What Will December Look Like for the Travel Industry?
By David Feldman at 5 December, 2008, 4:53 am
Many companies will be hit hard this Holiday season due to the economy, however the travel industry could potentially affected most dramatically. Airlines and hotel chains rely on strong December revenues to augment their end-of-year financials. However with the current market environment and increased investor uncertainty, travel and transportation usage appears to be down compared to prior years.
Read More >>Is Consumer Spending Looking Up this Holiday Season?
By David Feldman at 27 November, 2008, 9:40 am
Considering the latest financial headlines, you would assume that the vast majority of the US population would be planning on sizable spending cutbacks this holiday season. However a recent survey by ABI Research has shown that not all consumers intend to cut back on spending, and some are even thinking of spending more than last year.
Read More >>Tip of the Week: Inappropriate Expenses and Compensation for Shells
By David Feldman at 22 November, 2008, 8:25 am
Public shells may engage in activities that seem commonplace and appropriate for operating companies, including compensating management, hiring public relations firms, paying rent for office space, issuing press releases that disclose important events, and raising money to cover all these expenses. These are innocuous activities for a public company. But if a shell company (assuming it is not a SPAC) is engaging in them, it is a sign that someone without the highest integrity is in charge.
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