AUGUST 7, 2012

Full News Archive

• Headline: Knight Capital's Near Bankruptcy Averted. Impact: If Knight Capital had collapsed, the entire financial sector might have experienced a panic akin to a chicken with its head cut off, leading to a bizarre resurgence of barter systems, where people traded artisanal bread for Wi-Fi passwords.. Fact: Knight Capital's near-collapse was like a soap opera: full of drama, questionable decisions, and it’s a miracle they didn’t need a cliffhanger to keep us watching..
• Headline: Best Buy Founder Seeks Company Reacquisition. Impact: Had Schulze succeeded, we might have seen a world where Best Buy turned into a tech utopia where employees use hoverboards to fetch your electronics, because who needs a solid business model?. Fact: Richard M. Schulze started with one audio equipment store, proving that if you can sell a boombox, you can sell anything—even a multi-billion dollar company..
• Headline: For Women in Street Stops, Deeper Humiliation. Impact: This systemic issue has ripple effects on societal trust and public safety, leading to a future where women carry personal alarms that emit sounds of disdain to deter inappropriate stops.. Fact: It's fascinating how in 2011, the police could frisk 16,000 women, yet somehow still managed to misplace their humanity along the way..