business

Ted Haggard Has a New Lease on Life

Jeff Neumann · 06/03/10 05:08AM

Yesterday, we asked you what Ted Haggard's big announcement could possibly be. There was great speculation! Well, he's starting a new church with the novel idea of helping people (and pulling in some cash), because "something is better than nothing."

People of New Jersey Turn to Weed Selling

Ravi Somaiya · 05/29/10 03:00PM

As of July 1st 'medical marijuana' (sarcastic inverted commas ours) will be legal in New Jersey. Some Jerseyites are leaving their dull careers, taking classes in pot selling and girding themselves for the rush.

Man Buys PBR for $250 Million

Maureen O'Connor · 05/26/10 01:25PM

After the IRS ordered Pabst's owners to sell, the brewer of blue-collar beverages languished on the market for years. Then something remarkable happened: hipsters discovered it. So now the guy who owns Vlasic pickles plunked down $250M to buy it.

Amazon's Very Big, Very Small Kindle Expansion

Andrew Belonsky · 10/07/09 05:01AM

Amazon's a modern day Don Quixote. The company will expand its Kindle service across the globe, but won't look past the device's book-related origins. No touchscreen here. And, thus, no competition for Apple's forthcoming tablet. Silly Jeff Bezos! [Reuters]

Stop Your Whining, Americans. We're Rich!

Andrew Belonsky · 09/18/09 05:30AM

In the face of the recession, Americans saved more money and stopped borrowing. Meanwhile, stock prices started rising. All this gave households the highest amount of wealth they've had in two years. Let's go shopping! [WSJ]

The Incredible, Chick-Grinding Egg Industry

Andrew Belonsky · 09/01/09 08:39PM

The egg industry's currently engaging in a war on "useless" male chicks, who (duh) produce no eggs. And, like all wars, this one has casualties: cute, innocent, fuzzy, absolutely precious casualties.

The Internet Faces Frightening, Market Driven Future (But Shouldn't)

Andrew Belonsky · 08/31/09 04:27AM

Happy Birthday, Internet! This September marks the 40th anniversary of our virtual god, and, as happens with the marching of time, it faces some changes. The scope and impact of those potential changes remains to be seen, but they're scary!