Word: monday
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...slashes Japan's GDP growth rate by 0.3% to 0.4% points, says Masafumi Yamamoto, head of foreign exchange strategy for Japan at Royal Bank of Scotland. "Yen appreciation is also causing the Nikkei [stock index] plunge," he says. And that's affecting the confidence of Japan's businesses. On Monday, figures of the Bank of Japan's tankan survey, a quarterly survey of business sentiment in Japan, fell to a seven-year low. The tankan figure showed the steepest quarter over quarter decline in 34 years. The economy is expected to decline 0.8% for the fiscal year ending in March...
...indulge and work it off horseback riding along the beach. In the evenings, call on the hotel's "bath butlers" to fix you a relaxing soak. Rooms start at $295 for garden view, and $555 for ocean view. Through March 27, 2009, excluding Dec. 21 through Jan. 1. A Monday or Tuesday night stay is required...
...lately, a staggering number of them are disappearing. So far this season, which is barely a quarter of the way over, six NBA head coaches, or 20% of the total, have already been fired; the latest victim, Sacramento's Reggie Theus, just got the news on Monday. That's a new record for axings before Christmas. The other casualties include Sam Mitchell, the 2006-07 NBA Coach of the Year for the Toronto Raptors, fired by the club on Dec. 3; Maurice Cheeks, the beloved ex-champion point guard for the Philadelphia 76ers, canned by the Sixers last weekend despite...
...true. But for every Lawrence Frank - whose New Jersey Nets reeled off 13 straight wins after he replaced a deposed Byron Scott in 2004 - there are many more instances where early-season firings fail to change a team's fortunes. Excluding Sacramento, which just fired Theus on Monday, the winning percentage of the five teams before their coaching dismissals was .277 (23-60). Since the firings, those five teams have gone a combined 7-28, a .200 winning percentage...
...long stint in office before having to think about running for a full term in 2010. Perhaps ironically, among those jostling for the executive suite is Madigan, who is considered by some to be a front runner for the job - and whose father, Illinois house speaker Michael Madigan, decided Monday that impeachment proceedings will go forward...