Consumer Goods & Services News by GLG Council Members

  In regards to the article, I believe Honda is feeling pressure from GM.    It is a fact that Honda's vehicles built in the US are produced at factories that may not have Union workers.     I believe Honda is feeling the same pressures as our Big 3! 

Airlines have been milking their frequent flyer programs and essentially selling something for nothing. But with IFRIC13 there is now a significant impact on their balance sheets. Are airlines opening themselves up for a problem that will haunt them for the future?

Seems that the only way most companies can cope with business being off is to cut payroll. Laying off good staff member is not the way to go. There are other measures that can be worked out. How much will these reduced staff actually help IGT,  and is it premature to think that there is a break in the gloom and doom coming in 2009?

General Motors-the lumbering, money-losing giant of American industry-unveiled the long-awaited Chevy Volt this week to celebrate its 100th anniversary. The event though, marked more than a new car for GM and a triple-digit birthday. It could set the stage for for a change in the balance of power in the automotive business

Sears acquiring K-mart stores was a smart purchase due to the value of the real estate holdings. Edward Lampert raised cash by selling long term leases in prime locations shortly after acquiring the company(SHLD). I think as little as Lampert discusses his company in public you can clearly see his long term strategy is well thought out. The article clearly points out the selling off the remaining...

How will this beautiful new mega resort affect the dynamics of the Las Vegas gaming industry.? Will it start a trend as the Mirage did when it opened in1989? Can other top properties keep up and expand to keep up with this new trend? 

Tight credit has replaced high gasoline prices as the chief impediment to selling a new vehicle. With customers adjusting to the gas prices, getting the right kind of credit approval has become the most important issue facing auto dealers.

The saying that, "as GM goes, so goes the nation," may not carry the same weight as it once did as our economic base has transitioned to services derived from proprietary and intellectual property, but it still counts for something.

As DeBeers grows weaker, producing countries are demanding a bigger piece of the profits from rough diamond sales.  South Africa's recent demands may drive diamond price up sharply this fall and limit the supply of certain key sizes and qualities. This means jewelers may not get some product in time for the Christmas or pay higher prices in the 4th quarter for the replenishment...

Can California Indian gaming have the last word when dealing with government and it's representatives. Why such a big deal over charity gaming? It seems as though the Tribes already have a pretty solid monopoly.