On July 3, 2010
Reining In the Cloud
As cloud computing in its many forms gains traction, higher levels of management complexity are inevitable for large enterprises, managed service providers, and small- to medium-sized businesses. Gaining and keeping control becomes even more critical for all…
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On July 2, 2010
The Economy Blows Walmart into the Windy City with Momentum to Spare
First the recession gave Walmart (WMT) a financial boost as consumers turned to it for inexpensive goods and now the economic downturn has proved a portal to the future, one that goes right through Chicago. The recessionary boost Walmart enjoyed
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On July 2, 2010
End of the Homebuyer Tax Credit Raising Uncertainty for Bed, Bath & Beyond
Weakness in the housing market is going to be trying for Bed, Bath & Beyond (BBBY). Home furnishing retailers have been making rapid gains in recent quarters -- with Bed, Bath & Beyond a standout -- as consumers took advantage
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On July 2, 2010
Message to Blockbuster: Declare Bankruptcy Already
Blockbuster's steadfast refusal to file for bankruptcy officially veered into the absurd this week, with the news that the company missed a $42.4 million payment owed its bondholders. The New York Stock Exchange responded by halting trading in Blockbuster (BBI)
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On July 2, 2010
Google Acquires ITA Software, and the Likes of Kayak and Bing Cry a Little
In a move sure to shake up the online travel world, Google (GOOG) made good on its long-rumored plans to acquire travel powerhouse ITA Software. The potential for a sea change in the way people search for air tickets is
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On July 2, 2010
As Lawsuit Settlement Nears, Quiznos and Franchise Owners Need to Hug it Out
After several years of intense acrimony and litigation, sub-shop franchisor Quiznos is close to reaching a settlement of the multi-year class-action lawsuit brought by nearly 7,000 of its current and former franchisees. The suit leaves Quiznos with a very long
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On July 2, 2010
Why the Third Racketeering Charge Against MTV Better Be a Charm to Clean Up
Jersey Shore's stars get slapped with another lawsuit. MTV needs to wake up and smell the cawfee before its ratings and revenues take a nosedive.
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On July 2, 2010
Weekend Links: Independents Week; Senate Jobs Bill Highlights; IRS Paperwork
To trumpet the economic benefits of buying from locally-owned shops, the advocacy group American Independent Business Alliance kicks off its seventh annual "Independents Week" in communities across the country, including Fayetteville, Ark., as the Fayetteville Flyer reports. …
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On July 2, 2010
Small Business Borrowing Slides In May
U.S small business borrowing in May fell to its lowest level in seven months according to new figures released by PayNet, indicating the recovery could be slowing.
The Thomson Reuters/PayNet Small Business Lending Index, dipped about 5 percent from the…
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On July 2, 2010
A BJ’s Wholesale Investor Wants to Take the Company Private — And BJ’s Could Use the Time Away
BJ's Wholesale Club (BJ) has long been the also-ran in the world of membership clubs. At 188 stores, it's one-third the size of leader Costco Wholesale (COST), but has one-seventh as much revenue. Now, an offshoot of powerhouse retail private-equity
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