Word: foundering
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...they realize that the spotlight of this trial has already shifted away from Mumbai. India is putting intense diplomatic pressure on Pakistan to bring those accused to justice and lobbying its allies to do the same. What India most covets is the arrest and prosecution of Hafiz Saeed, the founder of LeT. Saeed was recently released from detention but has not been charged in connection with the Mumbai attacks...
...afford to ignore discounting from online retailers. "If they can't get the consumer off of Amazon and into their store, then they'll lose the entire share of wallet, not just the one product that they lost to Amazon," says Rick Smith, author of The Leap and founder of Marketing50...
Russell Hornsby, the founder of Cepia and a former Mattel employee, had long wanted to create a robotic pet for children. During a brainstorming session in May 2008, Hornsby and his fellow Cepia execs narrowed the choices down to three: a dog, a fish and a hamster. "Out of these, [a live] hamster is the one parents least like getting," says Natalie Hornsby, the company's marketing director, and Russell Hornsby's daughter. "So we figured a toy substitute would have some value." (See TIME's holiday gift guide...
...It’s absurd to think that blasting a massive hole in the ground isn’t going to cause a rodent problem,” said Jake Carman, a founder of the Allston Brighton Neighborhood Assembly. “The rats weren’t there before they started construction...
...Great Meltdown Were we Americans alone in our troubles? Hardly. The Asian tsunami of 2004 killed more than 200,000 people. And our financial meltdown quickly spread around the developed world. Yet from our lofty perch overlooking the 20th century - the American Century, TIME's co-founder once labeled it - the fall has been precipitous. Who among us is unscathed? Not many. Even if none of your family members died in combat, you had no money with Madoff and you own your house free and clear, you most likely still took a hit. To paraphrase the question Ronald Reagan posed...