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...delivery system: the U.S. Postal Service. I take my Netflix envelopes to one of three local post offices late each afternoon; they get to the nearest Netflix center the next day about 70% of the time. That's good, but not reliable. As one of the largest payers of first-class mail, couldn't Netflix exert a little muscle on the Postal Service - by which I mean the ones near me in lower Manhattan - to increase the rate of efficiency, and thus get movies to its subscribers faster...
...weaknesses. The German firm has a strong position in Latin America, where it is the leading car maker, and in China, where it is ahead of the pack despite intense pressure from GM. Interestingly, the German car maker's weak position in the U.S. market, the world's largest, has turned out to be a blessing in disguise during this crisis. Toyota has been hit hard by falling sales in the U.S. and is closing a manufacturing plant in California, the first closure ever for the world's largest car maker. VW, meantime, is using the downturn to refocus...
...Even so, it won't be easy for Winterkorn to deliver on his promise to make VW the world's biggest automaker by 2018. Winterkorn must defend VW's lead in China, which will soon become the largest car market in the world. According to IHS Global Insight, VW is now the largest manufacturer in China, with first half sales up 22.7% to 652,200 cars. But GM is rising fast in China, even as it struggles in the U.S., Europe and Latin America. (Read: "The Other...
...finance and accounting professionals had the skill sets to work for multinational companies. The report highlighted the dismal quality of education in many private colleges, where the curriculum is not in sync with industry needs. And this unemployable workforce is growing: India has the world's largest pool of young people, with nearly 60% of its population under 25, according to the National Knowledge Commission, a government advisory body on higher education. Of these, relatively few go to college. Currently, only 11% of those aged 17 to 23 sign up for higher education. Prime Minister Manmohan Singh wants to double...
...into the streets of central Tehran the night of July 30, overwhelming Iran's feared security forces. The crowds burned tires, honked horns, waved peace signs and chanted, "Death to the dictators." Because the demonstrators gathered in several neighborhoods throughout the capital as well as at the country's largest cemetery, 12 miles (20 km) south of the city center, the Basij paramilitary and Revolutionary Guards could not cover enough ground to control the growing crowds - one of the largest outpourings in recent weeks, albeit spread about the city. The protests even continued into the city's subway system...