Word: marketeers
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...market's reaction to the S&P Case Shiller data showing the home prices dropped almost 19% in March was that the data is old, so there is no point in giving it much attention. The market seemed to shrug it off by posting large gains...
...book takes a fairly wide view of personal finance. Are some of these rules and pieces of advice things that you yourself use in investing? Some of them. What's in the book is for everybody, but primarily for the people who are not exactly sophisticated in the stock market and are wondering, What do I do with my house and my mortgage? How do I send my kids to school? How do budget principles work? It's basically what would be confronting the average person in the country. (Read "How to Invest for an Economic Rebound...
Karriem Beyah, 47, is out to change all that with Farmers Best Market. He grew up on Chicago's South Side and worked in his godfather's neighborhood grocery store. So it isn't surprising that he embarked on a career chopping raw meat, loading food trucks and, eventually, managing a dairy distributor's operations. As he built his personal savings and a base of industry contacts, he noticed the growth of stores like Trader Joe's and Whole Foods in Chicago and its suburbs. "This should be on the South Side," he recalls thinking. But, he says, when...
...lite sports schools that serve as talent pools to represent China in international sports events. Amateur sports, with little political significance, have been largely ignored. China established its first professional football league in 1994, following the example of European leagues. The system, however, never fully embraced the market values that made its European counterparts such a success. Although teams are sponsored by major companies like Samsung and Hyundai, they are still "owned" by their local football associations, which are government departments. (See pictures of China's sports schools...
...many ways, the China market is still more hype than lucrative reality. With the exception of the likes of Shaquille O'Neal, who has signed on with Chinese sporting company Li Ning, most NBA superstars aren't pitching Chinese products. (Foreign companies like Nike and Coca-Cola, however, have had success using NBA pitchmen in China, particularly last year when the country was wrapped up in Olympic fervor.) Pirating of NBA jerseys and other basketball paraphernalia is so rampant in China that it cuts into profits for the U.S. league. And even though China boasts its own professional basketball league...