2. The companies that have tried — and so far failed — to create a sustained ETF boom in Asia say the need for wholesale reform suggests the market will be defined by a protracted effort to convince both the regulators and customers to redraw the scenery.
4. A few years back, a flying bicycle called the "Paravelo" was invented. And it isn't called a flying bicycle for fun. It is a bicycle (with a large parachute on top) that actually flies. It travels around 25 kilometers per hour (15 mph) on land and 40 kilometers per hour (25 mph) in the air. It can also fly up to a height of 1,200 meters (4,000 ft). The best part? You don't need a pilot's license. The Paravelo has been called the world's first flying bicycle, a title we must point out it does not really own.
5. A devastating financial crisis led business owners and corporate executives to be especially wary about adding staff or investing in new equipment. Some worry about risks from Washington or overseas. Others are seeing consumers maintain their slow-but-steady spending, providing little incentive to deploy their cash stockpiles.