Harrah’s folded on a planned IPO this week, citing “market conditions” as a reason it decided not to gamble on investor confidence by offering shares for public sale. And earlier in the week, the head of the American Gaming Association said at a conference gambling revenues at the nation’s casinos are flat for the year, [...]
Peter Svensson of The Associated Press started building a spreadsheet to help him spot trends, plus compare and rank companies on his telecommunications beat. He started tracking the numbers a few months ago, and one of the “first fruits” he discovered was the impact of the Internet on cable subscriptions.
With six days to go, you probably have your Thanksgiving weekend strategy figured out. If not, consider a few more ideas: Weather. It can make or break this coming weekend, in terms of travel delays and the mood it puts shoppers in. Too inclement, it botches vacations and keeps prospective shoppers home in front of [...]
Black Friday entered the Google trends list for the several weeks ago, and an early release about Black Friday deals became one of the most read items in our business section at the South Florida Sun-Sentinel. The biggest and busiest shopping day of the year is also one of the biggest and busiest annual news [...]
The Donald W. Reynolds National Center for Business Journalism has selected 30 fellows – 15 journalists and 15 professors -for four days of intensive study in business journalism. They will attend separate, all-expenses-paid seminars Jan. 4-7 at Arizona State University’s Walter Cronkite School of Journalism and Mass Communication in Phoenix. Journalists in the Strictly Financials Seminar learn [...]
“Over the river and through the woods, to grandmother’s house we go!” That’s not only a traditional Thanksgiving ditty, it could be mantra of reverse mortgage brokers, who reportedly are finding their services in greater demand as house-poor senior citizens tap into home equity to pay living expenses. Note this recent SmartMoney article, which says [...]
Rana Foroohar and Ross M. Schneiderman of Newsweek did what I call “doing a 180” to see what’s was happening on the flip side of the economic downturn: industries that are performing well.
