Word: flagging
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This month the game is looking frenzied. On Dec. 1, Ryanair made a $1 billion takeover bid for Irish flag carrier Aer Lingus, the second such offer from Ireland's no-frills airline in as many years. The Irish carrier has rebuffed the offer, but shareholders have until Jan. 5 to decide. (See TIME's Top 10 business deals...
Those airlines lacking resources and scale may have little choice but to yield to larger ones, analysts say. Alongside Air France-KLM - Europe's biggest airline and still a favorite to grab a minority stake in beleaguered Italian flag carrier Alitalia - and the ever growing Lufthansa, an enlarged BA and Ryanair would mean "for most of the smaller network airlines who have a very weak balance sheet, they're going to have to fold into one of those four groups," says Exane BNP Paribas' Van Klaveren. Scandinavian Airlines (SAS), for one, "will survive 2009, but I doubt it can survive...
...those days they slipped - in the number of drinks they consumed, with a smaller percentage of sessions classified as heavy drinking sessions (five or more drinks for men and four or more for women). These results were actually consistent throughout the year, but the fact that they didn't flag during the holidays proved the benefits of the drug in a particularly high-risk season. "This was an opportunistic look at a period of time in the year known to be associated with high levels of relapse," says Rosenbloom...
...firm Friehling & Horowitz - which reportedly had offices in a strip mall and had only three employees, including a secretary, an accountant and a partner in his seventies who lived in Florida. Industry experts now say that the size of Madoff's accounting firm should have been a giant red flag...
...become almost a clichéd gesture to hurl shoes at a poster, a flag or a statue during demonstrations in the Arab world. Perhaps the most iconic example was when U.S. troops helped bring down a statue of Saddam Hussein in Baghdad's Firdous Square on April 9, 2003. Hundreds of Iraqis assailed the giant metal corpse, beating it with their shoes in one of the defining images of the fall of Baghdad. How ironic then that President Bush's farewell trip to Iraq will be marked by the image of an angry Iraqi and his shoes. (See pictures...