COMMENTARY

Can Barneys rise again amid the global decline of department stores?

A FEW years back, I received a call from my credit card company asking me to confirm a suspicious purchase. It was a US$695 clothing purchase from Barneys New York. I was more than a tad amused. It was fraud, but how on earth did Visa know? I do like shopping for clothes, even if it's rare I...

COMMENTARY

Better to be born smart or rich? You probably won't like the answer

IS it better to be born rich or born smart? There's a definitive answer to that question - one, I am guessing, many people in the United States would rather not hear.