In the weeks after the Carnival Triumph debacle, cruise analysts and agents were quick to report that cruise sales remained strong, and that cruise lines felt no need to resort to “panic pricing” to fill ship cabins. Lately, however, it looks like Carnival is panicking.
Companies & Industries
A Bentley Boom? Rising Sales for Luxury Automakers Like Bentley, Jaguar, Porsche
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Tax Day Freebies 2013: April 15 Is for Filing Taxes and Snagging Handouts
A new Pew survey has it that one-third of Americans actually like doing their taxes. Perhaps more surprisingly, the prospect of free cinnabons and free curly fries on Tax Day has nothing to do with it.
Say Goodbye to Bones: How the Chicken Nugget Won
“No mess. No fuss. No bones about it.” That’s the new mantra at Kentucky Fried Chicken corporate headquarters these days.
Why Pension Funds Are Hooked on Private Equity
When President Obama unveiled his budget last Wednesday, it rekindled a debate over taxation of the private equity industry. Many executives in the private equity business (as well as the venture capital and hedge fund …
Q&A: Stacy Perman, Author of A Grand Complication: The Race to Build the World’s Most Legendary Watch
A Grand Complication: The Race to Build the World’s Most Legendary Watch (Atria Books/Simon & Schuster) by Stacy Perman, tells the tale of two American men, the auto magnate James Ward Packard and the financier Henry Graves, …
How Walmart Plans to Bring Back ‘Made in America’
Walmart doesn’t make anything. But the giant retailer could play a part in the manufacturing rebound that is taking place in the U.S. with its promise to buy $50 billion more U.S. made goods over the next decade for its Walmart …
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
Latest Unavoidable Fast-Food Buzzwords: The Rise of Crazy, Premium, Snacks
You’re not crazy. The words premium and snack really are popping up on chain-restaurant menus everywhere. Crazy is making some appearances too.
We’re #1! Toyota and Ford Bicker About Who Has the World’s Best-Selling Car
It’s a battle for bragging rights, with two automakers saying they each had the world’s best-selling car model last year. Can they both be right?
Under the Gun: Businesses Pressured, Punished in States Passing Tough Gun Regulations
States have been passing tougher gun laws with the hopes of preventing another Newtown. But lawmakers are facing the possibility that their efforts to save lives may be killing local businesses and jobs.
How the U.S. Travel Industry Is Adapting to a Growing Wave of Chinese Tourists
Chinese now spend more on international travel than tourists from any other country. The U.S. travel industry is slowly learning how to attract them
