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...will receive an investment of about 300 billion yen ($3.3 billion) from the ETIC, which the flailing airline approached in October, in addition to hundreds of billions of yen in debt waivers from its main lenders. In addition, the ETIC and the state-backed Development Bank of Japan will extend JAL a credit line of more than $3.5 billion. Key measures of the restructuring plan include cutting more than 15,000 jobs, or about 30% of its workforce, by the end of 2013, paring down to about half of its 110 group firms, and slashing unprofitable international and domestic routes...
...country had legalized gay civil unions, and Sigurdardottir had served as a Cabinet minister. Today, only 6% of Icelandic clergymen say they would refuse to perform a gay marriage. "We're a small country of 300,000 people, so news spreads quickly," Thorhallsson says. "If you get on the main news program, your message will reach everybody...
...Nook also has a small color touchscreen for navigation, which brightens up the experience, and it's more responsive than the poky main screen. But it's a mixed blessing. The iPhone has trained us to expect high performance from touchscreens, and this is a decidedly pre-iPhone touchscreen. The interface hasn't been thoroughly play-tested either; there are a few rough edges and dead ends...
...main characters of your films tend to be socially stigmatized: a tobacco lobbyist, a pregnant teen and a man who fires people for a living. What makes you work so hard to humanize these characters...
...residential real estate bust has been a slow-motion wreck too. (It started in 2006!) But the commercial meltdown will take even longer for two main reasons. One is that while commercial real estate lenders certainly got sloppy during the boom, they didn't go utterly crazy the way their residential peers did. Commercial lenders still demanded down payments and evidence of income. They didn't factor in a 40% decline in prices or the worst economic downturn in 70 years. The housing bust preceded and precipitated the recession. The commercial bust is an aftereffect. (See 25 people to blame...