Two BlackBerry Executives Got So Drunk, They Grounded a Jet to China

Seth Abramovitch · 12/01/11 10:03PM

To say it had not been a great fourth-quarter for Research in Motion, the Canada-based makers of BlackBerry, would be putting it mildly. There was that embarrassing North American outage, flatlining sales of their new smartphones amid steady growth for competitors, and a stock that has depreciated 77 percent since February of this year. What these guys could really use right about now is some positive publicity. Hahahahahahaha! Sorry.

How to Be a High-Powered Literary Agent, by a Crazy Person

Hamilton Nolan · 11/28/11 03:31PM

Earlier today, our office receptionist got a call from a secretive man demanding my phone number, though he wouldn't say why. (She thought he sounded angry, though perhaps he was just excited.) He settled for my email address, and sent the following message:

Eric Cantor Will Address Income Inequality From Billionaire Shrine

Jim Newell · 10/20/11 01:50PM

House Majority Leader Eric Cantor, who only 13 days ago declared that he was "increasingly concerned about the growing mobs occupying Wall Street and the other cities across the country," appears to have transformed into a radical communist. He's now acknowledging that America's vast income inequality is potentially problematic. He'll flesh out his ideas in a speech tomorrow at that most suffering of institutions, the Wharton School of Business, where most of the people responsible for our income inequality crisis have picked up a degree or two.

The Quiznos Death Watch Begins

Hamilton Nolan · 07/21/11 09:18AM

America is little more than prairie riddled with chain stores and fast food restaurants, so when a big national store it's bankrupt, it's a bit like losing a vapid but beloved family member. We just lost Borders. Is Quiznos next?

New Elevators Segregate Rich from Poor

Maureen O'Connor · 05/19/11 02:47PM

You know those fancy elevators where you type your destination on a keypad, and then it groups riders into specific cars for maximum efficiency? They are increasingly used to segregate the unwashed masses from their corporate bosses, The Wall Street Journal reports.

CEOs Back to Making a Butt-Load of Money

Max Read · 04/10/11 02:19PM

If you're disappointed by your own unemployment or depressed salary in the post-recession era, at least be heartened that some of your fellow Americans are doing well: According to the Times, CEOs at 200 major corporations made a median $9.6 million last year, with Viacom CEO Philippe Dauman pulling in $84.5 million for the top spot. Yes, corporate profits are way up, and along with them executive compensation; and while the Times notes that "so far, this recovery has not trickled down," we're sure it's only a matter of time! And, until then, absolutely no need to tax the super rich at higher rates. [NYT; image via Shutterstock]

The Groupon Backlash Is On

Hamilton Nolan · 03/24/11 12:00PM

Among businesses, the initial reaction to the concept of Groupon was: "Give our shit away for half price? Well, it's good advertising." But now, that reaction is changing to: "Give our shit away for half price? Ehhh."

Nevada's 'Burning Man' Towns Face Burn Out

Jeff Neumann · 12/05/10 10:43AM

The small Nevada towns near the 'Burning Man' festival site are effectively jobless and broke after USG Corp., which owns a gypsum mine and produces wallboard, announced the closure of its local operations. What will happen to the drug festival?