wells and sheet-metal buildings are hideous things, but America the Beautiful resumes as soon as you get past the last grim RV park and last signs of our shoddy civilization. The easiest way to refresh the soul is to look on the map for a big chunk of green: a national park or preserve or forest, or in the case of the Bakken, the Little Missouri National Grassland.
American Ugly: Bakken Shantytowns and Stucco Strip Malls
Ken Layne · 10/04/13 02:01PMBoomtowns don't have to be ugly. San Francisco was built during the Gold Rush, as was Sacramento and dozens of still pretty towns in the Sierra Nevada. Virginia City, home to the Comstock Lode, quickly built up neighborhoods of ornate mansions and a main street that offered everything from Oscar Wilde lectures in the opera house to exotic prostitutes from Australia and China. But since the 1960s, when America lost its ability to see or create beauty, our endless boom and bust cycle produces nothing but garbage: garbage housing, garbage retail, garbage jobs and garbage products.
Boomtown Rats on the Lonesome Prairie
Ken Layne · 10/03/13 03:08PMWhy Bangladeshi Manufacturers Are Not Going to Be Safe Any Time Soon
Hamilton Nolan · 07/24/13 10:51AMCostco: The Anti-Wal-Mart
Hamilton Nolan · 06/06/13 04:53PMGrumpy Cat Latest Non-Human Entity To Get WSJ Stipple Portrait
Ken Layne · 05/30/13 05:07PMEnron Felon Jeffrey Skilling Getting Out of Jail 10 Years Early
Ken Layne · 05/08/13 05:05PMWhat's The Big Idea? Searching For Meaning at the 'Ideas Festival'
Hamilton Nolan · 05/08/13 10:40AMMedia companies love to wrap themselves (ourselves) in the cloak of "ideas" just as much as advertising firms love to burnish themselves with the patina of "creativity." In both cases, it is self-flattery disguised as public celebration. We the media are not simply engaged in telling you stuff that happens; we are in the more lofty business of propagating ideas. Ideas! Who doesn't love ideas? What sort of ideas? Oh... all types of ideas!
Warren Buffett Joins Twitter, Can Fuck With Stock Prices In Real Time
Adam Weinstein · 05/02/13 11:49AMIf, while web-surfing at work, you ever wonder about the weather in Omaha or pine for platitudes about thriftiness and solid work ethics, take heart! A rich old man has joined Twitter to tell you things, and also to throttle world markets with RTs of Buzzfeed links, so kick back and grab a Werther's Original.
If Tumblr 'Couldn't Be Happier' With its Journalists, Why'd it Just Fire Them All?
Adam Weinstein · 04/10/13 08:30AMThe Five Million Dollars Amazon's Jeff Bezos (and Others) JUST Invested in Business Insider [SLIDESHOW]
Max Read · 04/05/13 10:52AMJeff Bezos, Time magazine man of the year 1999, has invested $5 million in the news and slideshow website Business Insider. Bezos' net worth is something like $25 billion, so in real-people money, $5 million to Jeff Bezos is... about 15 bucks. But it's a lot to BI, which has raised around $13 millon so far, and will "do eleven million dollars in revenues this year," according to a New Yorker article from this week. Update!: Bezos is not, actually, investing a whole $5 million; rather, $5 million is the total sum that Business Insider just raised, between an unspecified investment from Bezos and money from previous investors chipping in again.
Business Professor: Don't Major in Business
Hamilton Nolan · 02/14/13 02:47PMThe cold hard truth is that kids who major in business are generally considered to be kind of dumb. Not by us, mind you, but by, you know, people in the world of business. "A business major is a big fucking waste of time," is the consensus opinion of those people that business majors will soon be asking for jobs. Now, the penchant for "telling it like it is" when it comes to majoring in business has come to an unlikely place: business school.
Cord Jefferson · 02/13/13 07:53PM
Citigroup to Cut 11,000 Jobs Just Before the Holidays
Robert Kessler · 12/05/12 12:23PMCompany Behind Tupac Reagan Hologram Now Bankrupt
Cord Jefferson · 09/11/12 03:45PMIs Groupon Responsible for This Waffle Restaurant Shutting Down?
Louis Peitzman · 07/23/12 10:09PMAre Shareholders Ruining Corporations?
Hamilton Nolan · 06/28/12 01:56PMIf you read "the business section" or invest in a "portfolio" or are a member of or have ever gotten into an argument with a member of "the Republican Party," you're probably familiar with the argument that corporations have a moral and legal duty to act solely to grow their value for their own shareholders. If you are not a corporation's shareholder, in other words, it has no duty to do shit for you. Now, this idea is being challenged. BUT: should it be?
Business Majors Are Basically Kind of Dumb
Hamilton Nolan · 04/05/12 12:58PMNow look, before all of you undergrad business majors get all hot under your golf shirt collars and start angrily pounding on your cubicle walls and throwing around your fraternity-branded shot glasses: this is not from me, okay? This is from "The Wall Street Journal," a newspaper that you may have heard of at some point in one of your business classes. (If you haven't, that's okay.) It's not that business majors are bad. Not at all. You're just not as sharp as the other kids.