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So what's going on? First off, food deflation in 2009 impacted the entire grocery business. However, a strategic shift from Walmart backfired a bit. In order to implement its "Project Impact" plan, which called for less clutter in the aisles and more space given to other product categories like...
Of course, Walmart won't get pounded on price for long. "The time has finally arrived!" Weinswig wrote in a research note. "WMT [Walmart's stock symbol] is lacing up the gloves in the fight to win the modern day price war in food retail in 2010." Weinswig found that...
Cheung is particularly concerned about maternal perpetrators of filicide-suicide in Hong Kong, many of whom have been immigrants from mainland China married to local men. "These immigrant wives aren't eligible for welfare systems or public housing until they fulfill a seven-year residency requirement," says Cheung. "If their...
Grim stories like these have been showing up in the Russian press with increasing regularity in the past two weeks, prompting prosecutors in Moscow to go into damage-control mode. In a statement released March 17, the prosecutor general's office said it had already forced private contractors in Sochi...
All of this costs money, and with a federal-budget deficit of more than 6% forecast for this year, Russia does not have a lot to spare. Prime Minister Vladimir Putin has pledged an initial outlay of $12 billion from the budget to fund the construction projects, but that is...