Wednesday, September 22, 2010

Blockbuster expected to file for bankruptcy

Blockbuster, a movie store that has been around for a long time is now about to be bankrupted. This is because of the outlets in favor services such as Netflix. They are about $900 million of debt, according to filings with the U.S. Securities and Exchange Commission.The company is working with debt holders on a plan to solve their problems.

Personally i think that this was bound to happen sometime and soon our food is going to be sent by mail as well. Face it would you rather drive to Blockbuster or watch movies from your laptop or sent to you? Yes we are lazy people but i think that we need to support these companies because without them it would cause a monopoly.

http://www.msnbc.msn.com/id/39311334/ns/business-retail/

Friday, September 10, 2010

Explosion


Late Thursday a massive explosion from a gas company happened near San Francisco, killing 6 people and destroying more than 50 houses. About 300 customers of the company were without gas service and about 700 without electricity. Fire officials said at the Friday morning press conference that the exact cause of the blast is still under investigation.



This was a accident that was costly to six lives. All because of one company, many people lost there houses and many lost electricity. Mistakes happen but because of the technology now days we should have less of them. For example the oil spill off the coast of gulf of Mexico that company knew it wasnt running right but it passed the regulations and disaster happen anyways. I think we should have higher expections for companies.