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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...

Author: /time Magazine | Title: How Panera Bread Defies the Recession | 12/23/2009 | See Source »

...discount might not be enough. Condos around the city that were selling for between $500,000 and $750,000 in 2004 are selling today for less than $300,000. Brownell says if he had marketing money to spend, "one of the last places I would think of trying to invest it is promoting [condos at] CityCenter. I don't think there's a great demand...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

Majcher says his fund's strategy is to seek out stocks that are wrongly considered risky or overvalued. "We screen for and invest in securities that are misunderstood," he says. "We'll tend to have stocks that look like they have poor characteristics, but when you dig a lot deeper, they don't." He said many of these companies have "temporary issues" that will go away and lead to higher stock performance. His portfolio trades at less than 10 times earnings, which is not overvalued, Majcher contends. "The portolio trades at less than 10 times earnings and the market trades...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

...Read "Another Deal Blown, Where Will China Invest...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...Omnipotence Obama's effort to downsize the war on terrorism is partly a function of personality and mostly a function of circumstance. George W. Bush loathed what he called "small ball." He saw both his father's presidency and Bill Clinton's as inconsequential and yearned to invest his own with world-historical significance. After 9/11, he immediately began comparing the war on terrorism to World War II and the Cold War - a global, generation-defining struggle against an enemy of vast military and ideological power that would transform whole chunks of the world...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

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