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...Hyatt acted faster and gone pubic in 2007 or even mid-2008, before the bubble burst, valuations would likely be much higher, says Butler. "The hotel world fell off a cliff on Labor Day 2008 - the world truly changed in terms of values, liquidity, banking - all of the factors that are critical to valuation," he says...
...time in 47 years," Flickinger says. "They've gone from a D to an A-minus." Briefs and underwear have been shuttled to the back. "That's a smart move," Flickinger says. "People know to come to Walmart for the commodity clothing. Now, they have to walk past the higher margin, more fashionable merchandise to get what they need...
...study measured the effect of air pollution in healthy people in two cities - Ann Arbor, Mich., and Toronto - where participants were exposed in the lab to the same amount of particulates and ozone that would be found near a local highway. People who breathed in polluted air registered higher blood-pressure readings a short time after exposure, compared with those who breathed filtered air, and their blood vessels showed impairment as long as 24 hours later. Such prolonged hypertension is a known risk factor for both heart disease and stroke. (Read "The Year in Medicine 2008: From...
...findings, published in the journal Hypertension, offers a potentially new understanding of how pollutants can affect the heart. While previous studies have linked bad air - specifically, air laden with fine particulates smaller than 2.5 microns in diameter - with higher rates of heart disease and stroke, it wasn't clear exactly how the particulates did their damage. Nor was it clear which of the many components of urban air were the most hazardous - the fine particulates from burning fossil fuels that come from exhaust pipes, or the ozone gases that permeate most densely packed city streets...
...walked back a bit from its assessment that Pyongyang had a secret uranium-enrichment program, saying during a congressional hearing in 2007 that the intelligence community was assured only at "mid confidence level" that the North had a uranium-enrichment program. Its confidence, it turns out, should have been higher. (See rare pictures from inside North Korea...