xxxx

Toy retailer FAO Schwartz announced Wednesday that Toys R Us Incorporated, the largest United States toy retailer, would be acquiring the high-end retailer.
Once upon a time, FAO Schwartz was the store every small child wanted to visit. I know that after watching “Big” (with Tom …

MGM could have to bail on creditors if the economy doesn’t pick up this year.
The casino operations could be broken u p and sold off to pay creditors of MGM’s company. It currently owes $1.5 billion this year in bond payments and interest.
MGM said it …

Las Vegas was once a place where corporations would go to have corporate meetings and conventions, and during free time, do “other” things. (What happens in Vegas…right?)
Well, things aren’t happpening in Vegas anymore.
Companies that have always had their meetings in Sin City are starting to …

In 2008, those in the subprime market saw their investments go down the drain. Next year may be even worse…
Until now, the nation’s most serious home price declines have been in low-cost markets that were dominated by subprime mortgages, and in overbuilt markets such as …

Like I’ve posted in the past…plenty of people are losing their jobs because of the slumping economy. Well I’d like to start a series about recession proof industries. These are the cockroaches and Twinkies of industry.
Part 1
Vices.
Liquor – Of course liquor is an industry that …