Word: mania
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While the jury is still out on how consolidation will affect consumers, it's clear that merger mania means opportunity for stock pickers savvy enough to bet on the next bank to get scooped up. When word of a takeover gets out, shareholders almost always see a pop in stock price. "Who is the next to go? That's the million-dollar question," says John McCune, research director at SNL Financial in Charlottesville...
...What's driving India's mania for malls? Bakshi of McDonald's says real estate speculation is one major factor: "In many cases, it's the 'loot-and-scoot' model. You see an opportunity, you build a mall, you sell out and leave." Mall builders like Unitech and DLF acknowledge that there has been speculative mall building, but blame it on smaller competitors that lack their long-term vision. Instead of putting a check on the mall-building glut, says Bakshi, India's state and local governments are all too happy to encourage it. "Governments sell land because they...
...thing scientists do know is that much of the yummy stuff in low-carb diets--think filet mignon with bearnaise sauce--comes loaded with artery-clogging saturated fats. Low-carb mania has not upended the scientific consensus that saturated fats are the enemy: a major risk factor for heart disease and stroke...
...years now, the Centers for Disease Control and Prevention has reported nothing but bad news about our expanding waistlines. But as this week's cover story on low-carb mania demonstrates, Americans are revising their bad habits. Out of a sense that the obesity epidemic may be peaking and that the country is ready for change, TIME and ABC News have decided to address the issue head on--in print, on the air and at a joint summit on obesity next month...
...Guinness lent its name to a TV series hosted by David Frost, which was later broadcast on India's state-owned television network. I was living in India at the time and saw how the show changed people's lives. Overnight, Guinness mania swept the country as ordinary Indians, determined to achieve immortality, grew record-busting mustaches, walked vast distances with milk bottles on their heads, ate light bulbs and wrote poems on rice grains. Among those persistent enough to make it into the book was Shridhar Chillal, who still holds the record for the longest fingernails, at a combined...