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...history, the company saw a quarterly loss. Its stock was down to $12 a share. You couldn't just blame bad p.r. for the company's woes. Stale food and tired stores also kept people away. "McDonald's was actively dissuading customers from coming back," says John Glass, a Morgan Stanley analyst...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...first three quarters of fiscal 2008. "It's a huge deal," says Marshal Cohen, retail analyst for the NPD Group, of the Inaugural exposure. "This is something you get once in a lifetime. J. Crew will take this and run with it." Betty Chen, an equity analyst at Wedbush Morgan Securities, predicts an immediate bump in J. Crew's children's clothing sales. She points to Michelle Obama's late-October appearance on the Tonight Show with Jay Leno. On the heels of news reports that Sarah Palin hoarded a $150,000 wardrobe budget, Leno jokingly asked Michelle...

Author: /time Magazine | Title: Will Sasha and Malia Give J. Crew a Lift? | 1/21/2009 | See Source »

...heart of internationally-influenced Adams Morgan, savor Latino flavors here at Habana Village and salsa through the night. No clue how to dance? Take a lesson. Sample their signature mojito, made with what seems like an island's worth of crushed spearmint leaves and real sugarcane, a yummy, juicy product of the tropics. Sitting amid painted murals on stucco walls and brightly lit palm trees, it's cake to forget the winter and be whisked away to a white, sandy beach under the beaming sun. In the event of one too many mojitos, return for brunch...

Author: /time Magazine | Title: A D.C. Club Guide for Inaugural Weekend | 1/17/2009 | See Source »

...rehabilitation and restructuring of Citigroup (C) was supposed to take months, or maybe a year. The big bank got a cash infusion when it sold a part of Smith Barney to Morgan Stanley. The plan for the creation of a new Citi was based on its ability to limit its losses so that it could buy time to unload other parts of its family of financial companies...

Author: /time Magazine | Title: Citigroup: Rebuilt Against Its Will | 1/16/2009 | See Source »

After representing Muhammad Ali during the boxer's appeal of his draft-evasion conviction, Morgan became director of the ACLU Washington legislative office in 1972. The same stubbornness he had shown in Birmingham, though, also led to his departure from the ACLU. After a dispute with the group's leadership over whether his politically charged statements in a news article were clearly identified as personal rather than professional (the ACLU is nonpartisan), Morgan resigned in 1976. It was just another example of his uncompromising, unforgettable zeal...

Author: /time Magazine | Title: Charles Morgan Jr. | 1/15/2009 | See Source »

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