Word: rivale
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...have been widely blamed for exacerbating volatility. On Oct. 28, German automaker Volkswagen briefly became the world's most valuable company when hedge funds that had shorted the company's stock on the premise that it was overvalued were forced to buy it back in a panic after smaller rival Porsche announced that it had secretly bought up a sizable share of VW. The stock's rollercoaster ride may have cost short-sellers up to $40 billion...
...Women of Troy Basketball Classic, where Harvard will face UC Santa Barbara and tournament host USC. As always, this year’s schedule is highlighted by the competitiveness of the Ivy League, with two games apiece against fellow Ivy League co-champions Dartmouth and Cornell and rival Yale...
...After a thrilling home win over Cornell, who during the seniors’ time in Cambridge has evolved into a perennial league rival, the Crimson sat in the driver’s seat entering the final weekend of Ivy play in March: win out, and it would retain its sole grip on the Ancient Eight crown. But a loss in a lackluster effort at Yale the following weekend forced a three-game playoff atop the league standings, eventually sending the Big Red to the NCAA tournament and Harvard home...
...upstart. Pepsi, which owns Gatorade and Tropicana, was already well positioned, so it steadily ramped up its focus on snack foods. Its Frito-Lay division now accounts for 56% of Pepsi's annual retail sales. Over the past decade, that product diversity has helped Pepsi catch up to its rival. This year, though, rising commodity costs in the first three quarters have temporarily burdened Pepsi's diversification...
...When it comes to resurgent Russia, a more united U.S.-EU front would definitely help. America’s most formidable rival has been flexing its muscle lately, first in Georgia and perhaps soon in Ukraine. The Russian economy may stand on shaky foundations, but the government of President Dmitry Medvedev and Prime Minister Vladimir Putin has developed a taste for the international spotlight. Despite the Russian president’s tough stance on the U.S. in his state-of-the-country address the morning after Obama’s election, the Kremlin described the first Obama-Medvedev talk...