Prada is expected to announce the final pricing for its initial public offering later this week in Hong Kong. But a faltering IPO in Hong Kong for Samsonite is raising questions on the wisdom of setting up shop in the city.
This week, Russia is hosting the annual St. Petersburg International Economic Forum. China's President Hu Jintao is attending this year's forum in hopes of announcing a new gas deal between China and Russia.
As the entitlement landscape continues to change in America, Chris Farrell explains that the future of retirement is no longer mobile homes and sunny vacation spots. It's an older employment base with smaller budgets as Americans work longer and save more.
Diane Swonk, chief economist with Mesirow Financial, just returned from Washington D.C. where she was meeting with the power players in the debt debate. She says the lawmakers are nearing a preliminary, 'real deal' agreement.