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Most of the smaller brands or regional makers have been swallowed into massive global companies now or, in effect, been put out of business by them. The big negatives here are that in the appliance industry at least, there are actually very few producers but, hundreds of brand names. This stifles competition and innovation is liable to stagnate. New entrants to the market cannot compete as they cannot get the scale of volume to compete. Regional brands are no more, theyre dead, its all pretty much global businesses now. The top five appliance producers in many markets will likely control 80 90% of the market, if not more. In some, two companies control 80%. For more on how actual appliance producers and known brands work on this front please see the sister article to this one all about manufacturer rebranded products for more on how you can save over 1000 in some cases. Comet died off spectacularly some time ago and Appliances Online AO, that used to be DRL appear to have taken their place. But the rise of Argos and others probably didnt exactly help Comet as they moved into selling large appliances as well as all the other stuff Comet sold. Comet had their own brands, Proline, Scandinova and a clutch of others as well as some exclusive to them brands, the point being, this is nothing new theyre all been at this for years.
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If you want to know why Wall Street has been enjoying record profits, heres your answer: Corruption is a business model that brings in $66 for every dollar you invest. Even more startling was the way that a notorious incident involving former New Mexico governor and presidential candidate Bill Richardson resurfaced during the trial. Barack Obama, you may recall, had nominated Richardson to be commerce secretary only to have the move blow up in his face when tales of Richardson accepting bribes began to make the rounds. Federal prosecutors never brought a case against Richardson: In 2009, an inside source told the AP that the investigation had been killed in Washington. Obama himself, after Richardson bowed out, praised the former governor as an outstanding public servant. Now, in the Carollo trial, defense counsel got Doug Goldberg, the CDR broker, to admit that his boss, Stewart Wolmark, had handed him an envelope containing a check for $25,000. The check was payable to none other than Moving America Forward Bill Richardsons political action committee. Goldberg then went to a Richardson fundraiser and handed the politician the envelope. Richardson, pleased, told Goldberg, Tell the big guy Im going to hire you guys. Goldberg admitted on the stand that he understood the big guy to mean Wolmark. After that came this amazing testimony:Q: Soon after that, New Mexico hired CDR as its swap and GIC adviser on a $400 million deal, right?A: Yes.
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"14. Uber also has its own print and online magazine specifically for its drivers. The inaugural issue of Momentum Magazine was released in March. 15. Over 50,000 companies enrolled in Uber for Business in its first year of operation. The top four cities for Uber business travel are London, Mexico City, Paris, and Toronto.
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