After working in the non-profit sector for over 35 years, Ed Sayres launched his own firm, Sayres Consulting, in Millbrook, New York. Sayres’ firm offers advice to non-profit directors and senior management on crucial activities such as fundraising, board development, strategy, financial and crisis management. From 2003 until 2013 Sayres was the president and CEO… Continue Reading
American Express recently announced its plans to sell 50% of its Global Business Travel division for $900 million. Though American Express will hold on to a 50% stake, the venture will split from the rest of the company and be managed by an investor group led by Certares LP. Other group members include Qatar Holdings,… Continue Reading
GoldieBlox, a small business that makes toys for young girls, is thrilled to have won the grand prize in a small business competition by Intuit. Now, the business is preparing to launch a 30-second Super Bowl commercial during the game’s third quarter. GoldieBlox toy sets include a book, blocks, wheels, cranks and additional parts for… Continue Reading
Intel, a long-time veteran in the personal computer industry, recently surprised analysts by missing their projections. The company’s apparent struggle is yet another sign that the traditional PC is being overshadowed by newer mobile devices such as tablets. Greg Bryant of Reuters.com recently discussed Intel’s approach for 2014: Continue Reading
Bitcoin is likely to experience a burst now that online retailer Overstock.com accepts the payment method. In fact, many speculate that Amazon may soon follow suit. According to Overstock.com CEO Patrick Byrne, the company saw Bitcoin orders worth $130K on the first day alone. Byrne discussed the new development in an interview with CNN International:… Continue Reading
General Mills recently announced that its regular flavored Cheerios are soon to be free of genetically-modified ingredients. The decision comes after a particularly difficult year for the brand, during which Cheerio sales dropped nearly 7 percent. According to General Mills, the elimination of GMOs from their cereal would be “beneficial to the consumer.” They said:… Continue Reading
AT&T is selling its Connecticut operations to Frontier Communications as part of its plans to shift focus to its new 4G LTE network. The $2 billion dollar deal will include AT&T’s 415,000 data, 900,000 voice and 180,000 video residential connections, as well as its local business connections and carrier wholesale relationships in the region. According… Continue Reading
Dropbox, an internet-based file hosting service, has become one of the most promising ventures in Silicon Valley over the last six years. This week, the startup invited journalists to its China Basin offices for a progress update. According to the company, Dropbox has more than 200 million users with more than 1 billion files saved… Continue Reading
Later today, Apple will unveil its newest iPhone. Investors have high hopes for the new device, and many are building bullish share and options positions. The unveiling will take place at a media event in Cupertino, California. Apple’s newest models include he iPhone 5S, and the cheaper version, the iPhone 5C. Experts also expect the… Continue Reading
Blackberry, previously known as RIM, is weighing its options as it continues to lose popularity throughout the hi-tech world. Though its keyboards are favored by many, the majority of Blackberry’s consumers have abandoned it for the iPhone and its look-alikes, including the Samsung Galaxy and Google’s Nexus. The Canadian smartphone company is considering selling, and… Continue Reading