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With $60B in cash, Microsoft is set to blow up its business | Microsoft – CNET News

Don’t be fooled. Microsoft’s entrance into the tablet market shows nothing less than a willingness to overhaul its business model. With the recent announcement of Microsoft’s new Surface tablet, the decades-old network of partners that Microsoft and Intel built just got a formidable new asset-rich competitor: Microsoft. Like all successful …

A History of Bank Runs — New York Magazine

Massive account withdrawals are in the news thanks to Europe. But while the proximate causes of the situation are unique to our time, the tradition of freaking out and demanding one’s money is thousands of years old. Fourth Century B.C.: The Platonic Ideal of Financial Chicanery Sicily The first credit …

Watercooler Stories – May 29, 2012 – UPI.com

Ugg creates line of wedding boots FLAGSTAFF, Ariz., May 29 (UPI) — Ugg, a footwear company based in Arizona, has released an “I Do” collection of its signature boots designed to be worn by bridal parties. The boots, which are available online, start at $190 for glitter fabric ankle Uggs …