One of the fastest growing companies in America now is a high-tech firm called iRobot Corporation. Founded in 1990 by Massachusetts Institute of Technology-educated robotocists, iRobot generated over $465 million in earnings in 2011. Colin Angle is a co-founder, Chairman of the Board and CEO. His vision for the company is to bring practical robots… Continue Reading
At 82 years old, Warren Buffett is considered one of the most successful investors of all time. The American businessman, investor and philanthropist is the head shareholder, CEO and chairman of Berkshire Hathaway, and has been ranked among the world’s wealthiest people for decades. Often referred to as the “Wizard of Omaha ,” “Oracle of… Continue Reading
Helen Glutch, owner of one of the branches of the successful women’s fitness chain “Curves” in Citrus Heights, California explained that she is passionate about helping women be the best they can be. “We offer not only strength training and cardio workouts, but a fabulous weight loss program called Curves Complete. It’s about losing fat… Continue Reading
With only a few months to go before Mark Zuckerberg takes Facebook into the world of publicly owned companies, the world’s largest social networking on-line tool has purchased Instagram for $1 billion. Promising that this type of purchase was not going to happen too often, Zuckerberg said that the acquisition of Instagram was “an important… Continue Reading
As any good entrepreneur knows, advertising is key to a successful business. It’s not a surprise, then, that General Motors has hired a new advertising agency for Chevrolet, its largest, most successful automobile brand by sales. The project will be handed over to Commonwealth Advertising, the partnership between Goodby, Silverstein & Partners of Omnicom Group… Continue Reading
Bolthouse Farms, producer of vegetable juices, is owned by a Chicago-based buyout firm, Madison Dearborn Partners, LLC. According to three individuals privy to knowledge on the issue, it appears that Madison Dearborn is at the moment considering either a sale of Bolthouse, or going public with an initial public offering. Madison Dearborn has owned Bolthouse… Continue Reading
Moody’s Investors Service recently revealed that Apple Inc., the most valuable business on the planet, collected $1.24 trillion in cash in 2011. This figure sets Apple ahead of most U.S. companies as concerns of a recession and credit crisis slowly begin to disperse. Moody’s analysts added that though revenue and cash flow have been increasing… Continue Reading
Listen to Tracy Byrnes of Fox News interview Anani Lawson, expert sommelier of Per Se restaurant, discuss the new trend towards half-bottles of high-quality wines. Watch the latest video at video.foxbusiness.com Continue Reading
Corbis, privately held by Bill Gates, is hoping to broaden its reach in the entertainment industry by launching an online music service featuring songs from the top four publishers. Corbis has provided images and videos for advertisers across the globe. The new service, called Greenlight Music, has over a million songs from Warner Music, EMI… Continue Reading
In the decade since 2001 Infosys Technologies was ranked in either first or second place seven out of ten times as being among the top employers in India. What makes Infosys Technologies so special? According to the survey conducted by Business Today, the most important factors for workers are a company’s compensation and benefits packages;… Continue Reading