Distressed companies occasionally provide their employees with incentive bonuses to entice them to remain in their jobs while they navigate through their bankruptcy cases. Retention bonuses, however, are more restrictive, but allowed in some cases. Read more…
EUR/USD: Who Controls the Financial Market It is clear that interest rates rule the markets, not only in terms of actual changes but also regarding expectations about the timing and magnitude of future changes. From Read more…
If you ask Wall Street and anyone buying a home or selling an office building what they dream of, it’s simple: lower interest rates. And they may be a bit nervous. They heard noises all Read more…
When you fly a low-cost carrier like Spirit or Frontier Airlines, you have certain expectations. You know that you only get what you pay for and that you literally won’t get a seat assignment until Read more…
Warehouse clubs like Costco and Sam’s Club are essentially supersized retail stores, selling groceries, clothing, supplements, sporting goods, furniture, electronics, gasoline, and a host of other products — sometimes in bulk and often at a Read more…
Walmart, Target, and Amazon sometimes seem like heavyweight boxers just throwing big punches at each other. Money, of course, solves a lot of problems and the battle to deliver more items faster has cost billions Read more…
Kids shows have often had a slightly dark undercurrent. “Scooby Doo,” for example, had Shaggy, who perpetually had the munchies and could talk to his dog. The word “stoner” or “pothead” was never used, but Read more…
Cruise pricing, like hotels on land, changes based on demand. All the major cruise lines use some form of demand-based pricing where different people on the same ship can pay very different prices for the Read more…
Cruisers who sail frequently on the same cruise line earn loyalty program perks that can be quite meaningful. Royal Caribbean, for example, gives Diamond-tier and higher members of its Crown & Anchor Society loyalty program Read more…
Maybe this is the silver lining we keep hearing about. The phrase “every cloud has a silver lining” seems to have originated from John Milton’s 1634 poem “Comus,” which includes the line, “Was I deceived? Read more…