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...InBev won a court ruling to end the blockade. The company's management says it still prefers to seek a negotiated solution with its workers, but the unions have threatened a full strike if the ruling is enforced. In the end, there is probably little the unions can do to prevent the job cuts, says Theo Vervloet, chairman of the Belgian Brewers trade association. "AB InBev is thinking on a bigger scale and wants to go for volume rather than quality," he says. In other words, AB InBev is focusing on a grand strategy, which means that what happens...
YouTube hopes its users will be just as willing to watch full-length feature films as they are clips of laughing babies. Beginning Friday, the video-sharing site will dip its toe into the movie-rental business, starting with five films from the past two Sundance Film Festivals...
...opposition to basic core reforms like making sure that consumers know what the fine print is when it comes to their credit cards or their debit cards or their mortgages. You're already seeing them resisting the idea that they should have a regulatory regime that isn't full of loopholes. And my attitude is that this is a fight that is entirely consistent with what we've done last year, it's entirely consistent with who I am and how I campaigned, and it's a fight that I welcome...
...though, many new owners have been unable to meet their overly ambitious rent roll increase targets, and many of these investments are in danger of buckling under the high debt servicing costs. Finance industry watch lists are already full of private-equity-financed deals in danger of default. That has local officials scrambling to find "preservation buyers" who are willing to take on these properties with the expectation of a more modest 7%-8% annual return...
...kids, and they keep me very grounded, and I've always had that balance. Just like with [his daughter] Ayla when she was on American Idol. Gail [Huff, his wife, a local television reporter in Washington] and I would always notice when she was getting a little too full of herself. My family regularly says, "You know, Dad, do you want us to enlarge the door and open up the double doors so you can come in?" So I have a good check and balance system. We all do as family members, kind of keep an eye on each other...