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...with the biggest job losses coming in the construction industry. "NAMA is helping the wrong people," Cummins says. "I'll probably be evicted next year if I can't find another job, but it was the developers that got us into this mess in the first place, and they're getting off scot-free...
...which has ravaged Benetton's bottom line. Profit in the first half of this year plunged 60% to $42 million from $115 million in the comparable period of 2008; sales in the same period were down 11% to just under $1.3 billion. The company has responded by putting in place a restructuring plan that mainly targets operating efficiency in its supply chain. Many financial analysts are lukewarm about the company's prospects because of the weak consumer-spending climate and the tough competition. "Benetton remains under pressure from multiple angles" is how Citigroup phrased it in a research note earlier...
...those who have heard of it, the autonomous Russian republic of Tuva is chiefly known for three things: its colorful and highly collectible stamps, its rugged terrain (this was the place chosen by fly-fishing Russian Prime Minister Vladimir Putin as the backdrop for a much ridiculed series of photos in which he appeared shirtless and on horseback) and its khoomei, or throat singing. In characteristically paranoid fashion, the Soviets regarded khoomei as subversive, and spent 50 years attempting to suppress it, but this ancient folk music proved considerably more resilient than the U.S.S.R. and thrives today - a favorite...
...building, abandoned for a newer facility for the school, was a war zone - a ruin of overturned desks, textbooks, TVs and other equipment that could have been packed up and reused. If any public-school leaders had cared, and clearly they didn't, they would have treated the place better. Isaac T. Graves, Richmond...
...parents and uncles raised their families in the idyllic suburbs of Detroit, where we kids all received a good education and a leg up into the middle class and beyond. I remember my mother saying that when she moved to Detroit in the 1930s, it was the most beautiful place she had ever seen. I also fondly remember going on shopping expeditions with her to the opulent Hudson's on Woodward Avenue. It was indeed a beautiful place. I hope something can revive a city with such a rich history. Susan Valentine, Madison...