Tag: downturn

NEW YORK (Reuters) - As layoffs loom and pensions plummet, more people are unrolling their yoga mats and polishing their poses to find flexibility and sanity amid the financial chaos.

Fitness experts say gym memberships are holding steady, or rising, and yoga classes are thriving.

CHICAGO (Reuters) - Bigger may be better for sports team owners trying to survive an economic slump that is battering even businesses once believed to be recession resistant.

Smaller teams and leagues, especially those without hefty broadcast rights deals , such as indoor football, beach volleyball and women's sports, will be squeezed as sponsors and fans slash spending, analysts and sports bankers said.

Even the bigger sports like NASCAR, the National Basketball Association and Major League Baseball are cutting costs as executives scramble to stay ahead of what most economists believe will be the deepest recession in decades.