Getting ready to Produce a Price Point Edition

Getting ready to Produce a Price Point Edition

This is on location at the KTEK Studios (Business Talk 1110 AM) in Houston, TX. Amazing what we do with a blue screen. Kevin Price, host of the Price Point Edition, Price of Business, and Publisher of US Daily Review, prepares for a taping.

Producing a Price Point Edition

Producing a Price Point Edition

The Price Point Edition is a unique, multi-media program that focuses on major business and political stories. Hosted by award winning broadcast journalist, Kevin Price, it appears on websites that, combined, has audiences of over 30 million a month.

New Masthead for the Price of Business site

New Masthead for the Price of Business site

Kevin Price and the new masthead for the PriceofBusiness.com site. Coming soon.

Kevin Price Covers Breitling CEO at Vegas Convention

Chris Faulkner, President and CEO of Breitling Energy, is participating in a major conference by REISA in Las Vegas on October 7, 2013.  Faulkner has been a guest on many major media, including CNBC.  Kevin Price is planning on “going deep” in a lengthy interview with the energy leader. He is interviewing him at Caesar’s Palace.

Chris Faulkner, Founder, President and Chief Executive Officer Breitling Oil and Gas, drives the company’s long-range economic and energy outlooks, which serve as the basis for strategic planning as well as investor relations, short and long-term business strategy, mergers and acquisitions, and the development and application of new and existing technology for optimizing recovery efficiency within Breitling’s conventional and unconventional resources.

His diverse and extensive background in the oil and gas industry in North America, Europe and the Middle East covers all aspects of oil and gas operations, including project management, production, facilities, drilling and business development. Mr. Faulkner serves as an advisor to the ECF Asia Shale Committee and sits on the Board of Directors for the North Texas Commission.

Mr. Faulkner has been featured in numerous media outlets, including Reuters, Bloomberg, US News & World Report, FOX Business News, The Agenda – TV Ontario (TVO), Dallas Morning News, San Diego Tribune, and Hart Energy. He is a frequent lecturer at industry events and is a member of many industry organizations, including the Texas Alliance of Energy Producers, the Dallas Petroleum Club, Independent Petroleum Association of America, Texas Alliance of Energy Producers and Texas Independent Producers and Royalty Owners Association. He is actively involved in local and national philanthropic and non-profit organizations, including Dallas Performing Arts, Texas CAN-DO, American Heart Association and Big Brothers Big Sisters.  Mr. Faulkner writes a monthly column oil and gas for Energy and Mining International and Oil and Gas Monitor magazines.

Mr. Faulkner studied biomedical engineering at Southern Methodist University, business and mathematics at Baylor University and at the University of North Texas. He received an honorary doctorate degree for his achievements in business administration from Concordia College.

Kevin Price to Speak at 2nd Amendment Foundation Gun Rights Policy Conference

Kevin Price has just committed to be a panelist at the 2nd Amendment Foundation’s Gun Rights Policy Conference in Houston, Texas. He will be discussing one of his favorite topics, “Countering Media Bias.” Kevin has spoken on this topic many times over the years and looks forward to being a part of this event. His panel will be on Sep. 29th, in the morning at the  Marriott Hotel Houston, TX Airport (George Bush Airport). 

This is one of several speeches Kevin has scheduled in the months to come and that he does annually. If you want to learn more about having Kevin speak to your event, email info@usabusinessradio.com. 

Is Congress Poised to Tell Obama “No” on Syria?

The following is an excerpt of Kevin Price’s latest column in the Huffington Post:

President Obama has rarely had problems making unilateral decisions. In fact, he has been more than willing to implement policies even after they were overturned by another branch of government. Furthermore, he has also allowed agencies to do things in disregard of Congressional oversight. We have even seen this in his military decisions as well, with the indiscriminate use of drones and other actions, without the approval and with little consultation from Congress.

ImageThe “drum beat” for military action has been loud since it became clear that Syria used chemical weapons on its own people, including hundreds of babies and children. David Cameron, the UK Prime Minister and the United States’ strongest ally, called for a special session of Parliament and the members voted against military action. This was shocking and a blow to Cameron’s leadership. Meanwhile, France has said it is going to support military action against Syria. President Obama has said that it is “imperative” for the U.S. to attack or we can expect more heinous actions on the part of the Syrian regime. Now, in what could be seen as a “reversal” for a man who has rarely been interested in the legislative branch and its opinions, Obama is not only consulting Congress on the issue of Syria, but asking for them to vote on it.

Political observers are going to be asking questions. Is the president looking for an excuse not to act? Will a negative vote from Congress become grounds for inaction? This is unlikely, because he indicated that there would be action regardless of the vote, but it could significantly affect what that action looks like. Remember, George Bush asked Congress to vote on the automobile industry bailout, they did with a resounding “no” and Bush authorized it anyway with TARP dollars. Actions such as these are often more show than substance. Will a vote in favor of military action lead to more drastic actions by the United States? We will have to wait and see.

If Congress authorizes action, the American people will certainly be more supportive and the president will also be seen as having had “matured” in his decision making. But if the president goes to Congress and they vote “no” and he proceeds with action (as it appears likely), I expect a fairly loud outcry and even more cynicism towards our government and its leaders. A vote supporting the president is anything but guaranteed. The American people have grown tired of war, this includes… (read more)

Kevin Price Quoted in Montgomery County News on Minimum Wage

Fast food workers across the country walked off their jobs Aug. 29, asking for a doubling of the minimum wage — but like the food they serve, a wage hike seems convenient, but in the end may not be as healthy as they think.

ImageLeading into Labor Day, workers are trying to highlight the difficulties of living on minimum wage, which in Texas is $7.25 an hour, a wage that picketers in over 60 cities are hoping to raise to $15. Earlier this year, Sen. Tom Harkin (D-Iowa) and Rep. George Miller (D-Calif.) introduced and attempt to raise the federal minimum wage to $10.10 per hour, above the $7.25 level set in 2009.

A heated debate rages around the effects of minimum wage increases — whether or not they really help workers, and their effect on business. According to the National Employment Law Project, the majority of recent job creation has occurred at the low end, creating low-paying jobs such as those that dominate the fast food industry. In response, the minimum-wage debate has gone from a simmer to a boil.

“The cost of every product includes the cost a business has in making that product,” says Kevin Price, host of “Price of Business” on Business Talk 1110 KTEK . Price is also a guest on national media , including Fox Business, Fox News, and the Huffington Post. “If the minimum wage goes up, that increase is mirrored in all goods and services–restaurants, grocery stores and any place where low-skilled, young labor is used.”

Price feels that businesses will work around the minimum wage — “entrepreneurs are entrepreneurial in all their activities,” he says. “When forced, they’ll make accommodations” and often the people the government wants to help most are adversely affected by increased prices and a cut-back in their hours.

In absolute terms, a 100 percent increase in pay does not equate to double the money. With a $15 an hour minimum wage, a person working 40 hours a week would see a monthly surge in their income of about $1,250 monthly. But that increase in pay will also raise their federal tax withholding amount by $170 per month, plus an additional amount for Social-Security withholdings…(read more)

Obama Borrows Foreign Policy from Bush?

Kevin Price’s latest column at Huffington Post:

ImageThe controversial Bush Doctrine that became a political football over the last several campaigns now seems to be a part of Obama’s strategy in dealing with the possibility that the Syria regime used chemical weapons against its own people. The “Bush Doctrine” was first used by Charles Krauthammer in June 2001 to describe the Bush administration’s “unilaterally withdrawing from the ABM treaty and rejecting the Kyoto protocol.” Several months later (after September 11, 2001) it become a regular part of the political vernacular as the Bush administration took actions on its own, without the agreement of international organizations or allies, to preemptively “protect” the American people.

Presidential candidate Barack Obama has long been critical of this policy. He said in 2008 that “The president does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.” He goes on to say,

“As Commander-in-Chief, the president does have a duty to protect and defend the United States. In instances of self-defense, the president would be within his constitutional authority to act before advising Congress or seeking its consent. History has shown us time and again, however, that military action is most successful when it is authorized and supported by the legislative branch. It is always preferable to have the informed consent of Congress prior to any military action.”

Candidate Obama was perfectly clear — unless danger is imminent, the Congress must be consulted in the action. Yet, in an interview just this week on PBS, President Obama seems to be significantly modifying his perspective, and one can even hear the echoes of Bush’s controversial “Doctrine” in his speech.

 

Gwen Ifill of PBS stated to the president early in the interview,

“For the American people who look at this (the situation in Syrian) and say, why are we getting involved, how do you justify taking action? I know you talked about international norms because of chemical weapon use, but not because of the 100,000 people who were killed there in the past, and the 2 million refugees who fled across the border.”

 

In response, Obama states

“Well, what’s happened has been heartbreaking, but when you start talking about chemical weapons in a country that has the largest stockpile of chemical weapons in the world, where over time, their control over chemical weapons may erode, where they’re allied to known terrorist organizations that, in the past, have targeted the United States, then there is a prospect, a possibility, in which chemical weapons that can have devastating effects could be directed at us. And we want to make sure that that does not happen.”

Not only is Obama alluding to the Bush Doctrine, he is stating one of its cornerstone principles, which essentially states that “we have to attack the enemy that may, some day, have the potential to attack us.” The United States, its people, and its resources could become exhausted if we combatively…(read more)

Kevin Price Interviews the Man who Coined Term “Gamification”

Kevin Price recently interviewed Rajat Paharia, the man who coined the term “Gamification,” on his show, the Price of Business, on Business Talk 1110 AM KTEK.  He also wrote about Paharia in his column in the Huffington Post.  Here is an excerpt of that article:

We are now living our lives online – community, entertainment, work, finances – virtually everything we do — by technology and throwing off reams of data (big data) about our activity. Smart companies are feeding this user-activity data into gamification systems which use data-driven motivational techniques to power engagement, high-value activity, and ultimately, to create loyalty.

The huffington postGamification in the technology realm is relatively new, but the concept is really quite old. For years companies, like McDonalds have used games (such as Monopoly at the Golden Arches) to increase engagement and (hopefully) loyalty. One can argue that coupons are a form of gamification and those are about as old as retail and grocery stores. One of the “innovations” that former JC Penny CEO, Ron Johnson brought to the company was the end of coupons (making pricing “real”). This “bold move” almost finished the retailer off. The engagement had been reduced, the opportunity to “play the game” of saving had evaporated. So did the store’s profits.

Loyalty 3.0: How to Revolutionize Customer and Employee Engagement with Big Data and Gamification (McGraw-Hill Professional; June, 2013; HC, $27.00) attempts to reveal, according to a statement from the publisher, “how to combine this big data with the latest understanding of human motivation to power gamification – the data-driven motivational techniques used by game designers to stimulate engagement, participation, and activity.”

Author Rajat Paharia is known as a pioneer in the business use of big data. He is also known for coining the term “gamification.” His company, Bunchball, was one of…(read more)

Kevin Price on Innovative Consulting Firm With Ivy MBAs

Excerpt from a recent column in Huffington Post:

Small businesses make up half of the GDP of the U.S. However, the country’s confidence is at historic lows. Adding new hires is risky, regulations are burdensome, and few want to make substantial financial commitments to growth that may never materialize. Across the country, smaller companies have begun to rely increasingly on outsourced labor — not only for the mundane call center and computer programming functions, but also for higher level strategic guidance. The Boston-based HourlyNerd is one such company that is exploiting this trend.

head shot on meThis group of young entrepreneurs are overflowing with confidence and their assessment of the company and its future abounds with optimism.

Founded in February of 2013 for a class project by a team of Harvard Business School students, HourlyNerd pairs top-quality MBAs with small businesses to provide, what they describe as “low-priced, flexible consulting, financial and accounting advice by the hour.” Since starting earlier this year they have “seen more than 300 businesses register for their site and have signed up more than 875 MBAs,” according to a statement. Example projects have included (among others) market entry analysis, business plan creations, and financial modeling; the Nerds also say they are on the verge of launching a co-marketing agreement with a top global technology firm. “We delight our customers because we offer them exceptional value. Our ‘Nerds’ cost about $35-50/hour. It’s very difficult to find freelancers for under $100-150, and honestly, the quality cannot compare. And McKinsey and Bain & Co. are obviously way too expensive for these businesses.” says founder and co-CEO Rob Biederman, age 26.

What kind of projects have Nerds done for these businesses? “Honestly, they run the gamut,” says founder and COO Joe Miller, 27. “We’ve helped an Australian manufacturing firm size various Southeast Asian markets…(read more)