Miami is having a rough Summer - and unfortunately, local restaurants are absolutely taking it on the chin. International tourism is down - Miami-Dade reports international travelers declined about 4% year over year. That may not sound like a huge decline, but when you consider that most restaurants run on incredibly thin margins…even a small decline in visitors could be the difference between prosperity and [...]

As if Coca-Cola and the soda industry needed more bad news. As if announcing a string of factory closures thanks to falling demand, shifting consumer preferences, and the need to boost efficiency wasn’t bad enough… And don’t forget the new aluminum tariffs… Now Coca-Cola, Pepsi and other soda brands have to contend with new regulations aimed at reducing consumption. More specifically, the Department of Health and [...]

And just like that, whiskey doesn't seem like a great investment anymore. More specifically, Kentucky - the heart of the American whiskey distillery scene, and of course the heart of the famous "Bourbon trail" - recently lost three distilleries as the US whiskey market goes through its first big contraction in over 20 years. What's going on Alcohol has a well-deserved reputation as a sector that performs well to [...]

Michigan just can't seem to catch a break lately. On top of the news of six factories closing statewide, now there are even more losses incoming. Marshall Excelsior has announced plans to close three facilities by next March, with dozens of layoffs planned. As if that wasn't bad enough, Howard Miller - the famed clock maker with a 100-year history - has announced that it's going to wind up operations next year and [...]