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...have done an awful lot of cutting back in the last 18 months," says Wendy Liebmann, CEO of WSL Strategic Retail. "There's not much more they can do. They've figured that it's not the end of the world here, and there are places where you can open up your wallets." She points to another stat: 1 in 4 of the shoppers WSL surveyed said they were "tired of watching every little penny and are ready to break out a little." The top categories they desire: a vacation, a night out and clothes for spring and summer. Remember...
...questions over the robustness of Magna, which has been hit hard by the global downturn. Magna said during the negotiations it would cut 10,000 jobs across Europe, with the axe falling on around 2,500 jobs in Germany, but Magna pledged to keep the four German Opel factories open. The Opel factory in the city of Bochum could be the worst hit, with 1800 jobs under threat. "There'll be restructuring and that's inevitable because we have overcapacity in Europe," Jörg Schrott, the spokesman for Opel and GM Europe tells TIME. "The overcapacity must be adjusted...
...cancer drug Sutent in 2008 - angering patients and oncologists. The organization has since promised to approve more expensive life-saving drugs for illnesses affecting fewer than 7,000 patients a year. Rawlins concedes that NICE is "muddling through" uncharted waters: "The biggest lesson we've learned is to be open and transparent. But you have to be willing to make difficult decisions...
...stormed back from a knee injury that robbed him of a 2007-08 season, refusing to miss a beat after an entire year on the sidelines.Rather than appear tentative in his return to the mat, Caputo simply dominated his opponents, winning five straight matches to claim the Binghamton Brute Open title at 184 lbs, earning a top-10 ranking that would remain all season.But the junior was just getting started. Caputo led the Crimson in wins with a 34-8 record—the fifth-most victories in Harvard history. The standout also notched his 103rd career victory, vaulting...
...start after wins against Holy Cross and Smith, as well as the Hoyas, who the Varsity Eight defeated by a 6.4-second margin to win the Class of 1999 Cup for the first time in five years.Radcliffe saw its national rank rise as high as No. 2 after its open-water win against Princeton on April 25, one week after coming up just 1.53 seconds short against No. 3 Stanford.“That was a really big win for us because, in its 11-year history, we had only won [that race] once before this year...