Star Trek's George Takei Adds Perfume Mogul To His Resume
The scent is being sold through Amazon and of course it's called EAU My, which is Takei's catchphrase. But for the perfume, the oh is spelled EAU.
Business
Men's Wearhouse Goes 'Pac-Man' On Joseph A. Bank
The retail company Men's Wearhouse has announced it is launching a takeover battle for rival Joseph A. Bank. What makes the effort unusual is that just last month Joseph A. Bank was trying to take over Men's Wearhouse. The turnaround is an example of what Wall Street calls a Pac-Man defense.
The Stock Market Loves The Fed For Now, But Can It Last?
Major stock indexes have shot to record highs in the U.S. this year, gaining more than 20 percent, and yet economic growth remains at disappointing levels. A lot of analysts say the Federal Reserve's stimulus efforts are behind the stock boom and a possible bubble.
Food Stamp Cuts Leave Rural Areas, And Their Grocers, Reeling
In communities grappling with high unemployment, grocery stores serve many customers who rely on the Supplemental Nutrition Assistance Program to get by. Some stores are estimating that their sales might fall between 5 and 10 percent now that the government has reduced the benefits.
Small Firms May Soon Turn To Crowdfunding To Sell Shares
Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project. Now the Securities and Exchange Commission is considering rules that would allow small companies to solicit investments over the Internet and sell shares to the public.
Hollywood's New Strategy: Supporting Chinese-Made Blockbusters
American studios are working hard to play well in China's gigantic — and growing — movie market, all while negotiating complex rules and competing with popular domestic films.
Health Exchanges Brace For A December Deluge
After a rocky start, the HealthCare.gov website is supposed to be able to handle 50,000 simultaneous users by the end of the month. That figure would represent about double the site's current capacity. An expected surge in demand will present a new test.
How Johnnie Walker Is Chasing The World's Middle Class
The Scotch whisky is the ninth best-selling brand of distilled spirit in the world. Journalist Afshin Molavi says it has grown globally by appealing to the expanding middle classes in places like Mexico, Brazil, South Africa and India.
Reviving Las Vegas With Less Sin, More City
Indeed, the gaming industry is not recession-proof. The financial collapse hit Las Vegas hard, and casino revenues dropped for 22 straight months. The city is now taking steps to claw its way back. In doing so, it may emerge as more than a one-economy town.
What Have Mortgage Settlements Done For Homeowners Lately?
This week, the Justice Department signed a $13 billion settlement with JPMorgan Chase over the bank's mortgage practices. But it's not the first multibillion-dollar deal. Five banks, including JPMorgan, reached an agreement in 2012. Not all of the results are in, but there are some lessons learned — and lingering concerns.