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There's no question that hard times are ahead. What is harder to determine is how much further stock prices must fall before recession is fully priced into shares, taking into account weakening corporate earnings. In past severe downturns, when the U.S. economy contracted by 2.5% or more, the average...
The people who govern Formula One have been trying to reduce these financial and competitive gaps for years. Rule changes between seasons often ban new technologies, or at least limit their further development. In the season that just ended drivers were required to do without the hugely expensive computerized traction...
International growth markets offer another fresh source of cash. New sponsors in Asia and the Middle East poured close to $60 million into the sport this year; plans to introduce Grand Prix in Abu Dhabi, South Korea and India over the next three years will boost interest further. Lewis Hamilton...
The relationship between video games and contemporary music—both popular and original—has been marked by intriguing highs and disastrous lows. Those looking for a successful fusion of these media need look no further than last weekend, when Sunday Night Football played host to the premiere...
Production of Iskanders is planned for 2009. But the turmoil in global markets has hit Russia particularly hard. The main stock index is down roughly four times compared to a year ago, while prices for gas and oil - Russia's real weapons these past few years - have dived as well...