Business Timeline

Snowball Fight: Maker Wins $102,000 Judgment

snowball fight results in $102000 judgment

In the long-running snowball fight between rival makers of snowball equipment, SnoWizard scored a huge win on Thursday when its competitor, Southern Snow, was ordered to pay $102,000 in federal court because it infringed a SnoWizard patent. Mark Waller, who covered the trial for the New Orleans Times-Picayune, noted that Thursday’s judgment came as a… Read more »

Gold Prices Falling: Are Investors Dumping Gold?

gold prices have fallen two days in a row

Are gold prices falling? A report by Jan Harvey for Reuters suggested that the high price of gold may finally be on its way down. Investors appear to be fleeing from New York’s SPDR Gold Trust, which Harvey described as “the world’s largest gold-backed exchange-traded fund.” According to the Associated Press for the Christian Science… Read more »

Toys Get Sex Change: LEGO Scores Big By Catering To Girls

Toys Get Sex Change: Lego Scores Big By Catering To Girls

Toys got a sex change, and, as a result, LEGO gets a lot richer. The toy company put out a new series of building blocks designed for girls, and the success of the product helped the company’s sales increase 25 percent. The privately owned company said on Thursday that its annual revenue reached $4.2 billion,… Read more »

Comcast Merger: Cable Provider Buys Rest Of NBC

Comcast Buys Rest Of NBC

Comcast’s merger with NBC is now complete. Comcast announced Wednesday that it was buying the remaining shares of NBCUniversal from General Electric, making Comcast the largest cable company in the United States. Comcast paid $16.7 billion to buy the remainder of General Electric’s stake in NBCUniversal. The company also purchased NBCUniversal’s properties at 30 Rockefeller… Read more »