Word: marketeers
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...Nova, that meant hiring a toy-industry gun, in the form of new CEO Martin Hitch, a veteran of Mattel and Hasbro. Penbo and Prime-8 were introduced in Europe this year, using local distributors. But the company, whose revenues are approaching $4 million, wants to crack the U.S. market and its big retailers. With the selling season for next year under way, Hitch will help Bossa Nova get six products into...
Rebalance your portfolio. Most people don't look at their statements when the market is going south - much less do anything about shifting their asset mix. Look at what you own - now! If you went into the downturn with 60% stocks and 40% bonds and have done nothing, your mix is now about 50-50. You have cut your exposure to stocks just as they have become more likely to rise. How important is it to get back to 60-40 (or any other target mix that has been skewed by volatile markets)? A starting balance of $100,000 that...
...mankind's ingenuity or a cautionary tale about the feverish excesses of Dubai's 21st century boom. Each island was selling for $15 million to $50 million, by invitation only: its developers were pitching the spits of land to tycoons, sportsmen and celebrities. But when Dubai's property market imploded last year, dropping more than 50%, cheeky headlines in the international press suggested that "the end of the World" had arrived. One dealer was quoted as saying that the multibillion-dollar project had been postponed "indefinitely." (See pictures of Dubai...
...first Latin country developed enough to give the region a second chance. "The IOC decision is an embrace of Brazil's practical way of doing things," says Paulo Sotero, director of the Brazil Institute of the Woodrow Wilson Center in Washington, referring to Lula's unique hybrid of market economics and progressive social policy...
...program, known as COBRA, that helps the newly unemployed pay to keep their employer-provided health insurance. Other measures on the table include an extension of the first-time-home-buyer tax credit, which is set to expire on Dec. 1 and has helped stabilize the housing market this year. The White House has said Obama supports extending all three programs, though it remains unclear whether they would be offset with other tax increases...