Tuesday, September 27, 2016
Top Entrepreneur News

Mon, 26 Sep 2016 23:00:00 -0500

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Mon, 26 Sep 2016 22:30:00 -0500

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Mon, 26 Sep 2016 22:00:00 -0500

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Mon, 26 Sep 2016 21:30:00 -0500

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Mon, 26 Sep 2016 21:00:00 -0500

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Mon, 26 Sep 2016 20:30:00 -0500

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Mon, 26 Sep 2016 20:06:10 -0500

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Mon, 26 Sep 2016 20:00:00 -0500

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Mon, 26 Sep 2016 19:30:00 -0500

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Mon, 26 Sep 2016 19:15:00 -0500

Our friends at TechBargains have rounded up these can't-miss deals.

Mon, 26 Sep 2016 19:00:00 -0500

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Mon, 26 Sep 2016 18:30:00 -0500

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Mon, 26 Sep 2016 18:21:58 -0500

No one was hurt in the explosion, which could be heard 30 miles (48 km) away from SpaceX's launch pad 40 at Cape Canaveral Air Force Station.

Mon, 26 Sep 2016 18:00:00 -0500

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Mon, 26 Sep 2016 17:30:00 -0500

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Tue, 27 Sep 2016 05:30:00 -0500

Historically, when new technologies become easier to use, they transform industries. That’s what’s happening with artificial intelligence and big data; as the barriers to implementation disappear (cost, computing power, etc.), more and more industries will put the technologies into use, and more and more startups will appear with new ideas of [...]

Tue, 27 Sep 2016 04:28:00 -0500

Rolinda, an HR Manager, is in a quandary. She and her colleague Paul are considering withdrawing the job offer they made to Jerry, even though Jerry has already accepted the offer. What would you do in Rolinda's situation?

Tue, 27 Sep 2016 03:20:00 -0500

But viewed from another perspective, Trump was the winner by exceeding expectations. Just as a young Senator John Kennedy received a boost by standing toe to toe against the more experienced Vice President Richard Nixon in the first televised presidential debate in 1960, Donald Trump, a businessman with no political experience, did stand on an equal footing with the experienced politician Hillary Clinton.

Tue, 27 Sep 2016 00:04:00 -0500

The fallout from Clash of Champions takes place on Monday Night Raw.

Mon, 26 Sep 2016 23:55:00 -0500

What if people fall out of love with the iPhone and stop buying Apple's smartphone? With so much of Apple's business built around the handsets, any sustained fall in sales would not be welcome inside Cupertino. Unfortunately for Apple the evidence points to just that scenario.

Mon, 26 Sep 2016 18:59:00 -0500

I think this argument about Mylan and the Epipen is becoming really just marvellous. For we've now the argument about how much profit that the company makes on each two-pack. Is it the $100 that the company told Congress? Or is it the before tax number of $160? The argument [...]

Mon, 26 Sep 2016 16:45:00 -0500

Gabbie has had a great series of interviews, but now the employer is saying "We love you! We just want to see more candidates." What should Gabbie do?

Sun, 25 Sep 2016 19:38:00 -0500

Why do employers base so much of their hiring process on technical and functional skills when there are more fundamental factors that make someone a good or bad hire? Here are ten reasons not to hire a job candidate, even if they're qualified on paper

Sun, 25 Sep 2016 10:58:00 -0500

Forthe past five years, ONE Championship has made incredible strides building up MMA in the region where martial arts first came into being. This past week, the promotion’s hard work was apparent in a gathering of industry leaders atthe 2016 Asia Summit — an event ONE is planning to put [...]

Sat, 24 Sep 2016 02:55:00 -0500

New to NBA 2K, or just stuck playing the same modes? Here's a list of things you should experience in your first week with the game.

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 18366 Views :: Article Rating :: Business & Finance

Michigan, USA – "They were buying a $10 bottle. Now they're buying a $6 bottle," said Mike Acho, owner of the Wine Cellar party store in Waterford. "People don't have the money. They're not working, but they still want the alcohol, so they buy the cheaper stuff."

Chaldean business leaders within the Merchants of Michigan association say the state is heading towards the cliff’s edge.  Michigan remains the worst state in country.  It has the highest unemployment rate in the country, a continually slumping economy and one of the highest foreclosure rates in the nation; experts say much of the increased drinking may be related to people trying to drown their sorrows. 

State records agree with the opinion sharing that more customers are choosing to drink at home instead of bars and restaurants.    Alcohol purchases nationwide have risen about 2%, total sales in Michigan have nearly doubled that, 3.5%, with residents of the Great Lakes State spending $895 million in 2007. The increase is in spite of a loss in the state's population of more than 46,000 people last year.

The state's Liquor Control Commission spokesman Ken Wozniak tells reporters that, “The 2008 numbers have not been compiled, but we can expect the increase to continue based on the data we're seeing so far."

The greatest increase in alcohol consumption in Michigan was in hard liquor, particularly vodka and whiskey, with residents purchasing -- and presumably consuming -- 282,270 more gallons than the year before.

Wine, too, is on the rise with an increase of 857,415 gallons purchased over the previous year. And people drank more mixed spirits, such as prepackaged rum drinks and wine coolers.

In contrast, beer consumption declined in keeping with a nationwide dip over the last several years that saw more drinkers gravitate toward trendy martini bars.

While beer still is the most popular alcoholic beverage -- Michiganders drank a whopping 204,239,944 gallons in 2007 -- it was a 1.8-million gallon decline over the year before, state officials said.
Bargain booze

And people appear to be shopping for bargains when it comes to stocking their home bars, opting for American brands over more expensive imports.

Blended American whiskey sales, for instance, increased -- though only 1% -- for the first time in 30 years, according to the Beverage Information Group, a Connecticut firm that tracks the industry. And American scotch brand sales increased for the first time in 20 years.

Chaldean convenient store owners are creatively working to help customers cope at risk of losing sales.  “Times are very bad in our state.  The mismanagement of our economy is very bad, but times will get better and customers who are trying to crawl into a bottle may not be able to crawl out when new leaders in Michigan makes things better,” says Karem Nafsu of Drive-In Liquor.  “I know my customers and their family.  Sometimes it takes someone like me that enough is enough, you have to go home and be with your family.”