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...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 a 2-liter bottle of Coca-Cola, which recently cost the consumer $1.58 at a New York City-area Walmart, was now selling at the same store for 98 cents. "You're not going to ignore that," says Weinswig. "That's 'wow' pricing, and you'll think twice about going somewhere else.'" (See the best business deals...
...Texas hill country, attributes that help it attract desirable workers. For all these reasons, it hasn't been battered quite as hard as other cities by the recession; the unemployment rate was nearly 3 points below the national average at the end of last year. Still, the metro area has seen big job losses from major employers, including the computer maker Dell and semiconductor manufacturers like Freescale and Advanced Micro Devices. It's not hard to find the desperate stories here that you find throughout the rest of the country: the woman laid off from book publishing two years...
...Employers are stepping up too. A few blocks east of the state capitol stands a hospital, one of 10 in the metro area owned and run by the not-for-profit Seton Family of Hospitals. An adjacent building that used to be a children's hospital now houses a clinical-education center. Wards and operating rooms are filled with patients - sophisticated, computer-controlled dummies that nurses-to-be can use to receive valuable training. One dummy even gives birth...
...problems extend to the construction of the facilities. Sochi is known primarily as a sleepy beach resort on the Black Sea, not a skiing village. So not only will the Russians have to revamp much of the decaying Soviet infrastructure in the area - everything from roads to power lines - but they must also build six stadiums from scratch, along with an elaborate sports complex in the mountains outside the city. (See a TIME postcard from Sochi...
Biden's reported comments may simply be channeling a perspective coming from within the U.S. military, which now has nearly 200,000 troops stationed in the Muslim countries of Centcom's Area of Responsibility (AOR). Centcom chief General David Petraeus was blunt about the impact on his mission of the Israeli-Palestinian impasse in testimony submitted to U.S. Senators on Tuesday: "The enduring hostilities between Israel and some of its neighbors present distinct challenges to our ability to advance our interests in the AOR," Petraeus said in prepared remarks, adding, "The conflict foments anti-American sentiment, due to a perception...