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...Just rebranding Chinese products won't be enough for Li Ning to compete globally. The company also needs to deliver products that will help its élite athletes excel, a process Jay Li says is "half science, half art." Li Ning runs a "Global Innovation Center" in the same building as its Portland retail store, where footwear designers and biomechanic engineers lured from the likes of Nike, Converse and Adidas mix with designers from Li Ning's Chinese staff. On the wall, the innovation center has two clocks - one set to Portland time and one set to Beijing time. "This...
...strength to be evident in the housing market. "Recent estimates suggest that it would take about 33 months to clear all troubled mortgages at the current pace of liquidations," wrote Merrill Lynch analyst Michael Hanson in a recent note. Alex Barron, founder and senior research analyst at Housing Research Center LLC, has similar worries: "We need to be concerned about the homes that are significantly underwater but haven't yet defaulted," he says. "It may take another two, three or four years before we're well on our way towards a real recovery." (See pictures of the recession...
Alex Barron, founder and senior research analyst at Housing Research Center LLC, is more bearish. He says this latest program of foreclosure prevention is just another way to delay rather than solve the problem. "My head is spinning," says Barron. "They keep exacerbating the problem. All this government interference is simply prolonging the inevitable." Barron says the housing market needs to correct on its own at this stage - "and the sooner it's allowed to do so, the sooner we can get on to a real recovery...
...data was looking for a home, you know, and I was out pushing everybody’s button saying, this is a place where I want to host the data,” said Merrick L. Berman, research manager for the Center for Geographic Analysis and designer of the online portal...
Members of the “motley crew that is Ivy-League conservatism” need to defend their ideology against “the liberal center encompassing the majority of the student body and the administration,” Douthat said...