Aug 17
Getting into the sport management business allows mere mortals to share the glory and the rewards. Here’s how to choose an undergrad program.
The sports industry in the U.S. is a $200-billion-plus powerhouse, with superstar athletes, lucrative endorsement deals, and all the free press an ego can handle. But if you’re not the rare athlete who [...]
Jul 28
Chevron reported April to June net income of $5.98bn (£3.03bn), 11% up on the same period last year. Total’s net income rose 39% to 4.73bn euros ($7.37bn; £3.73bn). Exxon, Shell and BP also made strong profits in a period in which the average oil price was $125 a barrel, about double the level of a [...]
Jul 23
Mortgage rates are rising because of the troubles at the loan finance giants Fannie Mae and Freddie Mac, threatening to deal another blow to the faltering housing market. Even as policy makers rushed to support the two companies, home loan rates approached their highest levels in five years. The average interest rate for 30-year fixed-rate [...]
Jul 22
Washington Mutual reported a $3.3 billion quarterly loss Tuesday — far worse than Wall Street was anticipating — as it set aside more money for bad loans. The Seattle-based thrift reported a net loss of $6.58 a share, which included a charge related to a $7 billion capital raise the company announced in April.
Excluding the [...]
May 03
It epitomised the hippie dream of free love and easy living in the Sixties. Songs, films and books mythologised it. But with the advent of powerful new strains such as skunk, cannabis is increasingly associated with feral youth, psychosis and violent crime. As the government prepares to reclassify the drug, is its decision borne of [...]
Apr 30
Small businesses have an identity problem Business Finance. Not enough customers know they even exist. The average small business has about a 7% rate of brand awareness. So, basically only seven out of every 100 potential customers who are looking for the services your business supplies know who you are. To reach that other 93%, [...]
Apr 18
George Soros will not go quietly. At the age of 77, Soros, one of the world’s most successful investors and richest men, leapt out of retirement last summer to safeguard his fortune and legacy. Alarmed by the unfolding crisis in the financial markets, he once again began trading for his giant hedge fund – [...]
Apr 18
WASHINGTON%26ndash;Canadians can expect lower borrowing costs as the Bank of Canada continues its efforts to invigorate the economy, the bank’s governor Mark Carney said after attending a summit on the global financial crisis. The central bank in Ottawa slashed its benchmark rate by [...]
Apr 18
So, you want to open a discount brokerage account and manage your own investments.Which discount broker do you choose? How do you compare them all?Luckily, you can find a wealth of Canadian information online. You can start your virtual tour with Surviscor, a consulting firm that regularly reviews and ranks the discount brokerages. Its winter [...]
Apr 18
Domestic production of natural gas is falling as demand continues to shoot up, a situation that over the past few years has positioned liquefied natural gas as an energy saviour.Have no fear, the industry has argued, there are massive reserves of clean-burning natural gas around the world just begging to be tapped. If that gas [...]