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...Panera's credit, the company didn't sit completely still in 2009. While the restaurant world cut staffs and shuttered stores, Panera continued to invest. "We've been basically opening up a new store every five days," says Shaich. "This is the time to grow. Real estate costs are down, development costs are down, volumes are up - these are the highest-return investment stores we'll ever generate." Panera has hired 20,000 new workers, rolled out new menu items, and improved the lettuce quality in its salads. Salad sales are up 30%. (Read a brief history of peanut butter...
...addition, the discovery may help expedite the production of flu vaccines, according to Elledge. By deactivating the IFITM genes in laboratory cells, scientists could grow influenza vaccines in these cells much more quickly. The larger crop of viruses can then be used to produce more vaccines...
...Indian market for alcohol - mostly spirits and beer, as well as wine - totaled $14 billion last year, and was one of the fastest-growing alcohol markets in the world. Imports account for only a tiny fraction of that, but with India booming while demand elsewhere stalls, no international beverage company can afford to ignore it. Over the next five years, the Indian market for alcohol is projected to grow at 10% a year - more than in China, the U.S. and Europe combined, according to an estimate by KPMG India. "You've got a sizable population, a growing middle class...
...meantime, beer companies have found other ways to get their products into Indian glasses. Brewers have used joint ventures, dedicated local breweries and local contract farmers to expand distribution and lower their costs. SAB Miller, for example, contracts 10,000 farmers in the northern Indian state of Rajasthan to grow barley for all the beer they sell in India - including Foster's, which is branded as Australian but brewed in India. The company has been operating in India since 2000, and last year made a profit of about $7.5 million on $230 million in revenue - enough to convince...
Immediately after 9/11, a combined U.S.-Yemeni effort to decapitate the Islamist group's leadership in the country and dismantle its infrastructure met with considerable success, Johnsen says. But since 2006, al-Qaeda has managed to regroup and grow stronger as Yemen's government struggles to hold on to its territory amid multiple rebellions and rising poverty. Now, Johnsen adds: "You can't just kill a few individuals and the al-Qaeda problem will go away." (See a story about whether Iran is causing trouble in Yemen...