Tag Archives: business

Gay consumer site GayWheels.com has posted its latest list of the top ten vehicles searched on their site, where the Toyota Yaris continues to reign at #1. 1. Toyota Yaris2. Saab 9-3 (sedan and convertible)3. Mazda MX-54. Volkswagen Jetta5. VW EOS6. Dodge Caliber7. Toyota Camry8. Audi A39. VW Rabbit10. Infiniti FX The Yaris? Really?

It looks like John Mackey, the CEO of the Mecca of urban angertwinks nationwide, Whole Foods, is about to lose his job after having been exposed for posting anonymously on Yahoo! Finance forums for the last seven years under the alias “Rahodeb”, an anagram of his wife Deborah’s name. In over 1000 forum postings as Rahodeb, Mackey blasted the operation …

A holding company that invests the wealth of Bill Gates has bought a 56% controlling stake in failing PlanetOut Partners, owner of Advocate and Out magazines, Gay.com, and RSVP Cruises. Cascade Investments LLC joined with several other private equity firms in the rescue of PlanetOut stock, more than doubling its stock value from its 52-week low of $0.86. Shortly after …

Is PlanetOut beginning to dismantle? In a self-reported story posted on the Advocate’s site, PlanetOut Partners has announced it is selling its adult publishing division, SpecPub, as it attempts to stem the hemorrhage of red ink. SpecPub comprises four gay adult magazines: Unzipped, [2] Magazine, Men Magazine, and Freshmen. PlanetOut is revamping Advocate, with a planned redesign set to launch …

England-based Qsoft Consulting, owner of the gay dating site MyGaydar.com, has filed a trademark infringement suit in Delaware, claiming they own the word “gaydar” after another company began using a similar domain name for their own gay and lesbian dating site. Qsoft’s suit also contends that TDTong Ltd. violated the “Can Spam Act” by sending unsolicted messages to users of …

A California lesbian is suing dating site eHarmony.com for discrimination because it does not offer any not-hetero options. Linda Carlson is citing California law that prohibits sexual orientation discrimination in business and is moving to make hers a class-action suit, with a jury trial and unspecified damages requested. Recently, competing dating site Chemistry.com launched a widely praised ad that mocked …

Ouch. PlanetOut’s stock price has nosedived since last week’s earnings announcement, closing yesterday at $1.11, recovering slightly from an all-time low of $0.86 at midday. The 52-week high for the stock, which trades as LGBT, was $7.95.

Gas prices are at an all-time high nationwide and when I took this picture a few days ago, I thought NYC probably had much higher prices. Not so much, the national average today stands at $3.20/gallon and in California the average price is $3.40. Still, adjusted for inflation, the 1981 average price of $1.31 would be $3.15 today.

Nine years ago DaimlerBenz bought Chrysler for $37 billion. Today they sold the bulk of the company to a private equity firm for the bargain basement price of $7.4 billion. Ouch! Lee Iaccoca, who famously engineered a government bailout of Chrysler in 1979, is “broken hearted.” The new owners of Chrysler are faced with billions of dollars in employee costs …