Word: june
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...first batch of numbers instilling hope that we've arrived at a bottom shows that house prices are beginning to creep back up. The S&P/Case-Shiller index of home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index has risen since the summer of 2006 (the other time was the month before). Once you adjust the data for seasonality - the fact that houses tend to sell for more money in the warmer months - the increase in July was actually the first since May 2006. Home-price data from...
...second quarter of 2009 alone, sales were down an eye-popping 30% across the company's three name outlets: the flagship Abercrombie brand, which has 567 stores; Hollister, a 520-store teen chain; and Ruehl, a 29-store chain for young adults that Abercrombie shut down in June. Abercrombie & Fitch lost $26.7 million, which includes $24.4 million in charges associated with the closing of Ruehl, in the second quarter. During the same period in 2008, Abercrombie scored a $77.8 million profit. "Abercrombie has mismanaged this economic downturn more than any other retailer," says Britt Beemer, CEO of America's Research...
...Staff writer June Q. Wu can be reached at junewu@fas.harvard.edu...
...Staff writer June Q. Wu can be reached at junewu@fas.harvard.edu...
...other CIA memo, dated June 3, 2005, claims Mohammed divulged crucial information about a plot to crash commercial airliners into Heathrow airport. But the same memo notes that "uncharacteristic for most detainees, [Mohammed] almost immediately following his capture, elaborated on his plan to [attack Heathrow]." This could suggest he gave up the information before he was put on the waterboard. But as with much of the eagerly anticipated documents, its meaning is anything but clear. Which means that far from ending the debate on whether harsh interrogation worked, the inspector general's report and CIA memos have simply provided more...