NEW YORK ( TheStreet) -- Cell Therapeutics ( CTIC - Get Report) CEO Jim Bianco's proposal to stave off bankruptcy by offering more shares of the distressed company was considered the dumbest thing on Wall Street this week by readers of TheStreet.
After the news created quite a stir in coffee land, a company representative who spoke to Consumerist.com tried set the record straight. "On Aug. 31, Starbucks introduced the simplified menu, based on customer feedback, but since that time, we've heard people missed seeing the Tall beverages on the menu," the rep told Consumerist. "While the Tall size has always been available at Drive Thru, along with every item on Starbucks full menu, we want to clear up any confusion and ensure our menu reflects a range of price points." The news that the Corn Refiners Association wants to change the name of high fructose corn syrup to "corn sugar" outraged 16% of voters. The group that includes Archer Daniels Midland ( ADM - Get Report) and Cargill is petitioning the U.S. Food and Drug Administration to change the name of HFCS on ingredient labels. The association just wants to "help clarify the labeling of food products for consumers," because according to the CRA, HFCS is no different than regular table sugar. "The term 'corn sugar' succinctly and accurately describes what this natural ingredient is, and where it comes from -- corn," said CRA president Audrae Erickson. Almost 11% of voters think it's pretty dumb that UPS ( UPS - Get Report) is abandoning its slogan for a new one. On Monday, UPS unveiled a new slogan that it said would "reflect UPS' passion for delivering transportation and supply chain solutions that can bring competitive power to its customers." The result: I
The word logistics may be a buzzword for investors but most of the company's customers probably don't really connect to it.
Many are left to wonder what was wrong with their old slogan, "What Can Brown Do For You?" Close to 9% of voters found it dumb that Warren Buffett's confidence in the U.S. economy is regarded with such high esteem, even after he offered no insight leading up to the financial crisis. Berkshire Hathaway ( BRK.B - Get Report) CEO Buffett predicted on Monday that there will be no double-dip recession and that the U.S. economic recovery is going. Americans cling onto his words with hope and fear that the economy might very well be headed for the worst. >>>View Warren Buffett's Portfolio While Buffett is attempting to restore Americans' faith and confidence in their nation's financial future, his lack of comments about the downfall of the economy is not forgotten. When he was called to testify before the federal government's Financial Crisis Inquiry Commission back in June, he refused to come forward voluntarily. He said the feds were wasting his time, and he had nothing worthwhile to offer on the subject.