Rich Bastard Disproves Karma With $200 Million Year

Private equity kingpin and walking manifestation of bad PR for the top 1% Stephen Schwarzman had a great, great year this year. This rich, selfish bastard—who compared a plan to raise taxes on private equity firms to Hitler invading Poland, and who stated that his number one New Year's wish, in the midst of the worst…
Starbucks' War on Laptop Hobos Is Paying Off
For at least several months now, convenient caffeinated masturbatorium Starbucks has been quietly waging war against the laptop hobos who fill its seats all day to "work on that screenplay" (browse Craigslist sex ads) while nursing a single drink. Now, the evidence is in: busting laptop hobo riff-raff= big buck$$$!
What College Degrees Are Really Worth
Steve Jobs may claim that the humanities are important for colleges, but Apple's not hiring philosophers to build iPhones. A new report from Georgetown University confirms much of what we already knew about the financial payoff of college majors: Hard-scientists swim in a Scrooge McDuck-size vault of gold, while…
New York Times Co. Better Enjoy its Meager Profits
The good news: the New York Times Co. made nearly $13 million in net income in the first quarter. Quite a turnaround from last year, when the company lost $74 million in the quarter! The bad news: Total revenues were down more than 3%. And while digital ad revenues were up 18% (the About.com group was up 30%, so don't…
New York Times No Longer in the Advertising Business
Great news: The New York Times Co. lost more than $35 million in the third quarter! They've decided that "selling ads" is the way of the past.
Media Companies Lick the Dirt
It's not a great time to be a media conglomerate. Time Warner and Barry Diller's IAC both put out earnings this morning that are pretty painful. Especially for Time Inc.
Hear Yahoo CEO Carol Bartz Drop the F-Bomb
There is so much to admire about Yahoo CEO Carol Bartz, who is giving the Web company a needed kick in the pants. But more than anything, it's her garbage tongue that we love. Listen.
Yahoo CEO Lays Off Workers, Not Swear Words
Carol Bartz, Yahoo's recently installed CEO, is a woman of many charms, not the least of which is her gutter mouth. She dropped the F-bomb today while announcing Yahoo's sucky earnings (and more layoffs).
Google's Top Salesman Ditches the Company at Its Peak
Google, surprisingly, had an okay quarter, with revenues up 6 percent. This optimistic figure buried the bad news: Sales chief Omid Kordestani is stepping down.
