Word: america
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...Doom and the Moon TIME's 10-year forecast as described in "10 Ideas for the Next 10 Years" is overconfident [March 22]. In the first entry, "prophets of doom" are seen as missing the reality of American "nimbleness and adaptability." Yet your story misses the reality that America is in a governance gridlock, which raises serious questions about the nation's ability to cope with current crises like debt, unemployment, the terrorist threat and a diminished competitive position globally. William Gruber Lexington, Mass...
...HOUSE OF COMMONS FOREIGN AFFAIRS COMMITTEE, referring to Britain's support of America's Iraq policy in a report calling for a reconsideration of the U.K.-U.S. relationship...
...artfully traces the development of the subprime-mortgage disaster. It sounds like a lofty ideal when Angelo Mozilo, a co-founder of Countrywide, says in a speech in 2003, "Expanding the American dream of homeownership must continue to be our mission, not solely for the purpose of benefiting corporate America, but more importantly, to make our country a better place." Countrywide and others made mortgages available to anyone with a pulse, aided and abetted by Wall Street, which created the market for exotic mortgage derivatives. By 2008, "banks and investors had plied the average American with mortgage debt on such...
Conglomerates have fallen out of favor in corporate America, and Motorola is the latest to be torn apart. As a separate entity, a company comprising the radio and networks units - both mature, stable businesses - could become a classic widow-and-orphan value stock that investors love, generating high dividends. Mobile, however, will be the growth opportunity. (See the best travel gadgets...
Strong brand recognition, though, will help Motorola recapture market share in Latin America, China and the U.S. Indeed, being a household name is one of the best competitive advantages Motorola retains, making its recent decision to manufacture phones branded with Google's name another questionable one. Already Motorola has had to pull Google from its phones being shipped to China after the search-engine company butted heads with the government in March. "That's O.K. for a less familiar brand like [Taiwan's] HTC," Gartner analyst Milanesi says. "But there is no value to Motorola in making phones for others...