When it’s hot outside you might cool off with an ice-cold drink, but a new bar in New York puts its patrons on ice.
Continue reading “Drinks and Patrons on Ice | Carmen Roberts Reports”
When it’s hot outside you might cool off with an ice-cold drink, but a new bar in New York puts its patrons on ice.
Continue reading “Drinks and Patrons on Ice | Carmen Roberts Reports”
Emerging stock markets – once the favorite for many investors – have been left behind in the recent global rally. But some investors say now may be the time to look for diamonds in the dust.
Continue reading “BRIC Diamonds in the Dust | Carmen Roberts Reports”
The global airline industry is moving in the right direction but still faces headwinds and 2013 may be a challenging year. As one analyst puts it, the state of the industry depends on where you’re sitting. The US outlook is improving, Asia is growing, but visibility’s limited in Europe which is bouncing in and out of recession.
Continue reading “Airline Industry Rises | Carmen Roberts Reports”
Stocks rallied on word a deal on the fiscal cliff was in sight with only hours to go before the midnight deadline. But the final day of trading for 2012 wrapped up without any resolution from Congress.
Stocks snapped a five-day losing streak to end with gains across the board. For the year, the benchmark indexes were all higher, with the Nasdaq climbing 16 percent.
Continue reading “Stocks Rally on Cliff Hopes | Carmen Roberts Reports”
Understanding all the things that went wrong during Facebook’s IPO debacle one month ago is far from complete, but should we consider the Venus effect?
Explanations and sometimes accusations run the gamut: a technical glitch at the Nasdaq, Facebook sharing information with the big banks but not average investors, too many shares offered, too high an IPO price, and on. Continue reading “Facebook IPO and the Venus Effect? | Carmen Roberts Reports”