January 05, 2012
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Get Fit or Get Fined: Web Service Offers to Charge You for Skipping the Gym
Yifan Zhang and Geoff Oberhofer, class of 2010, have founded Gym-Pact.com, a service that charges users money for skipping planned visits to the gym.. . -
Fine proposed for botching US national anthem
An American state senator in Indiana has proposed a new law punishing anybody who changes the lyrics to The Star-Spangled Banner. Vaneta Becker wants to impose a fine of $25 (£16) on singers who dare to improvise, extemporise or undermine the United States' national anthem. Senator Becker, a Republican, is furious about parodies of The Star-Spangled Banner, including a "disrespectful" satirical version one of her constituents heard at a sporting event. "I don't think the national anthem is something we ought to be joking around with," she said. "Singing our national anthem is a sign of gratitude to those who have served our country."More » -
Why Best Buy is Going out of Business…Gradually
Electronics retailer Best Buy is headed for the exits. I can’t say when exactly, but my guess is that it’s only a matter of time, maybe a few more years. Consider a few key metrics. Despite the disappearance of competitors including Circuit City, the company is losing market share. Its last earnings announcement disappointed investors. In 2011, the company’s stock has lost 40% of its value. Forward P/E is a mere 6.23 (industry average is 10.20). Its market cap down to less than $9 billion. Its average analyst rating, according to The Street.com, is a B-.More » -
Edina boutique takes heat for trashing $4,000-plus gowns
If you're going to spray red paint on a $4,000-plus wedding dress and toss it in a trash bin, you might want to do it unwitnessed in the dark of night. Priscilla of Boston, a high-end bridal boutique in Edina that went out of business last week, found that out the hard way as cellphone video of an employee throwing out several expensive dresses made the rounds online and on TV, sparking public dismay at the waste -- and at the sight of shoppers Dumpster-diving for spoils.. .
