Making Money At The Masters
The Masters, one of golf’s four major events, begins today. Augusta National, the owner of the course, will makes millions of dollars from TV sponsorships. The other big beneficiary of the tournament may be…
All Work
Douglas A. McIntyre
Best Of The NY Car Show
The 2012 New York International Auto Show will be the venue for car companies to release more new models than they have in years. It is a sign of the industry’s recovery. Product development…
Who Says Dimon’s Pay Package Is Unfair?
A number of investors objected to the 2011 pay package of JP Morgan (NYSE: JPM) CEO Jamie Dimon. He made $23 million, which was more than any other bank chief executive. Dimon was also…
Falcone’s LightSquared May File for Bankruptcy
LightSquared, one of the worst ideas in the history of technology, may file for bankruptcy. The firm was to provide wholesale 4G service across the U.S. The notion failed to recognize that each of the…
States Battered By Housing Show Some Improvement
Flickr, Images of MoneySome of the states which had the largest drop in home values during the housing market collapse have begun to recovery at a rate better than the national market. It may be…
Yet Another Sign Of Jobs Improvement
ADP says private firms added 209,000 workers last month. The market was disappointed that the number was not better, but at least job growth is a regular part of the economy now. It tends…
Best American Cities for Business
As the economy struggles to gain traction, American cities also are hard at work to keep current businesses as well as bring in new ones. According to a report by consulting firm KPMG, some…
Burger King to Go Public Again
Burger King, privately held for more than three years, will begin to trade on the New York Stock Exchange again soon. Its current owners must have an eye on the valuations of McDonald’s (NYSE:…
What Rising Car Sales Really Mean
The rise in March domestic car and light truck sales was attributed largely to two factors. The first is that American’s need more fuel-efficient cars because of high gas prices. The second is that people own…
China Becomes World’s Largest Food Market
China has become the world’s largest food market, passing the U.S. in yet another measure, according to UK research firm IGD. The group offered three reasons for this: rapid economic growth, an increase in…
What’s Important in the Financial World (4/4/2012) States in Trouble, BMW Sales
The Federal Reserve Bank of Philadelphia put out its prediction of the economic health of all 50 states and D.C. Only three states face harsh prospects, according to the branch of the central bank.…
Media Digest (4/4/2012) Reuters, WSJ, NYT, FT, Bloomberg
Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters) Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters) China’s premier, Wen Jiabao, says the monopoly of large…
BMW And Mercedes Surge
BMW and Mercedes had record sales in the US for the first quarter. It is a good sign that higher end households have healthy amounts of disposal income. It is bad news for other…
Apartment Vacancies At All-Time Lows
Apartment vacancy rates rose to their lowest level since 2001, according to research firm Reis Inc. Part of the reason is an influx of young people into the rental market. Another is that people…
An Answer To Main Unemployment Question
The reason for high unemployment figures in the US and the chance they will improve have been based on two opposing theories. The first is that jobs were lost because of the recession. The…
Some States Not Out Of The Woods
The Federal Reserve Bank of Philadelphia put out its prediction of the economic health of all 50 states and DC. Only three states face harsh prospects according to the branch of the central bank–Rhode…
GM Sells Ton Of High Mileage Cars
It is a sign of the times in which gasoline prices have raced toward $4 and could go higher as summer travel season approaches, or trouble in the Middle East boosts oil. As it…
Economic Confidence Reaches Three Year High
There are a number of measure of consumer and economic confidence. One comes from the Conference Board, and another from the University of Michigan. Gallup has its own, and the most recent version showed…
Ford Sales Up Tiny Amount
Ford (NYSE: F) posted a very modest sales gain of 5% in March compared to the same month last year. The company said, however, that the number represents the best March in five years.…
The Most Oil-Rich States
As gas prices reach record highs across many parts of the country, Americans have been blaming oil companies. But as much as they are disliked, the oil and gas industry is also an indispensable…