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Sriracha hot sauce under fire; company's founder speaks out

Nov 13, 2013
The famous Sriracha hot sauce faces a production stoppage after a judge ruled against the company.
Posted In: Sriracha, hot sauce

The Numbers for Tuesday, November 12: Watching TV

5

The number of months Russian fans of "Game of Thrones" had to wait after the U.S premiere to watch new episodes, driving many to pirate copies on torrent sites. Next year's season will be different, though: HBO signed a deal with a Russian pay-TV group to ensure the fourth season coincides with U.S. air dates. (Bloomberg)

113,000

The number of cable and satellite TV subscribers that cut ties with their companies in the last financial quarter, capping off the worst 12-month period of losses for the industry. Analysts claim the rate of cord-cutting has slowed though, and revenue for pay-TV companies actually climbed during the period. (The Hollywood Reporter)


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Nov 12, 2013

Philippines: How to help typhoon victims

Nov 12, 2013
At a time when everyone is trying to help out, a look at the top charities that will make good use of your donations.
Posted In: Super Typhoon Haiyan, philippines, disaster relief

The Numbers for Monday, November 11: Good news for consumers

$6 billion

The amount of money the United States Post Office expects to lose this year, a loss they hope to reduce after inking a new deal with Amazon to start offering package delivery on Sundays. The partnership will start its service in New York and Los Angeles but Amazon expects to roll out the program in more cities next year. (Marketplace)

8

The time of day (p.m.) on Thanksgiving when Target will open its doors to shoppers looking to get a head start on Black Friday deals. The new opening time is an hour earlier than last year, and will see the stores remaining open until 11 p.m. the following day. How many bargain-hunters will use this as an excuse to skip out on Turkey Day dish-duty? (Yahoo! Finance)

$1,000

The amount of cash per employee that "patent trolls" have demanded from small businesses simply for using everyday office equipment the patent licensing companies claim they hold patents for. The Senate Commerce Committee held talks last week on a bill aimed at curbing patent troll practices, including this method of sending thousands of letters not to manufacturers, but their consumers, demanding they pay up for using the disputed technologies. (Ars Technica)


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Nov 11, 2013

The numbers for Friday, November 8, 2013: Fork it over, Twitter

$5,940

The amount of money Twitter owes our very own Kai Ryssdal. That's according to a fun interactive Time magazine created which calculates a monetary figure by factoring in the number of followers someone has, how many times a day that person tweets, and compounds it by some corporate valuation numbers Twitter put in its IPO prospectus. Kai could buy a lot of red pantswith that. (TIME)

25

The amount of years satirical newspaper The Onion has been in print. But that's soon coming to an end -- the December 12th issue will be the Onion's last issue in print. But don't fret. The paper will still be available online. (AdAge)


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Nov 8, 2013

Hedge fund founder calls insider trading rules "vague"

Nov 8, 2013
The documentary series Frontline uncovered video related to Steven A. Cohen and SAC Capital's fine of $1.2 billion.
Posted In: insider trading, Steven Cohen, sac capital

The numbers for Thursday, November 7, 2013: Twitter = coal canary?

$48.50

Nope, we're not talking about Twitter's share price debut on the NYSE. That number was Boston Market's share price back in 1993 when the chicken restaurant chain went public. Just like Twitter, which is currently seeing its share price leap more than 80 percent above its offering price, Boston Market's stock price soared to an almost-unheard-of 140 percent by the day's end (!), closing at $48.50. So who's the big bird now? (Yahoo! Finance)

25 million

While we're on the subject of birds, Thanksgiving is 21 days away (countdowns start early in our office) and if you're planning on flying, that's the number of people that will be traveling by air between November 22 and December 3 -- about 1.5 percent more than a year ago. So, happy travels! (Bloomberg BusinessWeek)


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Nov 7, 2013

Income inequality and the pursuit of un-happiness

Nov 5, 2013
The OECD releases its “How’s Life?” study today where it measured the happiness of 33 countries.
Posted In: income inequality, OECD, Russia

Chinese baiju rice wine: By the numbers

$92.4 billion

Sales of Chinese baijiu in 2012. The traditional Chinese banquet drink is the world’s largest spirit category by sales. Source: International Wine and Spirit Research Group.

4.9%

Forecasted growth rate for sales of baijiu in 2013,equaling the growth rate for the past two years. Source: Euromonitor

98%

The estimated percentage of China’s sales of spirits in 2012. The category includes vodka and whiskey. Source: Euromonitor

441 million

The number of primary baijiu drinkers in China who are aged between 30 and 49 by 2015. Source: China Cuisine Association

22%

The percentage of the "post-1980 generation" among baijiu drinkers by 2015. Source: China Cuisine Association

4 trillion

Total sales for 13 listed Chinese baijiu companies between 2003 and 2012. Annul growth rate soared since 2006 to 20% from 10%, and peaked in 2011 at 46%. Source: Wind

17 billion liters

Projected baijiu production in 2016, compared with 4.9 billion liters in 2007. Source: Frost & Sullivan


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Nov 5, 2013

What does $36 less on groceries look like?

Nov 1, 2013
Starting today, the Supplemental Nutrition Assistance Program, commonly referred to as food stamps , will see a cut of $5 billion. Under the cuts, a family four will receive $36 less in benefits every month.
Posted In: food stamps, instagram

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