O'Neill, Frieden, Naud, Schulz on Euro Bond Debate May 23 (Bloomberg) -- Goldman Sachs Asset Management Chairman Jim O'Neill, Luxembourg Finance Minister Luc Frieden and Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce, offer their views on the possible creation of a common euro-area bond. This report also contains comments from Christian Schulz, an economist at Berenberg Bank, Marchel Alexandrovich, senior European economist at Jefferies International and Yannick Naud, a portfolio manager at Glendevon King Ltd. (Source: Bloomberg) TV Channel Finder ZIP is required for U.S. locations Bloomberg Television in change Continue reading →

Nude Olympian Joins Andy Murray to Sell Hot Sports Drink: Health By Trista Kelley - Tue May 15 23:00:39 GMT 2012 Enlarge image Nude Olympian Joins Andy Murray to Sell Hot Sports Drink Provexis is dwarfed by the market leader, PepsiCo Inc. ’s Gatorade. Provexis is dwarfed by the market leader, PepsiCo Inc. ’s Gatorade. Photographer: Paul Taggart/Bloomberg Provexis Plc (PXS), vying for a sliver of the $42 billion sports-drink market, is counting on a lift from unsolicited athlete endorsements on the eve of the Summer Olympics. Olympian Rebecca Romero, who in 2008 posed nude on her bicycle in an advertisement for Coca-Cola Co. (KO)’s Powerade, signed on to promote Science in Sport gels in March, after years of endorsing the gels by using them ... Continue reading →

OECD: Spiraling Europe Crisis May Hurt World Economy SpaceX Launches Craft for Space Station in Second Attempt By Brendan McGarry - 2012-05-22T07:49:08Z A Space Exploration Technologies Corp. rocket lifted off today in the company’s second attempt to send the first commercial vehicle to the International Space Station. The closely held company, known as SpaceX and controlled by billionaire Elon Musk, launched the Falcon 9 rocket at 3:44 a.m. from Cape Canaveral, Florida. SpaceX will make history if its Dragon capsule docks at the station as scheduled on May 25, delivering more than 1,000 pounds of food, clothing and lab equipment. A successful mission may ease concern that turning the space program over to the private sector is too risky, according to Michael Ciarmoli, an analyst ... Continue reading →

The Real Greek: Reviving the 'Drachma' May 22 (Bloomberg) -- One London restaurant is encouraging customers to use the old Greek currency, which hasn't been legal tender for ten years. (Source: Bloomberg) TV Channel Finder ZIP is required for U.S. locations Bloomberg Television in change Continue reading →

It's an old joke -- a boat is a hole in the water you pour money into. It's also true. Some 95 percent of owners have boats 26 feet or less at an average cost of 18 grand, according to Ellen Hopkins at the National Marine Manufacturers Association, and more than 80 percent of those buyers shelled out for pre-owned boats. The actual boat purchase is just a start, however. Bentley Collins of Sabre Yachts says to budget 10 percent of the boat's value annually to cover additional expenses. And then there are the extras. Continue reading →