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...sell well in a really harsh economy even on the strength of a powerful brand, especially if there is evidence that all the company's competitors are being pounded. A brand may be worth a lot, but when almost everyone has less money than they did a year ago, potential owners become aspirants. Apple products have the potential disadvantage that they are comparatively expensive...
...expected to report their results for the first few months of the year in the next two weeks. And despite positive statements from bank CEOs in recent weeks, earnings at nearly all of the nation's largest banks will likely have fallen in the first quarter versus one year ago. The one exception is Citigroup, which will probably report a loss, though less than a year ago. Citigroup's red ink this time around could washout at $1.8 billion. (Read "Citigroup's Mergers Business Is Still Thriving...
...There are also more puckish signs of a zeitgeist shift. A few weeks ago, the White House decided to stage a forum in which the President would answer questions submitted by the public; 92,000 people responded - and most of them seemed obsessed with the legalization of marijuana. The two most popular questions about "green jobs and energy," for example, were about pot. The President dismissed the outpouring - appropriately, I guess - as online ballot-stuffing and dismissed the legalization question with a simple: "No." (Read "Can Marijuana Help Rescue California's Economy...
...kukri strapped to Mekhman Tamang's hip belt is more than an ordinary family heirloom. When his father bequeathed the traditional knife to him 10 years ago, Tamang, a third-generation Gurkha soldier, also inherited the stout-hearted reputation tethered to thousands of Nepalese men who fought for foreign countries before him. Recruited by the British army in 1999, the 30-year-old soldier has braved hails of Taliban bullets during two recent stints in Afghanistan. But he is uncertain whether he will be able to pass down his kukri - or the Gurkha legacy...
...current role in Afghanistan. That's the prime focus of the summit media packages, which include hours of footage of NATO forces in Afghan villages, highlighting projects such as health clinics and schools. "I didn't even know the [Afghan] provinces when I came to NATO five years ago," joked outgoing Secretary General Jaap de Hoop Scheffer at a NATO Youth Forum in Strasbourg, France, on Thursday. "Now I think I know them...