November 15, 2010
Lee’s Sandwiches is an American fast food restaurant chain specializing in Vietnamese cuisine. While originally famous for selling French baguette bánh mì (Vietnamese sandwiches), the chain has expanded its offering to many other goods, including packaged spring rolls, desserts, and other food to go items.
The first Lee’s opened in San Jose, California in 1980. There are now over three dozen locations in California, Arizona, Texas, and Oklahoma, as well as a new restaurant in Ho Chi Minh City, Vietnam. The company has plans to expand in the Pacific states of Nevada, Oregon, and Washington.
Posted in Food, Money, World |
Leave a Comment »
November 11, 2010
In finance, an option is a contract between two parties to buy (call) or sell (put) an asset (typically a stock or bond) at a strike price by a specified expiration date after which the option is worthless and the contact is void. The price of an option derives from the value of an underlying asset plus a premium based on the time remaining until the expiration of the option. Other types of options exist, and options can in principle be created for any type of valuable asset. You would buy the stock (go long) or a call option if you anticipated the price of the underlying security was going to rise before the option reached expiration.
You would buy a put option if thought the price was going to fall, or you can short the stock, selling shares borrowed from a third party with the intention of buying identical assets back at a later date to return to the lender. Options are quoted in per share prices, but only sold in 100 share lots. For example, a call option might be quoted at $2, but you would pay $200 because options are always sold in 100-share lots. Options are identified by the month they expire, and the strike price. For example, an ‘XYZ April25 Call’ would be a call option on XYZ stock with a strike price of 25 that expires in April. All options expire on the third Friday of the month unless that Friday is a holiday, then the options expire on Thursday.
Posted in Money |
Leave a Comment »
November 11, 2010
The Eames [eemz] Lounge Chair, officially titled Eames Lounge (670) and Ottoman (671), were released in 1956 after years of development by designers Charles and Ray Eames for the Herman Miller furniture company. It was the first chair the Eames designed for a high-end market. They are made of molded plywood and leather, and examples of these furnishings are part of the permanent collection of New York’s Museum of Modern Art. They are prized for comfort, aesthetics, and for the pioneering use of new materials and manufacturing methods.
There is a decent used market for these chairs. Some collectors are willing to pay high prices for earlier chairs made with Brazilian Rosewood veneer, which is no longer available due to a worldwide embargo since 1992. Prices for original rosewood chairs have recently reached as much as $7,000 in auction. A new Eames Lounge Chair and ottoman starts at $3,200 for a Herman Miller model. In 2006, to commemorate the 50th anniversary of the chair, Herman Miller released models using a sustainable Palisander Rosewood veneer.
Posted in Art, Money, Technology |
Leave a Comment »
November 11, 2010
In finance, a derivative is a financial instrument (or, more simply, an agreement between two parties) that has a value, based on the expected future price movements of the asset to which it is linked—called the underlying— such as a share or a currency. There are many kinds of derivatives, with the most common being swaps, futures, and options.
Derivatives are a form of alternative investment, an investment product other than the traditional investments of stocks, bonds, cash or property. A derivative is not a stand-alone asset, since it has no value of its own. However, more common types of derivatives have been traded on markets before their expiration date as if they were assets. Among the oldest of these are rice futures, which have been traded on the Dojima Rice Exchange since the eighteenth century.
Posted in Language, Money |
Leave a Comment »
November 5, 2010
To get around captchas spammers hire companies employing human solvers in Bangladesh, China and India at about $0.80 to $1.20 for each 1,000 solved captchas. Another approach involves copying the captcha images and using them on another site, often one offering free pornography in exchange for filling out a captcha.
With enough traffic, the attacker can get the solutions in time to relay it back to the target site. These methods have been used by spammers to set up thousands of accounts on free email services such as Gmail and Yahoo!. Since Gmail and Yahoo! are unlikely to be blacklisted by anti-spam systems, spam sent through these compromised accounts is less likely to be blocked.
Posted in Money, Sex, Technology |
Leave a Comment »
November 4, 2010
Cindy Jackson (b. 1959) is listed in the Guinness World record book for having had more cosmetic surgery procedures than anyone else in the world. She set the record in 2000 and is still the official record holder to date.
Since 1988 she has had 52 cosmetic procedures, including several facelifts, two nose operations, two eye lifts, knee, waist, abdomen and thigh liposuction, jaw surgery, lip and cheek implants, chemical peels, chin bone reduction. Others were non-surgical, including Radiesse injections, hand rejuvenation, Voluma treatments and permanent make-up.
Posted in Health, Money, Technology |
Leave a Comment »
November 4, 2010
Balloon Dog is a sculpture by American artist, Jeff Koons. It is over ten feet tall, and constructed of high chromium stainless steel with a transparent color coating. It is part of the ‘Celebration’ series, which Koons began working on in 1993. Other forms in the series of sculptures and paintings include Valentine hearts, diamonds, and Easter eggs. Some of the pieces are still being fabricated. Each of the 20 different sculptures in the series comes in five differently colored ‘unique versions.’
read more »
Posted in Art, Money, Politics |
Leave a Comment »
November 4, 2010
The Business Plot (also the Plot Against FDR and the White House Putsch) was an alleged political conspiracy in 1933. Retired Marine Corps Major General and two time Medal of Honor winner Smedley Butler claimed that wealthy businessmen were plotting to create a fascist veterans’ organization and use it in a coup d’état to overthrow United States President Franklin D. Roosevelt.
In 1934 Butler testified to a Congressional committee on these claims. In the opinion of the committee, these allegations were credible, but no one was prosecuted. While historians have questioned whether or not a coup was actually close to execution, most agree that some sort of ‘wild scheme’ was contemplated and discussed.
Posted in Money, Politics |
Leave a Comment »
November 4, 2010
PayPal Mafia is an informal term for the community of American businesspeople and investors centered in Silicon Valley, who were early employees of e-commerce service PayPal before founding a series of other technology companies. Paypal was founded by Max Levchin and Peter Thiel in 1998 and was aquired by eBay for $1.5 billion in 2002. The PayPal Mafia are often credited with inspiring Web 2.0, and for the re-emergence of consumer-focused Internet companies after the dot com bust of 2001.
read more »
Posted in Language, Money, Technology |
Leave a Comment »
November 3, 2010
Valrhona is a French chocolate manufacturer based in the small town of Tain-l’Hermitage in Hermitage, a wine-growing district near Lyon. The company was founded in 1922 by a French pastry chef, Albéric Guironne, and is today one of the leading producers of chocolate in the world. The company also maintains the École du Grand Chocolat, a school for professional chefs with a focus on chocolate-based dishes and pastries. Valrhona focuses mainly on high-grade luxury chocolate marketed for professional as well as for private consumption. Though considered one of the foremost chocolate makers in the world, Valrhona is in roughly the same price range as Godiva and Neuhaus.
The product line includes chocolate confectionery, plain and flavored chocolate bars and bulk chocolate in bars or pellets. Valrhona produces vintage chocolate made from beans of a single year’s harvest from a specific plantation, primarily the Grand Crus which is grown in South America, the Oceania and the Caribbean. Currently three brands of vintage chocolates – Ampamakia, Gran Couva and Palmira – are in production with plantations on Madagascar, Trinidad and in Venezuela respectively.
Posted in Food, Money, World |
Leave a Comment »
November 2, 2010
Putumayo [poo-too-mah-yaw] World Music is a New York City based record label, specializing in compilations of music from various nations, regions or musical styles which may be classified as world music. Every release features the distinctive art of English artist Nicola Heindl. The label was established in 1993 and grew out of the Putumayo clothing company, founded by Dan Storper in 1975 and sold in 1997. The name of the company comes from the Putumayo river which delineates the border between Peru and Colombia.
The company claims to be committed to helping the communities in the countries where the music they profit from originates, resulting in donations to non-profit organizations including Oxfam, Mercy Corps, Make-A-Wish and Amnesty International. However, limited information about the company’s philanthropic activities is available on Putumayo’s official website, and the company does not publish its financial information.
Posted in Art, Money, World |
Leave a Comment »
November 2, 2010
Yoga piracy refers to the practice of claiming copyrights on yoga postures and techniques found in ancient treatises originating within India by persons residing in foreign countries, often of other nationalities. The ongoing debate centers around those who profit by creating legally proprietary systems of yoga in countries other than India using information generally felt by Indians to be within the public domain, if not proprietary traditional knowledge.
read more »
Posted in Money, World |
Leave a Comment »
