Professor Elam

I will agree with student Kelly Clark  that the Wall St Journals do tend to stack up if one subscribes.  Business Week handily comes on the weekend and can be read easily by the end of the week.  Visitor and entrepreneur Ariane Urschler observed to one of the classes last semester that the Business Week summary page is her first read every weekend. This weekend is not exception. Consider

Housing prices had their worst quarter since th S & P Case Shiller Home Price Index was created in 19687, down 3.2% in the second quarter
Taiwanese Pc Maker Acer will buy Gateway for $710 M vaulting it past Chinese rival Lenovo and keeping Euro Packard Bell out of Lenovo’s hands becasue Gateway has the ifrst rite of refusal, how’s that for a sitcom twist?
Nelson Peltz and Triarc will buy Wendy’s, Wendy’s has been hurting since Dave the founder died
You will notice my post this morning on India and Tata, well whaddya know, India’s Tata may bid for Jag and Land Rover, and Indian rival Mahindra (fast exapanding tractor sales in the US) may bid as well as private equity buyers

Did you know Macao  overtook the Las Vegas Strip in gambling revenue last year?

Check it all out here.