Business

May01, 2014

A change at Rolex, but not with the watch!

Well it’s time for a change at Rolex. Not with the aesthetic of the actual watches, but with the top of the executive committee. Newly appointed CEO Jean-Frederic Dufour will become head of Rolex, and replace Gian Riccardo Marini. The…
Apr30, 2014

Michael Kors and Luxottica ink 10 year licensing deal!

Michael Kors, a world-renowned, award-winning designer of luxury accessories and ready-to-wear. Luxottica, a global leader in premium, luxury and sports eyewear, have just announced a 10 year licensing agreement. This partnership will enable Luxottica to produce the fashion eyewear for…
Apr30, 2014

Maserati strikes U.S. luxury car market!

Jumping into the mass luxury automobile market is Maserati. Considered one of the fine Italian supercars and imports, it has begun to take a chunk out of the high end sedan and sports coupe markets in the U.S. Still predominantly…
Apr30, 2014

Minimum Wage Stalls in Senate

Well it shouldn’t be a surprise but the U.S. Senate can not come to a compromise. This time it’s minimum wage. Currently the lowest possible wage an employer can legally pay their employees $7.25/hr. The goal had been to raise…
Apr29, 2014

A Year Later and Bangladesh Factories Still looking for Answers

It has been a year since the horrific travesty in Bangladesh, but sadly things do not seem to be getting better. Out of the 5000 factories located in Bangladesh, less than 300 of them have successfully been able to form…
Apr29, 2014

Apple announces 7-for-1 Stock Split

Apple announced another stock split that will occur on June 2nd 2014, and begin trading at the lower split adjusted price on June 9th. This one is a little different than before. Not in any financial way, just that this…
Apr26, 2014

Google’s The New Tax Man

Google to the rescue!  Well that is if you’re the tax man.  The tax authorities of Lithuania have a new reason to be thankful for google.  The fine people of the Google street view team who man cars armed with…
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