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...what's the takeaway from this data? First, some recession fatigue has set in. "People have done an awful lot of cutting back in the last 18 months," says Wendy Liebmann, CEO of WSL Strategic Retail. "There's not much more they can do. They've figured that it's not the end of the world here, and there are places where you can open up your wallets." She points to another stat: 1 in 4 of the shoppers WSL surveyed said they were "tired of watching every little penny and are ready to break out a little...
...story of her career turned out to be a tabloid-ready bombshell starring Suzy herself--specifically, her relationship with corporate titan Jack Welch. "Jack and I gave the press a magnificent cocktail," she told TIME recently. "You couldn't have made it up. Here we have a very famous CEO who's married, who has just written a big, best-selling autobiography, and he runs off with this mother of four who [is the editor] of the Harvard Business Review." TV trucks camped outside her home; paparazzi pursued her. Before long, Suzy, then 42, had been fired, and Jack, then...
Obama assembled all the major players - California Governor Arnold Schwarzenegger, GM CEO Fritz Henderson, Michigan Representative John Dingell - some of whom are still locked in lawsuits over California's earlier attempts to pass its own stricter fuel-efficiency standards. (Under the Clean Air Act, the state has the right to implement auto-pollution regulations that are tougher than national laws, provided that the Environmental Protection Agency issues a waiver, which was denied under George W. Bush.) For Obama, the simple fact that these habitually warring parties were willing to come together on the new requirements was as important...
...Kedge Martin, the CEO of Sentebale, says the recession presents challenges for all charities, and denies that Sentebale has been hit especially hard. "We're a strong and robust organization," she says. "The focus for that bank year had been to expand our work on the ground and to reach out to even more children and families. There wasn't a focus on fund raising...
...ruling party or opposition to make it clear what is at stake. Instead, power is split among the big political groups - the conservatives, the liberals and the socialists - who rule largely by consensus. "This makes it difficult for people to see how their vote matters," says Karel Lannoo, CEO at the Centre for European Policy Studies think tank. "Since they do not do anything like elect a European government, they do not feel they can change anything...