Richard Branson now only owns 20% of the airline he created. Air France/KLM nabs 31%. Delta, China Eastern each take10% in Air France/KLM and the CEO tells Richard Quest the reason why. Video CNNMoney New York Manhattan Business Club USA
It appears that online retailing is taking over the traditional brick and mortar type of economy. Overstock.com CEO Patrick Byrne shares his thoughts on this thoughts on this, as well as the launch of Overstock’s new car site. Cheap money will enevitably lead to recession, he states.