(Inc) — FEED Projects’s goal is to market and sell as many bags as possible and to feed and educate the world’s 400 million hungry children. Buy a bag online and you’ll know the exact impact of your purchase. For instance, if you purchase a $60 “Feed1” bag, the company lets you know that you’ll […]
(Inc.) — Fred Mwangaguhunga started his career capturing stories on film as a wedding videographer, a far cry from the gossip mogul he is today. But maybe that first college job augured where he’d end up: in the media hot seat, where photos and video footage of intimate moments are the coin of the realm. […]
(NYTimes.com) — Sony narrowed its losses in the last business year and forecast a profit for the current year as the consumer electronics and entertainment company looks to finally turn around its TV and video game operations. Sony said on Thursday that its net loss for the business year ending March 31 came to 40.8 […]
(Entrepreneur.com) — It’s too risky. I don’t have the capital. People might not buy my product. I don’t know the first thing about running a business. Yes, excuses proliferate. And with the economy the way it’s been for the last year, forget about it. That’s why it’s nice to have help, and there’s probably no […]
(CNN) — These Fortune 500 firms managed to rack up double-digit sales and profits growth last year. How’d they do it? Read More…
(Bloomberg) — Apple Inc. Chief Executive Officer Steve Jobs, after saying profit almost doubled last quarter, tantalized investors with the promise of “extraordinary” new products that analysts say may include an overhauled Apple TV. Sales this quarter will be as high as $13.4 billion, Apple said yesterday, topping the $13 billion anticipated by analysts. The […]
(NYTimes) — The results, which beat analyst expectations and were the highest since the housing crisis began, was a result of the resurgence in the bond market and improvements in the economy, particularly overseas. Both play to Citigroup’s strengths as a major player in fixed income and emerging markets, and come as some of its rivals […]
Bank of America more than tripled earnings expectations Friday.
(CNNMoney.com) — JPMorgan Chase reported a $3.3 billion profit for the first quarter Wednesday, even as its results were tempered by ongoing losses in consumer loan portfolios. Read More…
(HuffingtonPost.com) — One of the biggest questions confronting Twitter has been: how will the site make money? Finally, it seems Twitter has answers. The site plans to unveil details of an advertising plan that will help Twitter monetize its quickly-growing user base. The New York Times describes Twitter’s plan for allowing advertising on its site for the first […]
(BBC) The US government is preparing to sell its 27% stake in Citigroup, in what would be one of the largest share sales in history. Some 7.7 billion shares in the bailed-out bank will be sold in tranches throughout 2010, the US Treasury said. Read More…
Ford had bought it for $6.45 billion in 1999, then struggled to profit.