Founded in the mid-19th century, French luxury leather goods maker Moynat became renowned for making traveling trunks for the moneyed set. Though a pioneer in its field, it fell on hard times and closed its doors in the 1970s.
These days, the fabled company is undergoing a resurrection — turning out limited quantities of luxurious, handmade bags that rely on centuries-old craftsmanship.
On a recent day, Moynat's CEO, Guillaume Davin, leads me up the back stairs of the company's flagship boutique in Paris.
For a long time, investors aiming for city profits have maintained that the smart money was on emerging markets. Economic growth in Brazil, Russia, India and China, the BRIC countries as they're known, has outstripped opportunities in the U.S. But in recent months, there is evidence that trend is starting to change. NPR's Yuki Noguchi reports investors are turning back to markets in the U.S. and other developed economies.
Originally published on Mon August 19, 2013 8:58 am
The professional connections site LinkedIn is launching a new section of its social network Monday: University Pages targets younger users who want to connect with colleges. More than 200 schools now have profile pages, according to LinkedIn. As part of the new effort, the company also dropped its minimum age to 14 in the U.S.
The new college profiles allow prospective students to see how many of a school's graduates are on LinkedIn, as well as a breakdown of the main fields in which they work. The pages also list the top employers of alumni.
Long Island art dealer Glafira Rosales is scheduled to be arraigned Monday on charges of money laundering and wire fraud. Prosecutors say Rosales was involved in selling $80 million worth of counterfeit Modernist paintings that turned out to be the work of one anonymous painter.
It's been nearly 10 months since Superstorm Sandy hit the Northeast — and coastal communities are still trying to rebuild. Many homeowners are turning to building professionals to reduce the risk of future floods. But in doing so, architects and designers may be exposing themselves to legal risk.
The Securities and Exchange Commission reportedly has opened a bribery investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business. JPMorgan says it is fully cooperating with investigators.