Word: fastnesses
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...less than a month, but it's already getting about 6,000 hits a day. In part that's because the qualifications for entry are minimal. Anyone bored, lonely, grumpy or dejected (preferably all four) is welcome. Smeared makeup is a plus. So is a dingy background, like a fast-food joint or a room with wood paneling...
...Michael Rapino, chief executive of Live Nation, said this is no time to be getting in the way of business. "Every day, we are watching great American companies fail," he said. " These economic times require bold, fast action to innovate and grow...
...they somehow magically deserved all that success - "We're just really better than everybody else, and we always will be." The great irony is that leads to the undisciplined pursuit of more, and it's very hard to preserve your values and your basic model if you grow too fast...
...that misses a looming reality. American consumers, whose overspending largely got us into this mess, are still under massive pressure, owing to the record debt they racked up during the boom years. People are unwinding those burdensome obligations - from mortgages to car loans to credit-card debt - as fast as they can, but the process is sure to take years, and until it is complete, the economy can't fully bounce back. "Even though we're probably past the worst in the business cycle and probably even in the bear market, we're talking about something much bigger here," says...
...announcement left computer manufacturers scrambling to work out how to comply, and what the implications might be for their sales in China's fast-growing market. "It totally blindsided the industry," says Bryan Ma, a Singapore-based senior researcher with industry analysts IDC. Some computer makers aren't sure they can meet the July 1 starting date. "It'll be interesting to see what happens if some people say they can't physically get it done in time," Ma says...