The Titanic’s last lunch menu, saved by a first-class passenger who climbed aboard a lifeboat whose crew was said to have been bribed to row away instead of rescue more people, sold at auction for $88,000 on Wednesday.
The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.
The U.S. economy added a disappointing 142,000 jobs in September and the unemployment rate stayed at 5.1 percent, the U.S. Department of Labor reported today.
The Conference Board’s Consumer Confidence Index showed moderate improvement in September.
Australian refrigerator magnate Bruce Scott has poured $7 million into Whitehaven Motor Yachts and is now looking to bring the boats to new markets, including the United States.
The Labor Department will issue its September employment report on Friday, but keepers of the nation’s numbers will have important things to tell economy watchers ahead of the bellwether employment data.
Australian builder Riviera said it has launched a recruitment drive to meet growing demand worldwide for its luxury motoryachts.
A few weeks after it was created, the Italian trade association Nautica Italiana said it has added 10 brands, bringing its membership to 35.
On Monday the National Association of Realtors told economy watchers that home resales fell 4.8 percent in August. It was the first decline in four months and a deeper drop than economists expected as the Federal Reserve continues to receive an overall mixed message about a U.S. economy that may or may not need the…more
The Obama administration eased rules Friday for U.S. citizens wishing to travel to Cuba or do business with its growing ranks of independent entrepreneurs, hoping to kindle greater economic freedom on the island. The Treasury and Commerce departments told the Associated Press that regulations taking effect today simplify procedures for tourism, telephone and Internet investments,…more
Lake Michigan will become the first America’s Cup freshwater venue in the race’s 165-year history after Chicago was tapped to host the series’ qualifying races next June.