The holidays drew sell-out crowds to Disneyland. Could this be a sign that its all-important parks and resorts may turn into money makers in 2011? That would be a big change from last year, when they pulled down overall earnings growth.
Tourism accounts for around 20% of Jamaican GDP, but the recent four-day gun battle in Kingston is having an impact well beyond where it happened. Tourists are scared off -- even from resorts far from the unrest -- ending what has been a great year so far.
Morgan Stanley has decided to cut its losses in Atlantic City. The investment bank is selling its stake in the Revel casino and taking a "substantial loss," one that some analysts estimate could amount to $800 million to $1 billion.
