Word: pied
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...before submitting their capital plans has in general shown that the banking industry is stronger than many thought. Banks were able to raise capital in May and early June with surprising ease. Selling new shares usually makes a company's stock price go down because the earnings-per-share pie gets cut up into more slices. But many of the banks have been able to raise cash and have their stock price continue to rise. J.P. Morgan, for instance, raised $5 billion in May, yet its stock price rose 14% over the course of the month. All told...
...finals, which kick off May 26 in Washington, D.C., Bailly will read each word and provide its definition, origin and context. TIME spoke with Bailly about mitigating the "giggle factor," empathizing with (and being entertained by) the teenage contestants, and why spelling bees are as American as apple pie...
...this sort of all-American cachet. It's kind of like baseball and apple pie. It's also something that anybody can try, sort of like playing Scrabble - it's easy to get the hang of. And these kids are right at an age where they're like adults, but they're not adults, and they don't have a game face, so it's fun to watch them. You can read the storms, watch the sun come out - you can see all that on their faces when they get a word...
...Sterns, technology has made local food more vibrant, with people trading recipes and restaurant suggestions online. If anything, the Sterns are confused as to why many of these dishes are still regional - why, for example, the Midwest's sour-cream raisin pie hasn't joined Texas' nachos on more menus. They also think the U.S.'s local cuisine is kept fresh since it is always being tinkered with because of our lack of a food canon. While there might be only one right way to make bouillabaisse in France, there's always a new argument about how to barbecue...
...moment, Caporuscio is keeping his eye on the pies, but ultimately plans to offer 10-day, $4,000 pie-making courses for up-and-coming pizzaiouli. But until then, you'll have to make do with just being a customer of these new pizza pleasure dome, whose imagination and technique might actually outshine the competition back in Naples. "There are no shortcuts at work here," says Motorino's Palombino. "Pizza is now a far more serious food than it was in the past...