Saving California With Pot?
The News: CNN Video reports that California is considering legalizing marijuana. Full report.
Why It Matters: Holy smokes (pun intended), this could open a whole new industry.
Small Business Loans Failure Rate Hits 12%
The News: CNN Money reports the Small Business Administration's loan guarantee program shows a sharp jump in the default rate. Full report.
Why It Matters: The stimulus package that allows the SBA to further back bank loans will not fix the failure rate, it simply moves the problem from the banks to the government.
Rupert Murdoch Clinging On To The Proverbially Typewriter
The News: The New York Times reports on Rupert Murdoch's penchant for print newspapers, and how he is sinking his own company. Full report.
Why It Matters: If it worked yesterday, it probably won't work today. Today's business environment is changing at hyper-warp speed.
E-Mail Causing Mass Pollution
The News: Popular Science reports that e-mail and all the technology behind is greatly adding to pollution. Full report.
Why It Matters: Think about it - every email needs electricity to move about and be viewed. Something is being burned to make that happen.
