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...Nike isn't shaking in its boots yet, but permanent dominance in American sportswear is never a shoo-in. When Li Ning opened its Portland retail store to the public for an hour on Feb. 15 for its grand opening, sneaker heads lined up for five hours to be among the first to own a pair of BD Dooms, basketball shoes named after NBA point guard Baron Davis. Jay Li admits they lined up "not because of Li Ning but because we have a world-class basketball shoe." (It probably also helped that Baron Davis himself was in the store...
Curran also worries about how this round of loan-principal reductions will play out among investors who buy mortgage securities and whether they may be reluctant to buy new mortgage loans if there's a chance the principal will wind up being reduced down the line. "The returns would have to rise to incorporate this risk," says Curran. "Either they'll have to be compensated or they won't participate." (See the best business deals...
Five departmental collections in the Museum of Comparative Zoology are facing a yearlong move from their age-old home on Oxford St. into the basement of the Northwest Science Building, after a series of clouded administrative indecisiveness that prompted some confusion among the staff...
...about 200,000 Israeli settlers in East Jerusalem, but the government doesn't regard them as settlers, as Netanyahu emphasized in Washington this week. It is doubtful whether any Israeli government could muster either the electoral mandate, or the manpower, to remove them, because there's a broad consensus among Israelis that at least the Old City should remain in their hands. And there are Israelis now so deeply settled in the middle of Arab neighborhoods, sometimes sharing the same building, that any attempt to draw boundaries in the city would likely present a constant source of tension, and even...
...Allawi headed a corrupt, inept administration that set a poor tone for Iraq's fledgling democracy. As an American appointee, he lacked street cred. He projected himself as a democratic strongman - a contradiction in terms that convinced few of his countrymen. Although a Shi'ite, he alienated many among the majority sect by espousing a secular view of Iraq. Many Iraqis were suspicious of his ties to Saddam Hussein's Baath Party, even though Allawi had left the party in 1975 and had survived an assassination attempt ordered by the dictator. (See what Allawi was like...