McDonald’s Product Placement Ruins Journalism

I have to respect any consumer products company that is innovative in its marketing. First McDonald’s knocks over Starbucks (SBUX – $14.54) with competing coffee. Now they trick the Meredith corporation into accepting innovative product placement no self respecting journalist would take. According to the New York Times, KVVU News in Las Vegas is accepting…

What Grand Slam Tennis Means for Girl Power Profits

For the first time since the women’s movement came about, an economic recovery has come and gone and the percentage of women at work has fallen, not risen, the Bureau of Labor Statistics reports. Has girl power lost its momentum? Women continue to be underrepresented in top management positions on both sides of the Atlantic.…

Why Will the World End? Because We Are Nitwits

Judith Warner wrote the most interesting thing in the New York Times last week: This is a story of selfishness and greed, of self-centeredness, envy and the ignorant folly of a person too short-sighted to realize she should count herself lucky because her college education didn’t have to be paid for with the milk of…

California Burnin’

In 1965, a group called The Mamas & the Papas came out with a song, “California Dreamin’. The lyrics describe a New York winter and a nostalgia for Los Angeles, a place described as safe and warm.

Post-Vacation Blues and the Current Market

Photo: Petrick2008, Creative Commons, Flickr Since coming back from my holiday last week I’ve made a point of walking past the New York Stock Exchange on my way to work. I sat on a bench and looked at the traders as they exited the building after the close, and every now and again I eavesdropped…

No More Executive Ban on Offshore Drilling

On Monday afternoon, President Bush lifted an executive ban on offshore drilling in the United States. (A ban, btw, that his father put into place.) The move, however, was mostly symbolic. Congress also has a ban on offshore drilling, and in order for the ban to be completely lifted, lawmakers have to get on board.…

Value Investor: The Good, The Bad and The Ugly

As a value investor, this recent market pullback has been good, bad and ugly for me. Good: I’m getting the opportunity to buy quality companies and cheap-long term prices. Recent buys include Proctor and Gamble (PG – $63.38), Pepsi (PEP – $64.55), Coca Cola (KO – $51.00), General Electric (GE – $27.10) and United Technologies…

The New York Times’ Socially Irresponsible Book Review

From Liesl Schillinger’s New York Times Book Review of Rivka Glachen’s Atmospheric Disturbances: Leo hops a plane to Argentina to find out, using Gal-Chen’s research on retrieving "thermodynamic variables from within deep convective clouds" to guide his own blundering "attempts at retrieval" of the "real" Rema. No, this is not chick lit. It’s unusual —…

ConocoPhillips (COP) Strikes Deal with Abu Dhabi

International oil companies like Total (TOT) and Royal Dutch Shell (RDS-B) may be pulling out of Iran, but there are plenty of other deals to be had in other Middle Eastern countries. Just ask ConocoPhillips (COP). In an effort to diversify further into natural gas and to expand its global holdings, ConocoPhillips recently inked an…