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Sharon's Feed
Apr 13, 2011
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GroupPrice targets small business with daily deals

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Price and value is what led Chris Gafoor to purchase a press release distribution plan from GroupPrice.

“It gives you more bang for your buck,” said the president and CEO of Miami-based BluStar Media Inc, who paid $39 for a GroupPrice deal that he estimated would have cost $200 elsewhere. The deal guaranteed Gafoor’s company a minimum of 5,000 views of its press release in 30 days.

Mar 14, 2011
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Nuclear power: Go ahead or stop now?

After an 8.9 magnitude earthquake and tsunami hit Japan on Friday, engineers are pumping seawater into damaged nuclear reactors to prevent a catastrophic full-scale meltdown, but major damage has already occurred and the plants likely won’t operate again, experts said.

The political impact of the crisis is also hitting home in the United States. The U.S. currently has 104 nuclear reactors operating, and analysts expect four to eight new reactors to be built.

Feb 24, 2011
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Entrepreneur creates green bed bug spray

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Fred Feldman likes to show how safe his bed bug treatment, Bed Bug Magic, is by spraying it on his hand and then licking it off.

“Most people go ‘eww,’ but I do it 90 percent of the time,” said Feldman, who sells the bug treatment as part of a line of environmentally-friendly cleaning products offered by his company Green Blaster. “(It shows that) it’s non-toxic, you can drink it and not have to have your stomach pumped.”

Feb 18, 2011
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Entrepreneur says youth must create their own jobs

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When Brown University student Walker Williams had difficulty finding part-time job listings, his response was to launch his own job-search website, Jobzle.com. But a crucial factor in transforming the website from a hobby to a business was the funding it got through startup accelerator Betaspring.

“It gave us the money, the offices, resource space and mentorship to focus on the product 100 percent,” the 22-year-old Williams said.

Feb 14, 2011
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Startup develops astrological algorithm to predict romance

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If astrology can be used to predict such things as stock market crashes, surely it can help people make love connections. That was the thinking behind New York-based startup Moonit.com

After careers in financial services, Dana Kanze and Mason Sexton Junior decided to create Moonit.com as a way of using astrology to help people like them and their friends with their relationships. Sexton Junior’s interest in astrology came naturally as a result of his father, Mason Sexton Senior, an astrologer and investment manager. Sexton Senior, also a co-founder of Moonit.com, used astrology to predict market events (such as the stock market crash of 1987) and market timing.

Dec 22, 2010
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Businesses trim costs to combat lagging sales

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Tina Bean’s wish for 2011 is that people will open their wallets more.

“People don’t want to spend money,” said Bean, the owner of Port Arthur, Texas-based pet food dealer, Five Star Feed Store. “They are buying necessities and that’s it.”

Annual sales at Five Star Feed Store have declined approximately $100,000 since the recession, said Bean. She has been forced to lay off three workers and has given pay cuts to the remaining five. The cutbacks have also had a personal effect. “For a long time, I didn’t draw a paycheck,” she said.

Nov 4, 2010
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Bringing order to the chaos of student life

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As a freshman at the University of Pennsylvania, Jay Rodrigues had a tough time balancing his academic studies, work in student government and his fraternity commitments.

“There was no way of communication,” said Rodrigues about organizing his life on campus, adding he would also miss a lot of live music events, because he would hear about them after the fact. “It was so disorganized.”

Oct 22, 2010
via Reuters Money

Retired and broke: Why retirees are declaring bankruptcy

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For more and more seniors, retirement doesn’t mean a debt-free life of leisure. An increasing number of Americans aged 65 and older are declaring bankruptcy, according to a recent study by John Pottow, professor of law at the University of Michigan Law School.

Those aged 65 and older represented seven percent of bankruptcy filers in 2007, a mind-boggling jump from 1991. They are the “fastest-growing age demographic,” according to Pottow’s study.

Jul 19, 2010
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Why Junior shouldn’t take over your business

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Entrepreneur and author John Warrilow believes business owners are engaging in a “twisted form of child abuse” when they pass their companies onto their children.

In his new book, “Built to Sell: Turn Your Business Into One You Can Sell”, Warrilow offers his advice to creating a sellable company and argues that 99 percent of businesses can’t sell because the companies can’t be run without their current owners.

Jun 8, 2010
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Startup pays consumers for old iPhones

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Rather than throwing out their old iPhone or recycling it, people wanting to upgrade to Apple’s latest iPhone 4 have another option in Gazelle.

“It’s almost early Christmas at Gazelle with the introduction of a new generation of iPhone,” said Israel Ganot, CEO and founder of the Brookline, Massachusetts-based company.

    • About Sharon

      "I have been an Online News Editor for the Reuters American, British and Canadian websites since 2007. I graduated from Ryerson University in 2005 with a Bachelor’s of Journalism degree. My previous work experience includes working as a reporter at The London Free Press and The Toronto Sun."
      Joined Reuters:
      2007
      Languages:
      Cantonese, French
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