Companies Spend on Equipment, Not Workers -- "I want to have as few people touching our products as possible," said Dan Mishek, managing director of Vista Technologies in Vadnais Heights, Minn. "Everything should be as automated as it can be. We just can't afford to compete with countries like China on labor costs, especially when workers are getting even more expensive."
Dumbest. Supply. Disruption. Ever. Blame Urban Outfitters.
When Fashion Meets Fishing, the Feathers Fly -- The most enthusiastic customers at the Eldredge Brothers Fly Shop of late are not looking to buy fly fishing reels or snag stripers. They are here to make a fashion statement. In an improbable collision of cutting-edge chic and a hobby that requires drab waders, fly fishing shops around the country are suddenly inundated with stylish women looking to get in on the latest trend: long, colorful feathers that are bonded or clipped into hair.
Small businesses awarded nearly $100B in contracts in 2010 -- The Small Business Administration released its annual scorecards Friday that measure how well federal agencies do in reaching their designated goals for awarding contracts to small businesses. In all, 22.7 percent of the $432 billion in eligible contracts awarded during fiscal 2010 went to small businesses -- just shy of government's 23 percent goal.
Well here's a new strategy.
Apple Could Double Market With Free iPhone 3GS, RBC Says -- "As its entry-level iPhone strategy, Apple is expected to cut iPhone 3GS to $0 (on contract, $399 unsubsidized) in conjunction with iPhone 5 launch," expected in September, he writes in a research note. "This approach is intended to target mid-market smartphone buyers and counter Android's mid-market expansion."
Relatively awesome yet creepy thing of the day.
Dial-up modem noises slowed down by 700%.
- Sheena Moore