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Dorottya Szocs

Sriracha factory ordered to put a lid on smell after locals pepper city with complaints... - 2 views

money.cnn.com/...index.html

shared by Dorottya Szocs on 03 Dec 13 - No Cached
  • A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor.
  • Irwindale claimed in a lawsuit that the stench was causing watery eyes, sore throats and headaches, prompting complaints from dozens of residents.
  • he judge's ruling orders Huy Fong to "immediately make changes in its site operations reducing odors and the potential for odors." The city has been pushing Huy Fong to install a new filtration system to address the issue.
  • ...3 more annotations...
  • "We want to find a balance between letting this business be a business and protecting our residents," Davidson said.
  • For most of its lifespan, Huy Fong has produced the Thai chili sauce without incident in Rosemead, Calif., but it shifted some production to Irwindale earlier this year.
  • The company produced 20 million bottles of Sriracha in 2012, or $60 million worth, all without the benefit of advertising. Consumer devotion to the brand has inspired cookbooks, embroidery, jewelry and a limited-edition flavor of Lay's potato chips
  • Alan Cheung on 12 Dec 13
     
    Very interesting article. It would be fun to see where you take this article. There should be plenty to analyse and evaluate.
Alex Iancu

Adam Sandler Tops Forbes' 2013 List Of The Most Overpaid Actors - Forbes - 1 views

www.forbes.com/...st-of-the-most-overpaid-actors

adam sandler estimating business plan allocating resources opportunity cost

shared by Alex Iancu on 11 Dec 13 - No Cached
  • Adam Sandler is one of the few actors in Hollywood who can still demand a paycheck north of $15 million. That’s great for his bank account but not always so great for the studios that employ him.
  • Jack & Jill grossed $150 million but the film cost an estimated $80 million to make. Considering studios take home about half of box office receipts, that means only about $70 million flowed to Sony Sony, which also had to pay to advertise the stinker.
  • . We estimate that for every dollar Sandler was paid on his last three movies, the films returned an average of $3.40.
  • ...1 more annotation...
  • The problem for Hollywood is that telling a hit from a miss before the movie is made is almost impossible.
  • Victorita Paun on 12 Dec 13
     
    This is a good article as it provides sufficient grounds to analyse and evaluate.
Alex Iancu

Astronaut Mark Kelly Joins Near-Space Tourism Company World View - Forbes - 1 views

www.forbes.com/...ace-tourism-company-world-view

celebrity advertising substitutes demand

shared by Alex Iancu on 11 Dec 13 - No Cached
  • Tucson, AZ-based World View Enterprises, which aims to take people into near space altitudes via balloon, announced today that former NASA astronaut Mark Kelly is joining the company as its Director of Flight Crew Operations. The company announced that it will also begin taking reservations for its flights this week.
  • The cost for a trip will be $75,000. Pricey, but not nearly as expensive as a suborbital trip on a Virgin Galactic spaceship, which will cost about $250,000.
  • “ This is going to a very high altitude – only about 6 people have flown this high in a balloon before,”
  • Alex Iancu on 11 Dec 13
     
    Interesting Reading- Deals with demand and the factors that cause shift in demand.
  • Alan Cheung on 13 Dec 13
     
    Interesting article, but I'm not convinced you'll have enough to write 750 words. You may have to verbally go through with me what you are thinking (or use the brainstorming sheet on Moodle).
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