Word: blows
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...also finds a hero's welcome in this green and pleasant land. "Good on you, mate!" bellows an admirer, craning dangerously from a top-floor window as an old man sprints over to glad-hand his idol and motorists honk their appreciation from passing cars. (Read "European Elections: A Blow to Brown, Boost for Merkel...
While there's no such trouble at HSBC or Barclays, Monday's interim results presented challenges of a different kind. Both lenders leaned heavily on lucrative investment-banking units to soften the blow from bad debts in the commercial or retail arms of the groups. Owing in part to its purchase last fall of Lehman Brothers' U.S. operations, profits at Barclays Capital doubled in the first half of the year, to $1.7 billion. The group's charges for bad debt, meanwhile, leaped by a similar rate, to some $7.7 billion. Vital to the bank in coming years: reducing its reliance...
...birthday's not a birthday without a cake, of course, and Bubba's that year was so huge that he needed daughter Chelsea's help to blow out the candles. His was far from the biggest, however. At one of the 6,000 parties thrown in honor of Franklin Roosevelt's birthday in 1934, 52 young girls - one for each year of the President's life - paraded through New York City's Waldorf-Astoria hotel wearing frothy white satin-and-chiffon gowns topped with hats shaped like triple-tiered birthday cakes. Each carried in her right hand a long pink...
...Funny People's subpar returns dealt another body blow to its distributor, Universal Pictures. Big releases like Land of the Lost, Brüno, Duplicity and State of Play have all underperformed this year. Public Enemies has done O.K., but with its $100 million budget, the Johnny Depp crime melodrama hasn't come close to making back its costs after five weeks in North American theaters, and it's all but comatose abroad. The studio's one ginormous 2009 hit is Fast & Furious, which has earned nearly $350 million worldwide on an $85 million budget. Except for the Vin Diesel...
...fight for human rights in Russia suffered another devastating blow on July 15, when Natalya Estemirova, Chechnya's most outspoken human-rights activist, was murdered just hours after being kidnapped from outside her home in Grozny, the capital of the troubled republic...