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...Obamas have celebrated Christmas in Hawaii, where the President grew up, nearly every year since the girls were born. But while Obama can still visit his favorite shaved ice joint and body-surfing spots, he doesn't have a childhood church home to attend. His mother wasn't a churchgoer, and Obama writes in "Dreams of My Father" that his grandparents took him to church infrequently. (See the top 10 religion stories...
...meantime, beer companies have found other ways to get their products into Indian glasses. Brewers have used joint ventures, dedicated local breweries and local contract farmers to expand distribution and lower their costs. SAB Miller, for example, contracts 10,000 farmers in the northern Indian state of Rajasthan to grow barley for all the beer they sell in India - including Foster's, which is branded as Australian but brewed in India. The company has been operating in India since 2000, and last year made a profit of about $7.5 million on $230 million in revenue - enough to convince...
Early this year, the company was in the grip of what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital, the casino company was left with two choices: walk away from CityCenter or try to work out a deal with MGM Mirage's bankers. (See the 10 worst business deals...
...couple of weeks. But by bungling the first one and choosing to stretch out the proposed strike over 12 days - a duration BA staff weren't aware of at the time of the ballot - Unite may have let the momentum swing BA's way. Derek Simpson, the union's joint general secretary, admitted on Dec. 15 that the length of the stoppage was "probably over the top." Passengers, meanwhile, sided firmly with the airline. "It is disgusting that BA staff realize they can throw their weight around and ruin so many people's holidays," Londoner Anthea Barteau told...
...Alaska." He added that the U.S. has other ways of destroying such weapons, including attacking them during the several days it takes to ready them for launch. "All ICBMs right now associated with Iran and North Korea are pad-launched," added General James Cartwright, Vice Chairman of the Joint Chiefs, at the same session. "They're very visible, they're up above the ground, and you can go after them before launch if you so desire. We're not advocating pre-emptive, but it is a physical capability that we possess...