In an industry known for extravagance, simpler designs with a ladylike twist will blanket the Lincoln Center runway at Fashion Week for the Fall 2012 season, industry experts predict.
The hotel chain announced this season’s roster of Fashion Next designers at its kickoff of Mercedes-Benz Fashion Week on Monday.
Three years after receiving a government bailout, General Motors aims to raise its profit margin to 10 percent over the next several years. If it succeeds, it could generate net income of $10 billion or more — an outcome that the former “car czar” does not think is “a crazy ambition.”
Celebrating on lovers’ lane will get more expensive for the average American this Valentine’s Day, according to two new reports. To lure value-seeking consumers, daily-deal sites will be offering a range of deals and promotions for the love struck.
Facebook’s biggest investor does not think there is a tech bubble and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public.
Even if economic growth in the U.S. is not as strong as Caterpillar is forecasting, investors can expect the company to deliver on its 2012 guidance anyway, one analyst said.
It is “inevitable” that Facebook will go public and when it does it could be “the largest offering in history,” said Sean Parker, the first president of the social-networking site, in an interview with CNBC at the World Economic Forum in Davos.