Word: mattress
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...small, hot room in Caloocan city, one of Manila's shoddy suburbs, a 21-year-old man-child perches on a chair and turns the fan up to high. Yellow paint peels from the walls. There is no running water. The bed is a dirty mattress on a steel frame. But enthroned on a makeshift table sits a workstation worthy of a cash-rich start-up. The man leans toward his crisp, new 19-inch monitor and gets down to business. He surfs to the archive of an online florist and peruses someone's recent order for roses, complete with...
...this gloom has you ready to cash in your stocks and put the money in a mattress, stop right there. The critical link between the stock market and the economy is this: the stock market always looks ahead. The barrage of poor earnings, layoffs and dismal headlines that has driven stocks to this low point is over. That's not to say there won't be more negative news; there almost certainly will be. But at some point the stock market will have anticipated the worst and begin to move higher, even in the face of recession-like conditions...
...spot," where operating profits were up 36% to $1.1 billion. Profits of $1.1 billion may sound robust, but Wal-Mart has invested at least $17 billion overseas, giving it a return of just over 6%. "You'd be better off putting the money in a bank-or under a mattress," maintains Richard Hyman, chairman of British retail consultancy Verdict Research. Indeed, in the U.S., Wal-Mart regularly enjoys a return on investment of around...
...squalid Haitian birth city of Port-de-Paix. When she was a young girl, her impoverished parents sent her to live with her more affluent aunt and uncle in Haiti's capital, Port-au-Prince, with the promise of a better future. She got instead an old mattress in a closet, 18 hours a day of cooking, cleaning and waiting on her aunt's large family, and years of beatings and sexual abuse by her cousins. Her slavery continued when, a few years later, she was forced to emigrate with her Port-au-Prince family to Miami and then move...
...keng rot. They look forward all week to racing their bikes against other gangs from other neighborhoods. And while they profess to have nothing but disgust for the slum's hard-core addicts, by 4 a.m. that night, in Big's room in his parent's house, on a mattress laid on the floor next to his beloved Honda, Big and his friends are smoking yaba and there suddenly seems very little difference between his crowd and Jacky's. "Smoking once in a while, on weekends, that really won't do any harm," Big explains, exhaling a plume of white...