Financial news on July 28, 2007
Business and Financial news
The company cited “extreme volatility” in the leveraged debt market, a decision that added to concerns that the private equity boom may be coming to an end. Read more..
Landry’s Restaurants Inc. is facing early redemption demands from a creditor because it has failed to file quarterly reports. Read more..
Even when consumers know that experts may be giving biased opinions, they are likely to follow the advice. Read more..
The Bancroft family’s deliberations on a sale of Dow Jones to the News Corporation took several bizarre turns Friday. Read more..
With rampant price-cutting, did retailers make much money on the young wizard? Read more..
Patrick Thomas, the elusive chief executive at Hermès, the luxury goods purveyor, discusses the luxury goods market, family ownership and his company’s expansion. Read more..
Major markets around the world now tend to move more in line with one another than ever before, reflecting the dominance of global companies. Read more..
The medical device maker said that it would buy Kyphon, which sells devices for spinal injuries, for $3.9 billion. Read more..
Slate.com offers a review of the 12 categories of advertising formats, a chain of alternative newsweeklies gets bought and more. Read more..
Whitewater kayaking offers a high-risk adrenaline rush and almost unlimited opportunities for adventure. Read more..