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...You’ve lived in both the United States and Ireland. What would you say are some of the biggest differences between...
Abroad, though, is also where UPS faces some of its biggest risk. Increasingly stringent environmental laws and rising costs for Asian labor and raw materials all make this business vulnerable. An even more immediate concern is the possibility of government-imposed tariffs or border restrictions. "Global trade is going to lead this recovery," Davis says. "I get on my bully pulpit against anything that could impede...
Using U.S. Census data from 2008, Portfolio.com surveyed the nation’s 420 biggest cities with populations above 75,000 and ranked their relative wealth based mostly on income and real estate prices. Cambridge came out as the 21st wealthiest center, with a per capita income of $47,938, almost twice the national average of $27,589. And how expensive exactly is a house in Cambridge? With the median price of homes hitting about $579,700, Cambridge is also the third most expensive city in the Northeast region...
...last January, admonishment for bankers on one hand and praise for President Obama on the other were abundant. European Central Bank President Jean-Claude Trichet applauded the Obama administration’s intervention in the U.S. banking system and blamed bankers for “generating the biggest financial crisis since the Great Depression...
...many of whom the consumption of grape wine is an aspirational and pleasurably exotic activity, much like sake drinking is in European or American cocktail bars. Facing stagnant sales at home, the Old World's lordliest vintners must leave their crumbling châteaus, and the New World's biggest brand managers forsake their suburban bottling plants, all to spruik their wares at Hong Kong's wine expos. The trade press is agog at a regional market thought to be growing at up to 20% a year and predicted to be worth $1.5 billion by 2017. (Watch TIME's video...