Word: coeds
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...with clients to create new products, eschewing fees in exchange for a piece of the action. London agency Erasmus and Coca-Cola jointly developed an energy drink called Relentless that is being rolled out globally. "It's all about shared risks, shared rewards, shared ownership," says Graeme Dignan, Erasmus co-founder. (See business bucking the recession...
...never hit it big, Prechter joined Merrill Lynch in 1975 to do technical analysis, also known as chart-reading - the search for patterns in the movements of securities. The most famous of technical approaches is Dow theory, a rough model of market waves originally described by Wall Street Journal co-founder Charles Dow at the turn of the 20th century and refined and popularized in the subsequent decades by Journal editor William Peter Hamilton. Prechter studied Dow theory but soon moved on to the mostly forgotten work of Ralph Nelson Elliott, an accountant who, while bedridden in the 1930s, charted...
Even so, fear of anti-Muslim demonstrations or violence persuaded some worshippers to skip Friday prayers the day after the massacre. "I told my kids to stay home," says Faheem Qureshi, 48, an engineer at Ford Motor Co. "When something like this happens, you take no chances." Marwan Wehbe, 43, a manager at a national restaurant chain, agrees: "There's a feeling there's going to be a backlash." Some worry that law enforcement may not be on their side; they cite the killing of a controversial Detroit imam during an FBI raid of his mosque last month. (See TIME...
...foreign nations that Afghanistan would never again be used as a launching ground for international terrorism, as it was before 9/11. "We assure all countries," he said, "that the Islamic Emirate of Afghanistan, as a responsible force, will not extend its hand to cause jeopardy to others." Thomas Ruttig, co-director of the Afghanistan Analysts Network and author of a recent book on the war, is convinced that the Taliban is trying to send a message. "They are presenting themselves as a parallel government. Even before 9/11 they wanted to play ball. We didn't take them seriously then...
...China effect routinely seek out the least expensive cell phones, televisions and clothing and demand that companies whose stocks they invest in show double-digit profit growth. Procter & Gamble needs the supercharged gains of its Oil of Olay brand in China to remain compelling to investors. The Otis Elevator Co., a unit of United Technologies, makes great elevators, but it's China that's erecting thousands of skyscrapers. And the same Chinese who snap up copies of China Is Not Happy seek business deals with American companies, crave access to U.S. intellectual property and hunger for the brand-name goods...