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...There were a few genuine clunkers. Citigroup profit fell 3% not counting one-time gains (still, it raised its dividend 11%), and Intel fell way short of its own estimates offered just a month earlier (rival AMD posted spectacular results). On Monday, Bank of America was the latest blue chip to disappoint. Overall, though, S&P 500 companies so far have logged an average gain of 13.7% in earnings per share, according to Thomson Financial. There's a term for that level of profitability. It's called blowing the doors off. And Thomson forecasts double-digit earnings growth straight through...

Author: /time Magazine | Title: Why The Stock Market Is Ready For Lift-Off | 1/23/2006 | See Source »

...radical Islamic group that has actively pursued the violent overthrow of Israel, killed hundreds of Israelis in suicide bombings and rocket attacks and is listed as a terrorist group by the U.S. But Hamas has also emerged as a major a political force, positioning itself as the chief rival to Fatah, the party of former president Yasser Arafat and current Palestinian president Mahmoud Abbas. In local elections last year, Hamas won control of towns and cities across the Gaza Strip and the West Bank. The group is set to increase its power in parliamentary elections this week, which would make...

Author: /time Magazine | Title: Why Rising Popularity Poses a Dilemma for Hamas | 1/23/2006 | See Source »

Despite its history, HSBC needs to do far more business in developing markets like China to spur growth. After focusing much of its energy over the past seven years on mature economies, it is locked in a global contest with its chief rival, Citigroup, to tap the pocketbooks of the world's newly rich. From South Korea to India to Brazil, HSBC is expanding its branch network, launching new financial products and marketing its brand. In December HSBC acquired 10% of Vietnam's Techcombank; in November HSBC said it planned to launch the first independent investment bank in Saudi Arabia...

Author: /time Magazine | Title: banking: The Bank That Ate the World | 1/22/2006 | See Source »

TIME quoted Dick Cheney, who said, "If you're calling Aunt Sadie in Paris, we're probably not really interested." How about listening in on what a political rival is up to or TIME'S next big story about the Administration? If there is no judicial oversight of eavesdropping, how can the President be prevented from using it for personal gain? Do the American people really have that much trust in the Bush Administration after the lies about the reasons for the war in Iraq? It is not news that the U.S. has no respect for civil liberties outside...

Author: /time Magazine | Title: Letters: Jan. 30, 2006 | 1/22/2006 | See Source »

MPRP originally had exactly half of the 76 seats in parliament. The Democratic Party had just 28, but Elbegdorj ruled as prime minister as part of an agreement with the rival faction...

Author: By Lulu Zhou, CRIMSON STAFF WRITER | Title: Mongolian PM Out of Office | 1/20/2006 | See Source »

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