Blog Posts by Rebecca Stropoli

  • Israel's Yvel: Crafting Jewelry, Helping Immigrants

    The husband and wife team behind Yvel, an internationally renowned jewelry design and manufacturing company based outside of Jerusalem, has crossed the globe many times over in the search for the “next big thing” in gem stones. Yet one of the key aspects of their business is rooted very close to home.

    Isaac and Orna Levy are the faces behind Yvel, established in 1986 and part of an industry in Israel that brings in annual revenues of around half a billion dollars, according to recent statistics from the Israeli Jewelry Manufacturer’s Association. Yvel’s products are sold in more than 650 stores internationally; its high-end designs -- which focus on pearls, gold and multihued sapphires -- have been worn on the red carpet by celebrities including Scarlett Johansson, Katy Perry, Selena Gomez and Rihanna. Yvel has also nabbed multiple design awards, including the prestigious Town and Country honors – the “Oscars of the jewelry world."


    All photos by Rebecca Stropoli, except for portrait of

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  • The Week Ahead in Finance News: What to Keep an Eye On

    On Friday we all learned the true meaning of the old saying, “What goes up must come down” as the Dow finally ended its winning streak after hitting record after record and inspiring the likes of Mila Kunis (who just might be responsible for the pullback). Still, the blue-chip index logged a fourth straight week of highs after ending its 10-day streak. The S&P 500 also came within mere points of its all-time closing high, only to pull back as well, but the index (along with the Nasdaq) saw a third straight week of gains.

    What will next week bring? The scheduled events include a two-day FOMC meeting, which will conclude on Wednesday with a statement, outlook and presser with Fed chief Ben Bernanke, whom some are saying “thank you” to as they check out their (at least for now) fattened portfolios. Expect the euro zone to also be a focus, as the news of Cyprus's bailout -- and the hit to bank customers there -- made headlines on Saturday.

    Here are some things to look out for in the week

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  • IPO Scorecard: Norwegian Sails Successfully

    The cruise industry has experienced a wave of negative publicity in recent months, from February’s five-day sea voyage from hell on a Carnival (CCL) ship to the recent outbreak of the notorious norovirus on a Royal Caribbean (RCL) trip. On Thursday yet another report on power outages and overflowing toilets aboard a Carnival ship was released.

    These wildly unpleasant and highly publicized events followed some more-tragic cruise-related headlines, including the January 2012 capsizing of the Costa Concordia in the Mediterranean Sea.

    Credit: Associated Press

    But a smaller cruise line is actually emerging as a winner on one list in 2013: The IPO returns tally. Norwegian Cruise Lines (NCLH), which went public in January at an offer price of $19 per share (above the expected range of $16 to $18), has so far returned 62% to its earliest investors. Its first day of trading saw more than a 30% lift, with the stock closing at $24.79. Shares are now trading at more than $30.

    [See related item: Facebook Debacle Stands

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  • Carnival’s ‘Triumph’ Is Anything But

    Recent cruise ship fires
    Allure, April 20, 2012: Dubbed Royal Caribbean's "signature ship," the world's largest cruise ship had to change course to keep smoke from a "small and short-lived engine fire" from blowing back into the vessel.
    Azamara Quest, March 31, 2012: The ship drifted off the Philippines coast for 24 hours due to an engine fire, which injured one crew member. Power was restored and the ship made port to Malaysia; some passengers remained to finish the trip.
    MS Costa Allegra, Feb. 27, 2012: After a generator fire, the vessel had to be towed over the course of several days — across pirate territory — to the Seychelles.
    Costa Concordia, Jan. 13, 2012: After its captain ordered a change in its route, the cruise ship struck a rock and ran aground off Italy, leaving 32 dead. The captain's trial for manslaughter is due to be held this spring. Salvage operations are estimated to conclude this September.
    Bahamas Celebration, Dec. 21, 2011: The crew extinguished a fire in one
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  • The White House today is hosting Y! Finance Breakout's own Matt Nesto for a post-State of the Union discussion on jobs and the economy. He is joined by Dr. Alan Krueger, chairman of the president's Council of Economic Advisers.

  • 2013 State of the Union: Let Your Voice Be Heard

    On Wednesday at 2:30 p.m. ET, the White House will be hosting Y! Finance Breakout's own Matt Nesto for a post-State of the Union discussion on jobs and the economy. He will be joined by Dr. Alan Krueger, chairman of the  Council of Economic Advisers. Submit questions on Twitter (#WHChat #SOTU and #YFinSOTU), Facebook or in the space below. Let your voice be heard! **

  • Y! Finance and the White House Answer Your Questions on the ‘Cliff’ Deal

    Congress avoided the "fiscal cliff" but the deal raises many questions. The White House answered some of these on Friday during the Yahoo! Finance #FiscalCliff411 Twitter chat. For some of our favorite questions (answered and unanswered), click here.

    And here you can see the full chat, with questions answered by Brian Deese, deputy director of the National Economic Council.

    Stay tuned for more: The conversation is just getting started.

  • Stocks That Popped in 2012

    2012 was a year complete with mixed economic data, "QE infinity" actions from the Federal Reserve, ever-present euro zone worries, a "Wall Street is rigged" sentimentality and, of course, the continuing "fiscal cliff" soap opera. But for all the uncertainty that reigned amid the signs of a continuing -- if maddeningly sluggish -- economic recovery, the market overall saw some pretty solid returns. So far for 2012, the Dow Jones Industrial Average is up around 5%, the S&P 500 11% and the Nasdaq 15%. There has been some late-year loss due to "cliff" fears, and this may accelerate as we near 2013 with no budget deal yet sealed. But this seems like a good time to take a look at some of the stocks that have performed particularly well this past year.

    Gap Clothing Display: Credit Siemond Chan

    For this exercise, Yahoo! Finance chose to go with the S&P 1,500 index, which includes the S&P 500 index of large cap stocks along with the MidCap 400 and SmallCap 600. Naturally, the smaller the market cap of a company is, the easier it is

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  • Businesses React to Newtown Tragedy

    Following the initial visceral, emotional reaction to the tragic shootings at Sandy Hook elementary school in Newtown, Conn., the conversation naturally turned to the major issues at hand, such as gun control laws, Second-Amendment rights and the state of mental health care in the U.S.

    And while we are still in the very early hours of the "aftermath" stage, businesses, too, have started to rethink certain practices as they weigh public sentiment and consider the possible impact this incident might have going forward.

    Superstore Walmart (WMT), which sells guns at 1,750 of its 4,602 stores and ranks No. 1 in firearm and ammunition sales compared to its national competitors, has reacted by pulling one gun from its Web listings: the Bushmaster Patrolman's Carbine M4A3 Rifle. This gun is a popular, military-style rifle which, because of added barrel length, is legal for sale to individuals.  It is also in the same family of rifles as the one used by 20-year-old gunman Adam Lanza in the

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  • Facebook Debacle Stands Out in Mixed Year for IPOs

    On May 18, 2012, after months of unprecedented hype, the world was waiting in anticipation for social-networking behemoth Facebook (FB) to join the ranks of publicly traded companies, even as some asked why it would want to go public at all.

    Associated PressYes, waiting ... and waiting ... and waiting. The scheduled 11 a.m. ET debut time for its first Nasdaq trades came and went -- and trading did not commence. Thus began the fiasco that will forever be known as the Facebook “Faceplant,” an epic tragedy that came complete with tech glitches, botched trades, burned investors and a wave of lawsuits, even as the company added a cool $16 billion to its coffers and earned the title of “Biggest Internet IPO Ever.”

    After finally beginning to trade 30 minutes late amid Nasdaq malfunctions and a “fix” that kept some panicked investors and brokers in the dark about their trades for more than two hours, Facebook shares saw a brief pop (supported by underwriters) to $45 before ending the day just 23 cents

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Pagination

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