In recession-battered Las Vegas, there is still plenty of elbow room at the craps tables. Not so in Macau. Gambling revenue in the Chinese region soared in September, according to figures released this week, and two hotly anticipated stock offerings show that the high rollers have returned.
During the past decade, Ralph Gilles helped create some of Chrysler's most successful models: the 300C Sedan, the Dodge Magnum, and the redesigned Dodge Charger. But soon after the industry wunderkind became the company's design chief, Chrysler and America's auto industry collapsed.
Businesspeople love to tell me their problems, and in the waning days of this recession they keep describing three of them more than any others. They have to do with vanishing leadership, changing corporate culture, and talent.
Ten years ago, an unknown Renault executive stood in front of a packed audience of analysts and reporters at the Tokyo Motor Show and made a declaration that almost no one believed.
On an evening in March 2008 some 30 guests arrived at the home of Tony and Neely Young -- a 14,000-square-foot Tudor-style mansion overlooking 57 acres in Chester County, Pa.
Recently a friend was shopping for boots at Saks, only to be told the store was out of her size. "You're the sixth person I've had to turn away," the sales clerk said. My friend is not alone. But at a time of slumping sales, shouldn't it be easier to find what you want?
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It's been 105 years since golf was last an Olympic sport, but thanks largely to Ty Votaw, golfers will tee off in Rio come 2016.
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