Word: lateralism
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...Less than two years later, Li Ning the company is still soaring. In March, Li Ning Co. reported a more than 30% rise in profit in 2009. Li Ning started his sportswear company in 1990, building it into a giant, with 2009 sales considerably more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed...
...Then there's the elephant in the room: jobs. The U.S.'s unemployment rate, which stood at 9.7% in February, is expected to hit at least 10.3% before peaking later this year, according to Gus Faucher, director of macroeconomics at Moody's Economy.com. Says Brinkmann: "The fundamental driver in demand for housing still comes down to jobs." (See 10 ways your job will change...
Tonight’s squash assortment didn’t quite hit the spot? Boca burger suddenly lost its appeal? Lunch’s centerpiece doesn’t look as appealing six hours later? Brain break’s got you covered...
...CPAC) in Washington in late February for his role in breaking the ACORN story, he called New York Times reporter Kate Zernike "despicable" for writing in the Times's Caucus blog that a young CPAC speaker employed racial stereotypes during a speech critical of President Barack Obama. Two days later, Breitbart got into a verbal altercation with freelance writer Max Blumenthal. "You are the lowest life-form I have ever seen," Breitbart said. Blumenthal's putative offense had been to accuse O'Keefe in an article for Salon.com of attending a gathering that featured "white nationalists." All these outbursts were...
...carbon tax had been plagued with troubles from the start - including the near refusal by rightist legislators to pass it until the Elysée whipped them into line in November 2009. A month later - just days before it was set to take effect - France's Constitutional Council struck the law down because it unlawfully applied measures to consumers while exempting French companies, by far the biggest carbon emitters. Sarkozy pledged to widen the measure to include businesses. But that only mobilized France's employers' lobby. With the voters finally having had their say, Sarkozy has decided to shelve...