Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Thursday, February 24, 2011

Pentagon Awards $35 Billion Aerial Refueling Tanker Contract to Boeing

Beating out the European Aeronautic Defence and Space Co, Boeing was awarded the $35 billion Pentagon aerial refueling tanker contract. The planes will be built in Kansas and in Washington State.
Boeing awarded 35 billion pentagon contract
Boeing president Kim McNerney said that they were ready "to apply our 60 years of tanker experience to develop and build an airplane that will serve the nation for decades to come".

Wednesday, February 16, 2011

Borders Filing For Bankruptcy Protection as Soon as Next Week?

Borders

Borders is the second- largest U.S. bookstore chain, and, as soon as next week, may file for bankruptcy protection, closing approximately 150 stores.

(via Bloomberg, image)

Wednesday, February 9, 2011

"Candyman: The David Klein Story", Jelly Belly Inventor's Documentary

Candyman david klein jelly belly

David Klein was the remarkable inventor of the much-loved Jelly Belly jellybean. It started in 1976 when he owned a little Covina candy factory. After 4 years, he was known as Mr. Jelly Belly, but that's when he reluctantly accepted a buyout from his manufacturer. His signature and name have since been removed from the website.

Documentary film "Candyman: The David Klein Story", produced by Klein's son, chronicles his involvement in the legendary candy that is now sold all over the world.

Part of Klein's charm and success resulted from frequently giving things away, such as on his birthday, he would give free ice cream to all the neighbourhood children.

Herman Goelitz Candy Co., the Jelly Belly manufacturer, presented Klein with a hostile buyout offer with no attorneys present. Klein and his company partner signed the deal to receive $20,000 payments per month for 20 years (more than $4 million)

The Jelly Belly Co., now known as Goelitz (since 2001) understandably has a different take on what happened.

Jelly Belly spokeswoman Tomi Holt said, "It's a great American success story... He's a very creative person, and came up with a wonderful name that stood the test of time." Holt said the Jelly Belly's California plant acknowledge and celebrates him. As well, he is mentioned in public tours and his name is mentioned in the gift shop's jelly bean book.

Can You Imagine That!, Klein's new company, creates sand art candy (via his daughter Roxi) and novelty candy such as the heart in the attached picture, that bleeds red syrup.

Watch out though Goelitz. Klein is working on a new jelly bean, now that the 20-year non-competition contract has expired.  "I'm going to give them a fight for their money,"  said Klein, "Let the consumers decide which is a better product."

The documentary itself changed Klein's opinions though and gave him new hope, "I'm not bitter anymore, but I was."

(via PasadenaStarNews)

Tuesday, February 8, 2011

Personal Photo Publishing Leader, Mixbook Acquires Scrapblog, Online Digital Scrapbooking

Andrew Lafoon, CEO of Mixbook had this to say:

“This acquisition solidifies Mixbook as the definitive source for online digital scrapbooking and personalized photo publishing...Digital scrapbooking has surged in popularity over the past few years, with the scrapbook industry reaching billions of dollars in annual sales. Scrapblog’s users will now have access to an improved user experience via Mixbook’s thousands of free designs, state-of-the-art software and industry-leading customer service.”

The founder of Scrapblog, Carlos Garcia was quoted as saying:

“Scrapblog’s award-winning online scrapbooking service is a great match for Mixbook’s growing platform... I am excited that our users will be in trusted hands given Mixbook’s track-record of excellent service.”

(via ETrendsMag)

Mark Zuckerberg & Priscilla Chan's Facebook Stalker, Oh the Irony!

Mark zuckerberg priscilla chan

If there ever was the perfect tool for a stalker, it would be Facebook. It isn't very hard to access all sorts of personal details about someone, especially if they leave their profile open to the public.

However, it is with irony that Facebook founder, Mark Zuckerberg and his girlfriend Priscilla Chan, have a Facebook staler.

Zuckerberg alleges that Pradeep Manukonda has left threatening messages against him, his girlfriend Priscilla, and his sister Randi.

Facebook logo 300x112

Manukonda has asked for money but, a judge has "ordered him to stay at least 300 yards from the Zuckerbergs and Chan".

While it isn't funny to really be stalked and threatened, the situation is mildly entertaining in an ironic sort of way.

(Via FameCrawler)

Imprisoned Jeffrey Skilling (Enron) Loses 20 year-old Son In Overdose

20-year old, John Taylor Skilling, son of infamous Enron exec Jeffrey Skilling who has served four years of a 24-year sentence, has died due to an 'accidental overdose'.

(via Forbes)