kanise lo

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Honest Tea Founders Tell Their Story Of Not-Too-Sweet Success

If you want to know what prompted Seth Goldman and Barry Nalebuff to cofound Honest Tea, here's the simple answer they give on their website: They were thirsty. Goldman had taken Nalebuff's class at the Yale School of Management, and they were both tired of the super sweet iced teas available in …

The Donut Economy’s Fat Profit

Americans are shunning soda and claim they want healthier fast-food options. But they’re still buying plenty of doughnuts and coffee.<p>Here’s a …

Why the Chinese government spent $33 billion on cotton that nobody wants

Texhong Textile Group, one of China’s biggest textile makers, has been shifting production to Vietnam, and the market loves it, reports Bloomberg—the stock is up 445% from a year ago.<p>And that’s not because of the much-bemoaned rise of Chinese labor costs. It’s because the Chinese government is …

China

BlackBerry joins Boeing to offer self-destructing spy phone

Boeing Co. is teaming up with BlackBerry Ltd. on a secretive, self-destructing smartphone developed for use by U.S. defence and homeland security employees and contractors.<p>The partnership showcases a push by Boeing, the second-largest U.S. defence contractor, into software development as sales slow …