Word: america
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This week the largest financial firms in the nation have been reporting how they did in the last three months of 2009. In two words: not good. Citigroup and Bank of America lost roughly $8 billion and $5 billion, respectively. The credit-card and mortgage businesses of JPMorgan Chase, which reported their earnings last week, were a disappointment. Wells Fargo posted a profit, but nonperforming loans and related charge-offs both jumped. Morgan Stanley turned a profit in the fourth quarter, but it was less than what analysts expected. Even earnings growth at Wall Street powerhouse Goldman Sachs somewhat slowed...
...year-old Brown won Cosmopolitan magazine's "America's Sexiest Man" contest and appeared nude in the June 1982 issue. Cosmo described him as "strong but huggable...
...Although initially supportive of the health care bill, Brown now objects because Massachusetts - where nearly all citizens now have health care coverage - would end up subsidizing other states' health care costs. (Read "5 Truths About Health Care in America...
...outrage, Crist last month won approval to empower a special statewide grand jury focused on public corruption. Fort Lauderdale has been especially hard-hit recently by major scandals involving figures from sheriffs to school-board members. "I love Fort Lauderdale," Scherer says. "It's the biggest small town in America. But it's still got to learn that all that glitters is not gold." And that wannabes who glitter are often big trouble...
...Global sales of wines from the New World - North and South America, South Africa and Oceania - jumped from 3% of the market to 30% between 1990 and 2008, causing serious concern among wine makers from France and other European countries. The French are now realizing that they must swallow their pride and take a page from the New World playbook in order to attract new, young consumers with little wine-drinking experience. According to Denis Verdier, president of the Confederation of French Wine Cooperatives, this means introducing "easy-drinking" products with labels clearly stating the type of wine instead...