Word: rans
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...Valencia, Calif., that markets Marvel-Minis, three separate light-based devices that are claimed to tackle acne (blue light), wrinkles (red) and sun spots (green). The brush-shaped tools ($225 each), which have not yet gotten the FDA's nod, went on sale at Nordstrom in April. "We ran out of stock in the first 30 days," boasts Sherif. "And I got phone calls from [potential partners and buyers] after just 20 days of being in business. Can you believe it?" Dee Rodriguez, president of Coastal Products International, the U.S. distributor of ilift, an antiaging device using infrared light, which...
...nation's most populous state more than 50 times in the past. But for nearly two years, the EPA has delayed making a decision. The federal agency says it needs more time to make the right call; its critics claim the Bush Administration is playing politics. Finally today California ran out of patience, and Gov. Arnold Schwarzenegger and state Attorney General Jerry Brown announced from the steps of the state Capitol that they would sue the EPA, demanding immediate action on the waiver. "California is ready to implement the nation's cleanest standards for vehicle emissions, but we cannot...
Hillary Clinton wasn't on the ballot last year in western Pennsylvania, but you might not have known that from the ad that ran on local television a month before the election. The spot featured images of Clinton with Democratic congressional candidate Jason Altmire, who had served on her health-care task force when she was First Lady. It was one of more than 30 negative campaign commercials run against Democratic candidates in which Clinton played a co-starring role, according to the research firm TNS Media Intelligence. "The opposition did research in my district," says Altmire...
...late-October Quinnipiac University survey underscored this point. Nationally, it showed Clinton being edged out by former New York City Mayor Rudy Giuliani, 45% to 43%, within the margin of error. In red states, however, she ran behind him, 49% to 40%, and she trailed, 47% to 41%, in the purple ones. By comparison, Illinois Senator Barack Obama beat Giuliani by a single percentage point (43% to 42%) nationally but held that same margin in the purple states and came within 6 points (45% to 39%) in the red ones...
Prince, a lawyer, became Citigroup CEO in 2003 largely on the strength of his skill in resolving these legal hassles. But he led Citi smack into the next big financial scandal: subprime-mortgage lending. Over the past five years, Citi went from also-ran to leading issuer of the CDOs that take subprime mortgages or other loans and reprocess them into purportedly low-risk securities. Market jitters and ratings-agency downgrades have sent CDOs into a free fall--and now the banks have to account for the losses...