Eugene Fama Drinks His Own Brand of Kool-Aid

On November 5, 2009

Priceline, Travelocity and Expedia Compete With iPhone Apps

  Priceline.com unveiled its Hotel Negotiator and application for iPhone and iPod Touch last week, joining Travelocity.com's and Expedia.com's applications at the Apple Online Store.  Priceline's offering features William Shatner as the Priceline Negotiator, and operates much like the Web site offering a variety of last-minute hotel rooms at discounted prices. The application also features hotel listings, customer reviews, maps, pictures and weather. However, competitors Travelocity and Expedia launched their applications earlier this year so Priceline looks like it's coming late to the game. Not so, said Priceline.com spokesman Brian Ek, who said most of online travel agency competitors are supplying  "reskins" of their Web sites, or simply the Web site with a slightly different look. Ek says that Priceline did the same thing until its latest...


On November 5, 2009

Mint Founder Aaron Patzer: How Gen Yers Can Sell Big Ideas

How can a young guy sell a big idea in a skeptical world? Mint.com founder Aaron Patzer, who recently sold his start-up for $170 million, explains the advantages and challenges of being a Gen Y entrepreneur and the lessons he learned starting and selling his business.


On November 5, 2009

Million-Dollar Army Contracts are a Lifeline for EV and Battery Companies

EV companies are scoring military contracts, both for "silent mode" vehicles that emit no heat signature and to serve as auxiliary power on remote bases. Bright Automotive and EnerDel have both scored million-dollar testing awards. One has also received Department of Energy funding; the other has not.


On November 5, 2009

Fossil Fuel Resource Leader? U.S. is No. 1 in World, Thanks to Coal

The U.S. has the most fossil fuel resources in the world. More than Saudi Arabia. More than Canada, Iran and even Russia, which is nibbling at U.S. heels. The United States' fossil fuel reserves -- that's oil, natural gas and coal -- come in at 969.7 billion barrels of oil equivalent (BOE), according to a recent  Congressional Research Service report. Russia has 954.9 billion BOE; followed by China with 465.6 billion BOE; and Saudi Arabia and Iran, both with 311.6 billion BOE, according to the report. The reason we're No. 1 is because of coal, which makes up the vast majority of our fossil fuel resources at 906 billion BOE. That's a lot of coal. And as R-Squared Energy blogger Robert Rapier noted in his post, the figures point...


On November 5, 2009

Your Company Can Avoid Layoffs

Even in the worst recession in recent times, some companies are practicing no-layoff policies. How do they do it? Are you ready to exchange your current job to sweep the grounds?