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Duncan has been a big proponent of turnarounds since his days as head of the Chicago Public Schools. There, he shuttered 38 schools between 2001 and 2006, many of those low performing. Parents, teachers and neighborhood activists erupted in outrage with each closing, claiming that the system was giving up on their kids, disrespecting teachers and dismantling an integral part of the community. Violence flared when students from rival neighborhoods were thrown together. After a few years, Duncan switched tacks, keeping kids in their local schools but replacing teachers and staff. (See the best pictures...
McDonald's has doubtless benefited from the weak economy - its low-cost, seemingly healthy Snack Wraps (soft tortillas filled with chicken, lettuce and cheese) are perfectly positioned to feed a nation simultaneously worried about money and fat - but the company's boom actually began in 2006, before the recession hit. A major reason was the improvement in its menu. A glowing Feb. 2 Goldman Sachs analyst's report on McDonald's is typical of Wall Street sentiments. The report says McDonald's is "stepping up investment when peers cannot" and cites the "strong new product pipeline" as a key factor...
From that low point, the drug business has settled down in most cities. Distribution is better organized. Crack use has fallen by perhaps 20%, according to UCLA criminal-justice expert Mark Kleiman, as younger users have turned against a drug that had devastated their neighborhoods. Opiates and marijuana are illegal, just like cocaine, but they don't turn users into paranoid, agitated, would-be supermen. "A heroin corner is a happy corner" where junkies quietly nod off, says David Simon, creator of the TV series The Wire, who used to cover cops for the Baltimore...
...barbers whose salons consist of a tree trunk with a mirror tacked onto it. Habib has helped convince middle India that hair is not just something that grows on your head but a market waiting to be primped and tugged at. "People used to think hair care was a low-grade profession, with no future," he says. "I showed them that it's both a science and a business." (See pictures of India's contraband wildlife...
...celebrated Nano, the $2,500 "people's car" launched last year, Habib's services are aimed at those who, perhaps for the first time, are enjoying a modicum of disposable income. In 2009 he launched Hair Espresso outlets, offering cuts for a little more than $2. Costs are low, turnover high: a three-chair outlet in Mumbai recently churned out 186 cuts in one day. This month, Habib will launch hair-care products for direct sale on TV, "so that customers in Canada and the U.S. can buy them," in addition to clients of his academies in Mauritius, Singapore...