TheCASHFLOW Weekly for August 27-September 2, 2010, is now out. In this week's edition: — THERE'S BEEN A decent amount of chatter of late that the United States shouldn't just brace itself for a double-dip recession, but maybe even a "lost decade" akin to what former economic powerhouse Japan endured in the 1980s — year after year of slow growth and overall stagnatio... Continue reading this.
Call it the prodigal son's possible homecoming: Over the past couple of weeks, speculation in Detroit and throughout the NBA has been rife that TheCASHFLOW 50 member Magic Johnson — one of the most successful African-American businessmen of all time — will soon purchase an ownership stake in the Pistons, or, at the very least, join the club in a leading front-office capacity. ... Continue reading this.
Israel is home to one of the most astoundingly successful, entrepreneurial technology economies on the planet. Despite the punishing global recession, for example, its tech exports grew by 5 percent in 2009. How has this tiny country, surrounded by enemies and constantly under siege, pulled off the trick? The surprising answer might be its compulsory military service. A new report in The Ec... Continue reading this.
If this keeps up, we expect to gaze skyward one cloudless night not too far from now and see Snoop Dogg's face, emblazoned on the surface of the moon, staring benevolently back down at us, keeping a watchful eye to protect us from terrorists, environmental degradation and the milder strains of herpes. It was just two weeks ago, after all, that we wrote about Snoop's frankly miraculo... Continue reading this.
Well, now it's getting interesting — not to mention so confusing that it's getting impossible to tell one skinny, balding CEO (Apple's Steve Jobs) from the other ectomorphic, gaunt CEO (Amazon's Jeff Bezos). Their companies even start with the same letter, for hell's sake — can we really be sure they're not both the bastard children of some hideous 1950s Twil... Continue reading this.
Everyone loves a good origin story: From Adam and Eve to Barack Obama having been born in Siberia (we read that somewhere and are pretty sure it's true) to tales of the kids who would become the Wu-Tang Clan bonding over martial-arts movies on Staten Island, it's fun to learn what notable people were doing before they became, you know, notable people. For successful businesses, orig... Continue reading this.
