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Increased participation in the workforce by women of all income levels and marital status in recent decades helps explain why the home-organization industry has proved pretty resilient in the recession. Demand for products that help working moms deal with what is commonly referred to as the second shift - i.e., all the work they have to do after they get home from work - is projected to increase 4.3% annually to $8.9 billion in 2013, according to the Freedonia Group, a market-research company...
...reportedly pays him $30 million per year. "I think he has been really great," Nike chairman Phil Knight told the Sports Business Journal this week. "When his career is over, you'll look back on these indiscretions as a minor blip, but the media is making a big deal out of it right now." Woods' sexcapades and subsequent absence from the Tour might not hurt Nike's $650 million golf business as much as you think. Golf accounts for less than 4% of Nike's revenues. And according to Matt Powell, an analyst at SportsOneSource, a market-research firm, Woods...
More tactically, the Greek Cypriots also gained E.U. veto power, which they threatened to use last week to block the opening of five new chapters in the negotiations for Turkey's membership next year. "The problem as far as a deal is concerned is that Greek Cypriots are basically content. As it stands they are an E.U. member, they're happy and prosperous," says Munir. "They know that any deal will inevitably entail some loss for them and they don't like that idea." The Greek Cypriot leader who presided over that fateful referendum was Tassos Papadopoulos, the hard-liner...
...conflict. About a quarter of Cyprus' population of around 1 million is internally displaced. Talks on the sensitive issues of property and security have barely inched forward since last year, despite twice-weekly meetings. The problem now is that time is running out for the Turkish Cypriot side. A deal, or at least a concrete roadmap, would have to be agreed by late February to be approved in time for Talat's election run. "The only way really to get the Greek Cypriots to move forward is pressure from outside," says Munir. "But the question is who could apply that...
What's been good for Centcom has also been good for the high-tech U.S. arms industry. Despite the global recession, Arab states have signed huge deals for U.S. military hardware, whose sophistication has been on full display in two long wars in the neighborhood. Petraeus said countries in the region now deploy eight Patriot missile-interceptor batteries - up from zero a few years ago - made by Raytheon Corp. And the Pentagon last month announced that Kuwait had ordered upgrades of its Patriot missile system, in a deal worth $410 million. But Raytheon isn't the only beneficiary of anxiety...