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Archive for the 'Business & Finance' Category

Vinegar Gets Optioned Before Being Published

The Billionaire’s Vinegar, by Benjamin WallaceAccording to Variety, Will Smith is among a group of producers who have optioned The Billionaire’s Vinegar: The Mystery of the World’s Most Expensive Bottle of Wine, an upcoming book by Benjamin Wallace. There were no reports on when production might begin.

The story centers on an auctioned cache of wine bottles and the scandal that follows. In 1985, a member of the Forbes family purchased a bottle of Bordeaux for $156,000 at auction. The bottle was believed to have been part of a cache that belonged to Thomas Jefferson. After paying half a million for the other bottles, billionaire Bill Koch paid an additional million to confirm their authenticity. The wines turned out to be bogus, and Koch sued Hardy Rodenstock, who had supposedly unearthed the bottles and sold them at auction.

The Honeymoon’s Over: Newlywed Finances Unmasked!

epperson.jpgGone are the days when you could stuff your savings in a mattress, and how we do miss them.

The latest in a seemingly endless parade of themed finance books is Sharon Epperson’s The Big Payoff. Epperson, a correspondent for CNBC, has put together a collection of sensible advice for newlyweds to avoid debt and manage their money from the wedding day onward. She sat down with NPR’s Michele Norris and rued the fact that not only do most couples grossly overspend on the wedding, but they don’t give themselves what Epperson calls “a financial checkup” before the Big Day to see if, given current financial situations, they can comfortably manage the first few years of marriage.

Her best advice for all the enamored debtors out there? “Live on one income, not two.” Regardless of whether both work, or one stays home, “plan to live on less than you earn.” That tactic, however dull, will inherently account for the unforeseen expenses that will inevitably occur.

Listen to the full interview and read an excerpt here.

Twenty-somethings in Debt to Suze Orman

orman.jpgApparently, we’ve gone from Generations X, to Y, to Broke. I can certainly attest to that one, being as I am, in debt up to my eyeballs from college loans, rent and general cost of living. Mine is certainly not a unique story and the Bronze Goddess of Finance, Suze Orman, has come to realize this. Just for us 20-somethings, she’s written The Money Book for the Young, Fabulous and Broke, which should give us the know-how, if not the wherewithal, to get us unbroke as quickly as possible.

The Today Show posted a brief excerpt on its Website. Do you know what FICO stands for? Then I suggest you read it.

“Ladies Who Launch” Insists That You Get Business Savvy

ladies.gifVictoria Colligan and Beth Schoenfeldt’s Ladies Who Launch: Embracing Entrepreneurship and Creativity as a Lifestyle is the latest in a long line of books designed to encourage readers to break free of your cubicular, 9-to-5 restraints and follow your dream, be it starting your own business, or, well, starting your own business.

Unique to Colligan and Schoenfeldt’s book, however, is that it focuses solely on the success stories of women. They have edited together professional tips and advice with examples of “actual” women who made the program work.

The Today Show has posted the introduction, which you may read here.

Author Alan Deutschman Analizes Gates, Jobs Geek-on-Geek Action

secondcoming.gifLast week Apple CEO Steve Jobs and Microsoft Chairman Bill Gates went head to head on the same stage for the first time in more than 20 years and while most of the tech world was hoping for a total Jerry Springer-style brawl between the two, it just didn’t happen. Instead we got a big “you’re-great-no-you’re-great” love fest.

Alan Deutschman, author of The Second Coming of Steve Jobs and more recently Change or Die: The Three Keys to Change at Work and in Life, got a call from The Motley Fool’s Mac Greer to talk about the tussle that never was.

Watch the video here.