Word: quartered
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...sales. Bottom line: the next 12 to 18 months are perilous for both companies - and they'll need a modest improvement in sales just to survive. Ford, meanwhile, has played a difficult hand quite deftly. Despite a drop in sales volume, it has outperformed the market during the second quarter, reclaiming second place in total sales from Toyota and closing in on GM. (See 10 ways your job will change...
...with the same period last year, dropping from $35.2 million worth of goods to $28.5 million, according to the Federal State Statistics Service. Meanwhile, the number of tourists, who make up the bulk of buyers of Russian handicrafts, has dipped drastically, with 25% fewer visitors arriving in the first quarter of 2009 than in the same period in 2008. (See pictures of the global financial crisis...
...Commission's 370-page report collected more than 20,000 statements and took three years and several million dollars to complete. It investigates the causes and consequences of Liberia's conflict, a war that displaced a third of the people in the small West African country, left a quarter of a million dead, and countless more raped, disabled, and traumatized. Johnson Sirleaf is among 50 people the Commission recommends should not be allowed to hold public office. The Commission also says that dozens of individuals should face further investigation and prosecution, though does not include Johnson Sirleaf on those lists...
...equal to the force of the earth's gravity.) They track pilots' conversations, engine noises, air-traffic-control commands, fuel levels, landing-gear extension and retraction and dozens of other clicks and pops that might offer insights about a plane's final moments. The boxes are made out of quarter-inch-thick panels of stainless steel. And in case you're wondering, an entire airplane can't be made out of the same material or it would be too heavy...
Late last week, however, Bed Bath & Beyond announced results that actually exceeded the expectations of Wall Street analysts, an all-too-rare event in the retail world. The retailer's profits rose 13.5% for the first quarter. While same-store sales still declined 1.6% - no reason to be jumping for joy in the aisles - many analysts figured the fall would be much worse, in the 4% range. What does Bed Bath & Beyond's improvement say about the state of the consumer psyche? If shoppers are more willing to spend their money on discretionary items like cushioned bath mats...