Despite Hip-Hop’s Support, the Maybach Faces Tough Times
Daimler AG, the German auto giant behind Mercedes, is having difficulty gaining traction with another one of its luxury brands – the ultra-premium Maybach.
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Lifestyle
Not Amazin’: Einhorn’s Mets Deal Falls Through
Why anyone would want to buy a stake in the futility-prone New York Mets baseball franchise is up for debate. But the ball appears to have been dropped for hedge fund luminary David Einhorn, who wanted to do just that.
Abercrombie Has a “Situation”
Abercrombie has another situation, and it is of the Jersey Shore variety.
ManU May Score a $1B Singapore IPO
If news that the recent tumble experienced by global equity markets has dampened the environment for initial public offerings has you feeling blue, don’t fret because one of the most recognizable brands in the world is said to be preparing a $1 billion IPO that may happen as soon as this year.
Merrill Brokers Getting Mixed Messages
With financial markets in turmoil and the finance industry being wracked with layoffs, brokers at Mother Merrill have enough to worry about
Big Bucks Fear No Evil
While economies are faltering and people and governments alike are rattling tin cups all over the world, some people are doing just fine. More than fine, if you take a look at markets for certain pricey products like Ferraris and gigantic mansions.
Monaco Fender Bender Comes at a Lofty Price
Three blondes walk out of a Monaco restaurant… No, this isn’t a sophomoric blonde joke or a scene from a James Bond movie. It is a very real scenario that earlier this week led to one of the most expensive accidents any car lover dare dream of. Well, this might give car lovers nightmares.
Tiger Woods Lands in a Financial Sand Pit
Times are tough for one-time golf king Tiger Woods, who sat out the British Open, one of golf’s four most prestigious events, due to a bum knee.
Will Einhorn’s Poker Prowess Extend to his Fund?
Among hedge fund manager David Einhorn’s many pursuits beyond Wall Street and baseball is poker. The Greenlight Capital president’s acumen for No Limit Texas Hold ‘Em was on full display during the first day of the World Series of Poker (WSOP) in Las Vegas.
Did Steve Wynn Just Forget the Law of Supply And Demand?
Wynn Resorts founder and CEO Steven Wynn recently paid a pretty penny for a set of four 18th century Chinese porcelain vases. He may have massively overpaid.
