Word: high-end
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...ever making it to one of the top three spots. The company has already fired thousands of people, so it is lean, maybe too lean to grow. IBM has been watching Hewlett-Packard become a more formidable competitor. And, Cisco (CSCO) recently said it would get into the high-end server business. The number of huge companies that want a piece of IBM's business seems to be growing. IBM gets new technology by buying Sun, but, more importantly, it gets Sun's market share...
...very traditional kind: the long lines and soft fabrics of Hollywood Golden Age couture. From 1964, when he captured Jacqueline Kennedy's attention and began clothing her in a monarch widow's blacks and whites, the little man with the slim, feline smile has outfitted a host of high-end one-name celebrities - Liz, Diana, Julia - and the Euro-royalty whose tastes influenced the decisions of retail buyers, country club wives and the more ambitious shopgirls...
...grandson of Antonio Ordóñez and the grandnephew of Luis Miguel Dominguín (the two men's rivalry was famously depicted by Ernest Hemingway in The Longest Summer). Rivera and his equally dashing brother Cayetano, also a bullfighter, have modeled for Armani, hawked high-end watches, appeared in the pages of Vogue and been featured on the American news program 60 Minutes. They have also tended toward prominent matches - Francisco was married to Eugenia Martínez de Irujo, daughter of Spain's most titled aristocrat, while Cayetano was wed to Blanca Romero, a model and actress...
...Today, as beleaguered investment banks shutter offices and commodity prices and trade flows plunge, Credit Suisse estimates that hundreds of thousands of expat jobs are disappearing from Singapore. Property prices, particularly of high-end homes, are expected to fall some 50% as the recession gathers force...
Unfortunately for developers like him, that does not appear to be forthcoming. The central government, in the just completed National People's Congress, offered new subsidies only to create more "affordable" housing for lower-income citizens and stiffed the more high-end developers, despite a fierce, behind-the-scenes campaign to press for help among big property developers. In fact, the outcome - more subsidized housing (about $4.8 billion worth) for relatively low-income citizens - is exactly what most developers didn't want to happen, because they look at the lower cost housing as just more competition in an already glutted...