Posts Tagged ‘business news’

Consumers Read Business News Too

Friday, February 1st, 2013 by

Today I was reading about a company that entered into an agreement to be sold of to a different company. It seemed that for the most part operations wouldn’t change drastically as they will simply be operated as a separate subsidiary. However, they decided to not announce this detail to the customers and of course news did break out about it. Afterwards a lot of loyal customers were scared of the deal and are already planning to do business with a different company as to them this showed instability.

Kind of interesting I thought as I guess if you are one of those suit and ties in the corporate level you would think that no regular consumer would bother to read about these kinds of things. However, with almost everyone connected to someone in the know online nowadays odds are fans and consumers of a business will pick up on the news immediately. Therefore, it’s not something you can ignore. I would imagine even some kind of simple acquisition message is better than simply saying nothing too.

Reading Business News As A Consumer

Saturday, February 5th, 2011 by

Recently I was reading some articles about that telecom company Globalive that is apparently in a very sticky situation as there was a court ruling that could pretty much stop them from doing any business here. That means anyone who is using its services will be left in the dust if that does turn out to be the case.

What is interesting about this I thought is that so many consumers simply don’t ever bother to read business related news as for the most part it seems boring. But you can imagine how this can affect you financially if say the company did die and then at the last minute you scramble to get new services as a result of it. Whereas if you did stay in the loop you could probably start having some kind of a backup plan.

Reading this kind of stuff is not just for say stock investors in my opinion. It keeps you updated on what is the best potential ways to spend and invest your money in general I say.