Word: creditably
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...exceptional items," would be down from the previous year. Some of its best-known brands - including Tanqueray, Jose Cuervo and J&B - are relatively stagnant. But the famous stout is fighting back by growing in markets like North America and Africa. Michael Bleakley, a beverage industry analyst with Credit Suisse First Boston in London, says of Guinness's global reach: "Everyone used to think that Heineken was the Coca-Cola of beers, but Guinness has cracked that now." That's an optimistic view: Guinness, the world's best-selling stout, cannot touch Budweiser or Heineken in sales. Still...
...MICHAEL BLEAKLEY, analyst, Credit Suisse First Boston
...rely on observation and experimentation. But any conclusion about the nature of truth that relies solely on observation and experimentation cannot be a valid statement if it is based on those two principles alone. C. Donald Smedley New Haven, Connecticut, U.S. Watson and Crick deserve a lot of credit for their discovery of the structure of the incredibly information-rich DNA molecule. There is a vast difference, however, between its original inspired design and its eventual discovery by humans. Gideon Thom George, South Africa Moore Concerns If the assertions Michael Moore makes in his film Fahrenheit 9/11 are factual [July...
...zombie" companies, enterprises that continue to operate despite crushing debt and chronic unprofitability. Daiei is carrying debt of nearly $10 billion. It has little hope of ever repaying, but it has always managed to convince a trio of lenders?UFJ, Sumitomo Mitsui Bank and Mizuho Holdings?to extend additional credit at crucial moments in order to keep it alive. UFJ is urging Daiei's management to accept assistance from the Industrial Revitalization Corporation of Japan (IRCJ), a state-backed bank designed to overhaul Japan's most hapless companies. Meanwhile, U.S. retailing juggernaut Wal-Mart, which already owns 38% of Japanese...
Watson and Crick deserve a lot of credit for their discovery of DNA's structure. There is a vast difference, however, between its original inspired design and its discovery by humans. GIDEON THOM George, South Africa