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'Big' business
With the thoroughbred's return to the Haskell fast approaching, the business of Big Brown is running bullish. The Monmouth, New Jersey race will be a good gauge of the staying power of a horse that has become the most marketable commodity on the racing circuit the past quarter of a century. With a tour on the Breeders Cup just months away, the final legacy of Big Brown may extend well beyond wins and losses.
It all began very typically in May with Big Brown's spectacular showing at the Kentucky Derby, causing all the usual interest and intrigue from the media. It really wasn't anything spectacular, in fact, it was fairly routine. National television numbers stayed in a similar range as to those the years before, even dipping a little. NBC's coverage of the Kentucky Derby earned a 9.5 overnight rating and 21 share, down 3% from last year's 9.8 rating and 21 share. more
Business Pulse: Hybrids get a high-five
Buying a hybrid car is a "definite possibility" for the vast majority of Memphis Business Journal readers who took part in this week's online Business Pulse poll.
Asked if they would ever buy a hybrid, 75 percent, or 169 of the 225 readers who participated in this week's poll, said yes.
Only 11 percent of those responding, or 24 readers, said they never would.
An equal number of readers -- 16, or 7 percent -- said they would buy a hybrid only if it were a luxury brand or said they already owned one.
The relevance of buying hybrids, which use a combination of gasoline and electricity, has increased with the continuation of high gas prices and the recent news that Toyota Motor Corp. has decided to build its Prius hybrid and not the Highlander SUV at its new plant near Tupelo. more
Starwood Hotels business slows
"Business slowed down abruptly in May," Chief Executive Officer Frits van Paasschen said.
America's consumer-led economic slump has hurt demand for Starwood's resorts in the Unites States, Mexico and Italy, and is now hurting U.S. corporate travel, he said.
. moreAustrian Airlines Falls as UBS Doubts Business Model (Update1)
The UBS analysts said they like airlines with strong balance sheets, sustainable business models or high margins, and Austrian has none of those attributes.
The carrier is conducting a strategic review that includes evaluating possible partnerships, the UBS analysts said in a research report. A preferred suitor would be Cologne, Germany- based Deutsche Lufthansa AG, Europe's second-biggest airline, though the company would have little to gain with a purchase, according to the UBS analysts.
Austrian Airlines' share price will decline 2.40 euros over the next 12 months, the UBS analysts said. Goldman lowered its six-month stock-price target, saying the shares will fall to 3 euros compared with a previous estimate of 3.40 euros.
Goldman also cited competition in reducing its recommendation, saying SkyEurope Holding AG, based in neighboring Bratislava, Slovakia, will hurt the carrier's Vienna operations. more
Business: In brief 07/30/08
First Community Bank, based in Batesville, Ark., received final regulatory approval last week from the Arkansas State Banking Department and the Federal Deposit Insurance Corp. to expand its banking network to Goodman, Neosho and Jane, Mo.
Those three new locations came from First Community Bank's merger with Goodman State Bank. Caterpillar donates $10,000 to PSU PITTSBURG, Kan. — Caterpillar Inc. recently presented a $10,000 check to Pittsburg State University. The university will match that amount for a total of $20,000. The money will go toward scholarships for students in the Caterpillar Think Bigger program at PSU. The Think Big program is a two-year course of study that prepares students to become heavy-equipment technicians for the company. moreRecent Business Internet Monitoring News
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About Archerfish Quattro Archerfish Quattro is a complete, all-in-one interactive video monitoring and recording system for home or business. The professional ... personal web portal that’s accessible from any Internet-connected PC
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... monitoring the public safety and allowing remote web viewing. The "kiosks" were used to allow the municipality people, such as health and police forces, to access their secure corporative network. The 2.4 GHz network provided free internet ...
Read morePopular Apple Faces Increased Malware Risk - Post Chronicle
Online forums on the growing crisis in this aspect of security said cybercriminals struggled to find ways to extort money from Mac users through Internet-based scams, but ... com, one of the Web sites monitoring cybersecurity issues affecting Mac ...
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