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...business, Carpet Care 4 Less. Throughout 2007, he saw his income plummet along with the national economy. "My business dropped off by 50%," he says. As his client roster evaporated, Flores started drawing on credit cards and took out a second mortgage to the tune of $57,000 in order to stay afloat. In 2009, out of options and under threat of losing his home of 10 years, Flores filed for Chapter 13 bankruptcy - a reorganization filing under which consumers agree to a plan to make payments of past-due debts to creditors for a three- to five-year period...
Harris, a market-research firm, polled about 9,000 Americans online at the beginning of the year in order to generate a list of the 60 "most visible" companies, and also asked some 30,000 people broader questions about corporate America's reputation. Each company was then evaluated in areas such as social responsibility, leadership, financial performance, product quality and workplace environment by about 600 people. The top 10 highest-rated companies: Berkshire Hathaway, Johnson & Johnson, Google, 3M, SC Johnson, Intel, Microsoft, Coca-Cola, Amazon and General Mills...
Financial firms and automakers that took bailout money largely made up the bottom 10. In descending order, they were: Delta Airlines, Bank of America, JPMorgan Chase, General Motors, Chrysler, Goldman Sachs, Citigroup, Fannie Mae, AIG and Freddie Mac. Industry-wise, tobacco again claimed the worst reputation; last year it shared that honor with financial services, which this year held the second worst reputation. Third worst was insurance. At the top end of the industry-reputation list were technology, travel and tourism, and retail...
...fortress Bangkok being surrounded by alien beings. Then the unexpected happened. As tens of thousands of red-shirt vehicles wound through Bangkok streets on March 20 in a miles-long caravan, members of the city's lower and middle classes emerged to cheer on the crimson convoy. Short-order cooks waved their toques, teeth-whitening technicians handed out spears of green mango and Starbucks baristas clapped in unison. A gaggle of mini-skirted ladies from the Eros Lounge even shook their booties for the crimson cause. Far from the air-conditioned enclaves of élite Bangkok, ordinary residents sweltered...
...richest and poorest have been living side by side for years and people feel these income gaps," says the PM's spokesman Panitan. "We may not see confrontations like in Latin America but, if not managed, this could be a big problem in Thailand, and demonstrations will be the order of the day for years to come...