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While Bed Bath & Beyond's success bodes well for the state of the economy, some analysts warn against reading too much into the company's results. After all, the recession put the company's main competitor, Linens 'n Things, out of business. Linens 'n Things sold similar merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based...
Your characters are obsessed with books, partly because of the Cemetery and partly because one of the other main settings is a bookstore. Have you always surrounded yourself with books? My childhood was surrounded by books and writing. From a very early age I was fascinated by storytelling, by the printed word, by language, by ideas. So I would seek them out. I didn't have access to a wonderful bookstore like the one in the book, but in many ways what I've always been doing is making up stories and characters. Even before I learned to read...
...especially of much needed fertilizer. But current South Korean President Lee Myung Bak reversed the policy when he took office in 2008, linking economic cooperation with Pyongyang's dismantlement of its nuclear-weapons program. The result is that North Korea is now more dependent than ever on its main patron, China. Nicholas Eberstadt, a North Korea expert at the American Enterprise Institute in Washington, figures that the gap between the amount of goods China ships into North Korea and what it receives in return has quadrupled in four years to more than $1.5 billion in 2008. Eberstadt considers this...
...government decided blacks had no need for not only freedom, fair wages and a decent education but also roads, trees and houses. Soweto was a place of tin shacks and red dirt. As part of the effort to redress this legacy of inequality, the mayor has repaved Soweto's main roads, and Williamson invented his extreme park missions...
...former home of Mandela and Archbishop Desmond Tutu, the township has long been at the forefront of change. Today shacks are being replaced by houses. Bars, restaurants and hotels are thriving. BMWs and Mercedeses clog the streets. Richard Maponya opened the glass-and-steel Maponya Mall on Soweto's main highway in 2007 with an ambition that it should be equal to any in the world. "Soweto has become this wonderful opportunity," he says. "It's becoming safer. Property prices are going up. Life is becoming just normal...