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...worst of times for the restaurant industry, it's the best of times for McDonald's," says Burt Flickinger III, managing director of the Strategic Resources Group, a retail-consulting company. McDonald's reported global same-store-sales growth throughout 2008 - and in November, global sales rose 7.7% over 2007 (sales jumped 4.5% in the U.S.). In fact, the company's sales have increased for 55 straight months. Profits grew 11%, to $1.2 billion, in the third quarter of 2008 (the company will report its fourth-quarter results on Jan. 26). McDonald's and Walmart were the only two companies...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...most of the nation celebrated a hallmark of racial reconciliation on Tuesday, Oakland stood apart. For the past two weeks, the California city has been engulfed by racially tinged protests over the brutal New Years Day killing of 22-year old Oscar Grant III by transit officer Johannes Mehserle. Grant and a few friends were returning home from New Years Eve revelry, when they were stopped by Bay Area Rapid Transit Police for rowdy behavior. As documented by several amateur cell phone videos, Grant, who was unarmed, appeared to act cooperatively. Mehserle, however, threw him facedown onto the ground...

Author: By The Crimson Staff | Title: Policing the Police | 1/20/2009 | See Source »

...passengers to evacuate, as it is designed to do? Variables such as the size and direction of waves, the altitude of the aircraft, and the speed at which it descends vary widely from one situation to the next. The men who saved flight 1549, pilot Chesley B. Sullenberger III and co-pilot Jeffrey Skiles, will likely find their brains picked thoroughly over the ensuing weeks, says airplane safety expert Todd Curtis. "This will be a data-rich situation from which we can learn...

Author: /time Magazine | Title: Learning from Flight 1549: How to Land on Water | 1/17/2009 | See Source »

Sullenberger, Chesley B. III • horrific disaster is averted...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 1/16/2009 | See Source »

After logging some 19,000 hours of acclaimed but anonymous service in the skies, Chesley B. Sullenberger III became a hero in a New York minute. On Jan. 15, the pilot, known as "Sully," safely guided all 155 passengers and crew aboard US Airways Flight 1549 to an emergency water landing in the city's frigid Hudson River. The Airbus A320's twin engines had apparently shut down after sucking in a flock of birds. New York Governor David Paterson hailed his exploits as the "miracle on the Hudson." But to those familiar with Sullenberger's background, his grace under...

Author: /time Magazine | Title: Chesley B. Sullenberger III | 1/16/2009 | See Source »

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