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...Friday reported that industrial production plunged 9.6% in November, the largest month-to-month drop since Tokyo began measuring such data in 1953. "The problem is very serious," said Economy Minister Kaoru Yosano during a news conference. "It's impossible now to predict when the economy will hit the bottom...

Author: /time Magazine | Title: Sony's Woes: Japan's Iconic Brands Strained | 2/2/2009 | See Source »

...Looking at Japan Inc. as a whole, BNP Paribas' Shiraishi expects production levels to hit bottom in the second quarter of this year, and says some recovery might be seen in the second half of this year. Shiraishi adds that manufacturers could start growing again around 2012, when a wave of Japan's baby boomers will reach age 65 and begin to spend their nest eggs. "They've been saving a lot to prepare for their retirement," says Shiraishi. "That could be a stabilizing factor for Japan." One catch, he says: they probably won't buy more cars...

Author: /time Magazine | Title: Sony's Woes: Japan's Iconic Brands Strained | 2/2/2009 | See Source »

...he’s really stepped up [this season],” O’Connor explained. “He’s wrestled very well against a lot of good opponents. He’s come in and given us a bit of a spark at the bottom of the lineup, especially with the forfeit at 125 lbs.”Despite these standout performances–particularly O’Connor’s use of only 4:49 to invoke the technical fall rule–the two grapplers made little impact in a lopsided defeat...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Harvard Sputters In Match With BU | 2/1/2009 | See Source »

...publicly revealed until early January, have angered shareholders, some of whom have sued the company for not informing them sooner. And last week, the losses also led Lewis to ask Merrill's top executive, John Thain, to resign for failing to keep BofA officials apprised of his firm's bottom-line problems. Thain says Lewis knew all along. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

...action, appearing in only one game in each of his first two years, making Hatch, with Southeastern Conference experience to his name, seem the likely choice. But Murphy has yet to be convinced. If Hatch is eligible to play, “he would have to start from the bottom and work his way up,” Murphy said. While he waits for the resolution of his football fortunes, Hatch said, he is here for the “unique chance” to pursue a Harvard degree. “I had a great experience...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Hatch Has Returned to Harvard | 1/30/2009 | See Source »

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