Word: profits
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...industry may be unable to continue strong sales have so far proven to be false alarms. Sales were lower this September relative to 2007, but the trend disappears if you take the blockbuster Halo 3 out of the equation. Electronic Arts plans to cut jobs after failing to meet profit projections, but the company is in transition to a new strategy of focusing on innovation and making fewer, higher-quality games rather than the yearly editions of sports games and Sims expansion packs that have been its bread and butter. There are signs that stores are focusing more on stocking...
...pick up the slack. "Going to a decentralized Afghan end state - with local authorities providing their own security - means the national government's security apparatus can be much smaller," Biddle says. The bad news, of course, is that many such provincial officials are little more than warlords, who often profit from trafficking in opium. The United Nations estimated last month that the Taliban and its allies - including some of those provincial officials - could clear nearly $500 million in the drug trade this year. If the U.S. and its allies need to find a way to bring home their troops while...
...More importantly, Pauly says, is Henri's ongoing trouble with "public relations," since taking over from his well-liked father in October 2000, including his attempt to sell the family's forests to the state for a massive profit. "Henri doesn't have full popular legitimacy," says Pauly. "He has to find a new way to legitimate his role." Achieving such broad consent may not be helped by a hard line on bioethics in a country where fewer than 10 percent still attend church regularly. Getting out of the way, however, may just do the trick...
What's a little Senate seat bribery between friends? Sure, Illinois governor Rod Blagojevich is accused of trying to profit from the sale of President-elect Obama's newly vacant Senate seat. And he may have allegedly tried to force the newly bankrupt Tribune Co. to fire editorial staff members who were critical of him. And it's possible he traded favors for campaign contributions. But this is Illinois; as Robert Grant, the special agent in charge of the FBI's Chicago field office, told the press at the announcement of the indictment, "if it isn't the most corrupt...
...contracting car market in China deals another blow to a global industry already reeling from recessions in the U.S. and Europe. China was supposed to be a surviving bright spot, where international carmakers, beleaguered at home, could still find new sales and profits. But with the market shifted into reverse, the already fierce competition between foreign and Chinese automakers like Chery and Geely will only intensify. Discounting has become widespread as carmakers chase fewer customers with special deals, eating into profit margins. "When growth is slowing down, everyone will be trying to defend market share," says David Jin, managing director...