Word: bustingly
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...salary cap--isn't the NFL virtually guaranteed to make piles of money? Not really: Europeans love their football (soccer) just as much, yet their leagues and team owners lose gobs of money. For instance, Italy's top league, the Serie A, is a mess. Several teams have gone bust, and one famous team, Lazio (the New York Jets of Rome), was forced to sell off top players to stay afloatthis despite big television contracts. "I've negotiated deals with all the major leagues, and I can tell you that this has nothing to do with luck. It has everything...
Since more than half of annual toy sales occur in the fourth quarter, some analysts say it's too soon to call the year a bust. Retailers are stocking less toy inventory this season, which should help them avoid profit-killing sales. Recent price surveys suggest that Toys "R" Us is more competitive with Wal-Mart this year, and Wal-Mart appears to be devoting less shelf space to its Kid Connection private-label toys--good news for brand names like Mattel and Hasbro. A weakening buck may also translate overseas sales into higher profits when converted back into dollars...
...Toys "R" Bust How video games are taking the fun out of the toy business...
While Silicon Valley has yet to recover from the dotcom bust, other parts of the state's economy are booming, including tourism, hotels and construction. The number of housing permits issued rose 4.4% from January to October. The defense industry, which lost 150,000 jobs with the end of the cold war in the early 1990s, has begun to grow again as a result of the wars in Afghanistan and Iraq. In the past four years, defense investment in California has increased 44%, and last year the state got $30 billion in military contracts, much of it in high-tech...
...decision unless the boss was around. Now he enjoys sitting with his employees over a meal of grilled pork and fiery Korean-style rice wine. His strategy is paying off. Debt is down 60%, and Eastel expects to eke out a small profit this year, while competitors are going bust. And the engineers are smiling again. --By Donald Macintyre/ Seoul. With reporting by Noel Yang