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Still, the deepest discounting will likely come from retailers that sell electronics, books and toys, where competition from online vendors is fierce. Pricing wars have already erupted, with Walmart going head-to-head with Amazon. The two chopped prices on hot new hard-cover releases to less than $10 apiece for shoppers who preordered books on their websites. Similar price battles have been launched in toys and electronics, with Walmart's chief merchandising officer, John Fleming, proclaiming, "We're going to be the price leader for this holiday season." Best Buy's executive vice president of customer operating groups, Mike...
...Pets are a small-business success story. The toys are made by Cepia, a seven-year-old St. Louis, Mo., company with only 16 employees. "It's fascinating, as you talk to executives from other toy companies," says Storch. "They are thumping themselves on the side of the head, wondering, 'How did I miss this...
...Shaking her head, Stabenow jumped in again. "This health care debate is not about changing current policy on abortion," she said. "There is no funding for abortion. So there should be no problem." Unfortunately for Stabenow and other Democrats, in the month since that meeting, abortion has become very much a problem - if not the biggest hurdle - in passing health care reform...
...economy and position as America's primary creditor, now carries far more weight in U.S. calculations. "The ground reality is India at the moment does not count for the U.S. in the same way that China and Pakistan do," says Bahukutumbi Raman, a former top Indian intelligence official and head of the Centre for Topical Studies in Chennai...
...with three children singing in an imaginary bee language. Eager to defend its title, Georgia put this year's act through four months of training and arrived in Kiev with an entourage of 21 people, including two vocal coaches, a stage producer, a choreographer and a psychologist. Maia Baratashvili, head of Georgia's delegation, sees Junior Eurovision not as a mere variety show, but as a glimpse into the region's collective psyche. "The West is leading today, so the countries of the former Soviet Union want to see themselves as a part of Europe," she says. "We can compete...