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...reporting negative same-store sales (down 0.6% in November), Panera's continued growth stands out. "I've never seem restaurants this competitive," says Bob Derrington, an analyst at Morgan Keegan and a 30-year veteran of the industry. "It's a flea market out there. For Panera to keep their prices and still succeed like this - it's an astounding achivement." (See the best business deals...

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

Jerold Solovy is 79 years old and has been flying American Airlines for 64 years. He cannot even recall when he crossed the 10 million mile mark. "I think I passed it last year; I wasn't keeping track," he says. "American Airlines wrote me a nice letter. They advised me I crossed. They keep me posted." A letter? He admits he might have even lost the thing during a recent office move. "All I'm doing is throwing away things. I'm sentimental about my grandkids, but that's about it." Still, he's proud of the status...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

...Democrat feared, insurers - fattened by billions of dollars in new government subsidies and a new requirement that most Americans purchase insurance - would run rampant, jacking up prices and padding profits and executive salaries. But Rockefeller and several other Democratic senators also had their eye on a different way to keep insurer profit margins within reason: setting strict minimums on what proportion of premiums must be spent on health care...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

...report on the regulations, said insurers might react to new thresholds by "cutting back on efforts to restrain benefit costs through care management." Translation: Anything that doesn't count as "medical costs" may be on the chopping block, including exorbitant executive salaries but also programs to keep patients healthy. There is also a fear among health policy experts that some insurers could raise premiums in reaction - higher premiums means more money spent on health care, but also more left over for profits. Another unintentional consequence might be insurers overpaying for some health services to keep their MLR averages high...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

...world would we be shipping parts for our glorious Taepodong 2 missile to Iran, when the entire world is worried about their nuclear program? Because some of my close comrades here in the Party run the trading company that sells the missiles, and the way I keep them loyal is to let them make some money...

Author: /time Magazine | Title: Dear President Obama: What North Korea Might Say | 12/22/2009 | See Source »

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