CEO Leo Apotheker was recently fired from Hewlett-Packard. His business strategies brought down HP's stock by forty percent in the past eleven months. Leo received over 13 million dollar golden parachute for his time as CEO. I find it unethical that Leo deserves 13 million dollars worth of benefits since the company is doing so poorly. HP even helped him relocate himself in Europe. His tablets that were suppose to give the company profits and compete against the Ipad, ended up as a lose. HP hired Meg Whiteman, who was form CEO of eBay, to take command. Hopefully, HP will recover from the hard lose and continue competing as a leading manufacturer of computers and software.
Friday, September 30, 2011
Friday, September 23, 2011
Solyndra
Last week, Solyndra a solar power manufacturing company was declared bankrupt. Solyndra is located in Fremont, California and manufactures solar panels that use little amounts of refined silicon. This was a cause for Solyndra's downfall because refined silicon was very expensive and Solyndra innovated a new solar panel that requires little amount of silicion. The downside was this new solar panel was very expensive and unfortunately refined silicon is a lot cheaper than before and other manufacturing companies that continue to use refined silicon can offer similar solar panels at much cheaper prices. Solyndra also relied on giving customers cheap installation rates because their new solar panels were suppose to offer easy installation compared to other competitors. Yet again, the other manufacturing companies where able to almost equal Solyndra's ""affordable installation rates". This company in particular was suppose to be an ever lasting company that would help the United States continue to move forward in technology.
Friday, September 16, 2011
Friday, September 9, 2011
Intro to FIFA
http://www.fifa.com/
The link above is FIFA's website on the latest news in soccer. FIFA stands for International Federation of Association Football and it is located in Zurich, Switzerland. They are in charge of the World Cup and all the leagues that are set up in different Continents. I watch and play soccer still to this day and I find it to be a stress reliever. Its a great sport that can be practiced with a team, or by yourself. Like any sport is requires strategy and creativity. I will be covering recent news coming from FIFA every week.
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