Word: fallen
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...mountain, where all the rank amateurs ski, conditions have been great. Some 35 feet of snow have fallen on Whistler through January. On Saturday morning, it was wet on the bottom but snowing hard at the summit, which at about 7,000 ft. is a mile higher than the base. Our guide told us not to worry. Whistler must have about 10 different weather systems on any given day, it seems. "We're going to drop a couple of hundred feet out of this cloud and it will clear up," he said. For 30 seconds we skied blindly, but then...
Before the ceremony began, the public-address announcer declared that the event would be dedicated to Kumaritashvili. The crowd gave the small clutch of Georgian athletes, clearly saddened and wearing black armbands in honor of their fallen teammate, a classy standing ovation as they entered the arena. Toward the end of the evening, International Olympic Committee president Jacques Rogge said a few words in Kumaritashvili's honor before the torch was lit: he genuinely seemed to be struggling...
...Toyota dealerships, meanwhile, customers have had to haul their cars in to have the sticky gas pedals repaired. Loyal Toyota owners now have a reason to flirt with other brands, though switching could cost them: trade-in prices for Toyotas have fallen. And at global headquarters in Toyota City, Japan, corporate officers belatedly grasped the seriousness of the situation and tried to make amends. "I apologize from the bottom of my heart for all the concern that we have given to so many of our customers," a chastened Akio Toyoda, grandson of the corporation's legendary founder, Kiichiro Toyoda, told...
...Japan Inc. was over; parts of its business culture had become sclerotic. Compared with the nimbleness seen in Silicon Valley, Japan's manufacturers and their systems began to be seen as inflexible, too removed from a changing global economy to adapt. Analysts describe a Toyota management team that had fallen in love with itself and become too insular to properly handle something like the current crisis. "The reaction to [the situation] is a very Japanese thing," says Kenneth Grossberg, a marketing professor at Waseda University's business school in Tokyo. Jeffrey Kingston, director of Asian studies at Temple University Japan...
...party investors, but that is only enough to keep EMI out of the bank's hands for 12 more months. What Hands really needs is a deal with Citigroup to slash EMI's debts. But like any good band in crisis, Hands and his onetime partners at Citigroup have fallen out. (See the top 10 albums...