April 2008

Can you believe the debacle going on in the airline industry? American Airlines canceled another 900 flights today. How many will they cancel tomorrow? Could they be headed for bankruptcy? Can they avoid it? Should these wiring problems have been fixed in September 2006 when the FAA notified them of these problems? This morning on Money for Breakfast, I interviewed two experts. The first ... read more

Do you have dreams of retiring and are now panicking about your future? Don't know what to do? Wondering if others are just as concerned as you are? According to the 2008 Retirement Confidence Survey just released by the Employee Benefit Research Institute, you are not alone! The survey found that 18% of workers were very confident in their ability to retire. One year ago that number was 27%. ... read more

Today is a big day on Capitol Hill for both the Senate and the House. The topic at hand is a housing bill. The Senate and the House have two very different bills and the president has threatened to veto the Senate bill. As we speak Sen. Christopher Dodd, the Connectictut Democrat and chair of the Senate Banking Committee and Rep. Barney Frank, the Massachusetts Democrat, are hosting separate ... read more

Yesterday YouTube released its FIRST feature film thanks to three close friends who wrote and co-produced a movie about their personal experiences. As they say, it's a "call to action" for their generation to give back, create a dialogue and talk about issues. The name of the movie is the "Cult of Sincerity" and you can watch it for FREE on YouTube. Two of the films co-producer's and director's ... read more

Throughout the morning the hot topic has continued to be the Citi news. The stock is up a couple percent as we speak. A couple other points that I have read or come up with guests that I thought I would share with you during the commercial break. 1. Meredith Whitney from Oppenheimer & Co. has estimated that ten major investment banks have exposure to leveraged loans in the amount of $200 ... read more

Last night around 6pm I got a bunch of emails about the news on Citi that had just hit the tape. Hit the tape in case you were wondering, means that a news publication like the AP, The Wall Street Journal, Dow Jones or Reuters had just printed a headline story and it was running across the tape as a new headline story. The Wall Street Journal, owned by our parent News Corp, reported that Citi ... read more

Get this! Newspapers across the country are doing away with their business sections. Shocking? It depends on how you look at. Some say yes, especially given today's economy and the headline stories about the housing crisis, mortgage meltdowns, the stock market and the Federal Reserve cutting rates to revitalize the economy. Not to mention the fact that in almost every poll Americans are saying the ... read more

Have you ever wondered how Merck came up with the name Vytorin for their cholesterol drug or how Schering-Plough came up with the name Zetia? What about Lunesta and. Viagra? What they mean? Why they are so complicated? And why they are so difficult to pronounce? Today we talked to two experts: Bill Trombetta, President of the Brand Institute and Bill Johnson. Mr. Johnson, from Saint Joseph's ... read more

It's that time of year! Tomorrow night is the beginning of the NHL playoffs. I am a HUGE Rangers fan. We play the New Jersey Devils tomorrow night. Not the best draw for us, but we had no other option. We played them on Sunday and it came down to who was going to get home ice advantage. The Devils won! Today I talked to Marc Fein, vice president of programming and production at Versus, about ... read more

What’s happening in China? As you may recall from my blog at the end of last week, last Friday was my father-in-law’s 60th birthday party. At the party, I talked to one of my in-laws' very good friends about mainland China and manufacturing. I know what you are thinking: Why bother reading on? Trust me, it’s worth it! She works for a company that sells dinnerware on a wholesale basis to ... read more