Traders Trade -- Business, Stocks and Financial News

Site Index
Business Microblog
Homepage
Linking
RSS Feed
WWFeeds.com





Add to Google

Add to MyYahoo

Add to MyMSN

Add to Bloglines

Add to NewsGator





June, 2007 Archives | Homepage

Zambelli Fireworks: An Explosive Business

The July 4th holiday is an explosive one for Zambelli Fireworks, a fireworks and pyrotechnics company. According to a CNN/Money article the company produces 1,600 fireworks displays nationwide for Independence Day celebrations.
The self-titled "first family of fireworks," based in New Castle, Pennsylvania, has been in business since the turn of the century, when Antonio Zambelli brought his pyrotechnic ability to the U.S. from Naples, Italy.

The company was then passed on to Antonio's son George "Boom-Boom" Zambelli in the 1950s, and is currently run by George's children.

"My dad took the business to another level," said George Zambelli Jr. "He created a designer brand of fireworks, and choreographed the displays to musical scores or live music."

"That's when the business exploded, you could say," Zambelli added.

Now Zambelli, who started working with fireworks at the tender age of 12, serves as chairman of the company. He works alongside his four sisters and his own children, including Jared and George Zambelli III, who will likely take over the business one day.
The article says the biggest displays require as much as "45,000 fireworks and 770,000 pounds of mortars." The company also provides for smaller celebrations like weddings. They also provide indoor pyrotechnics for sporting events and conventions. But this time of the year is likely the company's biggest -- you might hear one of their productions this upcoming holiday weekend.

Posted on June 25, 2007
Permalink | Digg this | Blogs linking to this post: Google | Technorati



Yahoo CEO Terry Semel Resigns. Co-Founder Jerry Yang Named New CEO

YahooYahoo CEO Terry Semel has resigned. Taking his place will be Jerry Yang, one of the co-founders of Yahoo, Inc. The announcement was made in a press release.
Terry Semel said, "The Board and I have long talked about the importance of ensuring a smooth succession in Yahoo!'s senior leadership - and more recently, about the need for a leadership team committed to carrying Yahoo! through its multi-year transformation. As we discussed my future goals and plans, I was clear in telling the Board of my desire to take a step back sooner rather than later. I believe Jerry and Sue, with their superb talents and intense dedication to Yahoo! and its people, are the perfect combination to carry us forward. This is the time for new executive leadership, with different skills and strengths, to step in and drive the company to realize its full potential - it is the right thing to do, and the right time is now."

Semel continued, "Jerry and Sue will make an unbeatable team. Jerry has long been recognized as an Internet visionary. His incredible experience and close involvement since founding the company 12 years ago have given him tremendous strategic, technical and industry insight as well as unparalleled knowledge and understanding of Yahoo! and its great potential. We are equally fortunate to have Sue Decker, one of the most talented executives in the industry, as our new President. Sue has played a broad and important role in driving our strategy over the years, and has shown even greater skills and leadership with the success she's had in taking on more operating responsibilities. Both Jerry and Sue have been great partners to me and I am looking forward to collaborating with and supporting them both, as well as the Board, in any way that I can as Chairman. I'm proud of all that we've accomplished over the past six years during this exciting, still early stage of the Internet's development, and my single goal is to ensure that Yahoo! achieves its full potential."
Shares of Yahoo jumped on the news that Semel is stepping down as CEO. The WSJ's Deal Journal blog said (hat tip Epicenter) Yahoo will remain independent. They quote now acting CEO Yang who said, "We believe Yahoo can be a vibrant independent company."

Posted on June 20, 2007
Permalink | Digg this | Blogs linking to this post: Google | Technorati

Starbucks to Open 10,000 More Stores

Starbucks LogoBloomberg reports that the popular coffee chain Starbucks Corp. plans to add 10,000 new stores over the next four years. The company already serves a staggering 45 million customers each week.
Starbucks Corp., the world's largest coffee shop chain, will open at least 10,000 new stores over the next four years and double its size within five years, chairman Howard Schultz said yesterday. Starbucks is serving 45 million customers a week, Mr. Schultz said at the company's annual meeting in Seattle, where it is based. Starbucks' long-term goal is to have 40,000 locations worldwide, compared with 13,168 stores at the end of 2006. In another development, Paul McCartney was introduced as the first artist signed to Starbucks' new record label. The former Beatle made an appearance via a video feed from London at the annual meeting.
Wallstrip offers some insight on Starbucks Corp. in this entertaining video below. They talk about how Starbucks is turning into a retail outlet selling books, cds, etc. They mention a couple Starbucks related blogs: StarbucksGossip.com and I Hate Starbucks. If all this coverage encourages you to run out to Starbucks for a caffeine fix just don't try to carry quite as many drinks as Wallstrip's host Lindsay did.


Direct video link


Posted on June 6, 2007
Permalink | Digg this | Blogs linking to this post: Google | Technorati



Our Blog Network
Bloggers Blog
Crafters Craft
Drivers Drive
Fantasy SF Blog
Gamers Game
Health News Blog
HowToWeb.com
The IWJ Blog
Lovers Love
Media Cynic
Petosphere
Pleasant Morning Buzz
Readers Read
Science News Blog
Shopping Blog
Singers Sing
Sportsosphere
Surfers Surf
Traders Trade
Video Nacho
Watchers Watch
Workers Work
The Write News
Writer's Blog







www.traderstrade.com

Copyright © 1997-2008 by Writers Write, Inc. All Rights Reserved.