Word: firmly
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...that he kind of had to grow up, and as an adult, you have to start paying attention to where your money is going. Ron advised him to cut his spending or go back to work." Jackson sold Neverland to a partnership run by Colony Capital, a private-equity firm, and moved to the ultra-posh Holmby Hills in West L.A. Burkle's counsel was sensible, free and friendly, and it more than likely saved Jackson's wealth. He even paid for forensic accountants to untangle Jackson's finances. The Gloved One began writing his own checks. But even with...
...merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based in New York City. "There is no more Linens 'n Things. How can that not have a tremendous impact on Bed Bath & Beyond...
...Walkman wasn't a giant leap forward in engineering: magnetic cassette technology had been around since 1963, when the Netherlands-based electronics firm Philips first created it for use by secretaries and journalists. Sony, who by that point had become experts in bringing well-designed, miniaturized electronics to market (they debuted their first transistor radio in 1955), made a series of moderately successful portable cassette recorders. But the introduction of pre-recorded music tapes in the late 1960s opened a whole new market. People still chose to listen to vinyl records over cassettes at home, but the compact size...
...eyewear manufacturers are blind to these differences. Tom Davies is the founder of London-based firm TD Tom Davies, www.tdtomdavies.com, which specializes in custom-made, fashionable face furniture. He launched his business in 2001 after spending three years designing glasses for brands including Tom Ford, Gucci and Puma. "I was frustrated that my mass-produced frames didn't really fit anyone," he says. "I wanted to create the equivalent of a bespoke suit." That vision has earned Davies fans such as Richard Branson and Kevin Spacey. (See the best new travel products, gadgets and trends...
...companies are only too happy to indulge pent-up investor demand. The crash in global markets had virtually shut down new listings. Only two Chinese enterprises went to market in the U.S. last year, down sharply from 29 in 2007. Now there's a rush to list. Accounting firm Ernst & Young says it is working on 108 IPOs; most of the offerings are by Chinese companies planning to list in China, Hong Kong or both. Meanwhile, Chinese technology firms are expected to head to the U.S., which has long been the market of choice for cutting-edge companies...