The Yucaipa Companies, LLC was founded in 1986 by Ronald Burkle, a self-made billionaire who started his career as a bag boy at a local grocery store. Based in Los Angeles, the holding company focuses primarily on private equity investments. Yucaipa first turned over Jurgensen’s Markets in 1986, and has since established a record of… Continue Reading
The manufacturer of iPhones and Mac computers, Apple Inc dismayed Wall Street investors on Tuesday when shares in the exceedingly stable and world’s leading technology company fell over 5 percent of their value, the second quarterly fall in under one year. The disheartening results show that even the usually rock-solid Apple brand is becoming vulnerable… Continue Reading
Spain’s gaping economic crisis has pushed stock markets down this week triggering a fresh wave of doubt concerning the Eurozone’s progress and recovery. The Washington Post explains that Spain’s unemployment rate, currently higher than that of the U.S. during the Great Depression, has contributed to the economy’s downfall. “Spain announced that its economy shrank by… Continue Reading
The tech world is progressively becoming one of the most important sectors in today’s business world. Though there is no obvious reason, women have been relatively slow about breaking into the market. Marissa Mayer, the new CEO of Yahoo!, recently spoke up about being a (fashion-loving, six-months-pregnant) woman in the tech industry. “There’s all kinds… Continue Reading
Patagonia founder Yvon Chouinard says, “Every time we’ve made a decision to do the right thing it ended up being good business.” In 2011 Patagonia posted $500 million in sales. The Ventura, California-based outdoor apparel company has grown close to 30% for the past two years running while simultaneously setting the highest possible standards for… Continue Reading
Would you like to start a business but don’t have much money to risk at something new? Here are some inexpensive ways to become an entrepreneur which could lead to a well-established and profitable business venture. 1. Pooper Scooper: Yes, people love their pets, but they don’t always love taking care of them, especially when… Continue Reading
A recent poll of hundreds of economists has revealed that the global economy will continue to struggle throughout 2012, but will begin to see significant growth by 2013. Though many expected 2012 to be a rough year, even experts believed the United States’ resilience would keep the economy above water. Numerous successful emerging markets contributed… Continue Reading
The past few years have seen their fair share of crises, as global economies grapples with the ongoing Eurozone debt, inflation and recession. Crisis management has become an invaluable skill, especially for crises based in social media, and there is much to be learned from those with experience in the field. Here are eight crisis… Continue Reading
In the one bright spot in an otherwise gloomy economy, housing starts as well as resale of homes has been climbing at its fastest pace in almost three years. According to the Commerce Department, groundbreaking on new homes jumped 6.9 percent in June, to a seasonally adjusted rate of 760,000 new units. That is the… Continue Reading
Amidst legal battles with Apple, Inc., Samsung Electronics has announced that it will be buying CSR, the UK-based chipmaker, in a $310 million cash transaction. The two leading companies have long been fighting over intellectual property rights and patent infringements for years. Now, with CSR as its newest weapon, Samsung may have gained the upper… Continue Reading