According to a new report from Knight Frank and WealthInsight, fine art was the worst performing collectible last year, with prices down 3 percent.» Read More
France's Pernod Ricard won a hotly contested auction on Monday to buy the maker of Sweden's Absolut vodka for 5.63 billion euro ($8.87 billion), beating favourite Jim Beam bourbon-maker Fortune Brands.
Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.
"When the economy gets tough, the mood changes for the wealthy first." So said Maryam Saghatelian, assistant VP for Cartier’s west coast operations.
Friday night Countrywide informed me that an employee sales event planned in April at an expensive Florida resort has been cancelled.
I've been hearing from sources that Countrywide, despite cancelling an expensive ski junket to Colorado, is planning two even bigger events in Hollywood, Fla. Now comes confirmation from a source at The Westin Diplomat Resort & Spa that Countrywide has booked the location for two different events
Foster's Group, Australia's biggest alcoholic drinks company, posted its slowest growth in first-half net profit in several years on Tuesday, as U.S. wine sales slumped and the strong Aussie dollar crimped earnings.
Diageo, the world's biggest alcoholic drinks group, said it expects to hit 2008 forecasts after double-digit growth in Johnnie Walker whisky sales helped it to a 15-percent rise in first-half earnings.
Partly because of the deteriorating economy, more companies than usual are participating in the annual blizzard of holiday promotions, but skeptics still warn about advertising overkill and the risks of marginal or tacky campaigns.
Americans may be drinking less, but they're drinking better.
With a diversified portfolio consisting of everything from sinks to golf clubs to liquor, Fortune Brands has it made in a tough market, right? Not so fast.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
There are allot of reasons why becoming homogenized as a country is a good thing. The blending of cultures and races. I think we see the benefits now in the Presidential primaries, and in recent elections around the country. The one here in Louisiana for governor is a good example.
For several years, rum distillers have been trying to ditch the product's image, which is so closely linked to pirates, palm trees, and cheap daiquiri drinks, in an attempt to capture their fair share of sales to cocktail-swilling trendsetters.
I'm speechless. As investigators await more test results to try to determine how actor Heath Ledger died, someone thinks he may already know! I received the most jaw-dropping press release of a still-young 2008 from a company called GenoMed...
The distilled spirits industry expects its U.S. revenues to increase 4.6 percent in 2008, down from last year's growth rate, a trade group said Friday, as the weaker economy forces people to tighten their budgets for going out.
French wines and spirits group Pernod Ricard reported a stronger-than-expected 9.1 percent rise in underlying second-quarter sales and raised its profit guidance, sending its shares sharply higher.
Here's the lamest New Year's Eve idea ever: The Ladies' Home Journal took a poll on which Presidential candidate you'd like to take to a New Year's Eve karaoke party. I'm not kidding! Plus: Wooing McDreamy!
Flying Southwest Airlines again today. Getting the hang of the new boarding system. Maybe it's not so stupid. Maybe I'm not so stupid. I'm flying to Sacramento and driving to Stockton to check in again on America's Foreclosure Capital.
As you drive up the road it looks like one. When you walk up the driveway it looks like one. When you're standing right next to it, it looks like one. It has all the earmarks of a "real" log home. Except it's not. It's made out of concrete.
It sounds a little like an angry bee. The tattoo needle doing it's job. The job it's doing right now is on a young women's butt, "freshening up" a couple of cherries. Nice work. And so are the tattoos. The name of the place is Vince Neil Ink, and for rock and roll aficionados, it is "that" Vince Neil, lead singer for 80's rock mega band, Motley Crue.
First, you know the green movement has "jumped the shark" when Paris Hilton wants to reduce her carbon footprint. While in Germany, she told the Associated Press, "I changed all the light bulbs to energy safe light bulbs (energy safe???), and I'm buying a hybrid car right now."