Word: rose
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...charcoal oven, which is used by the restaurant to cook meats and bake bread, was able to contain the fire, but the outpouring smoke rose to the ceiling and damaged it, according to Singh, who said he could not estimate the cost of the repairs. But Cambridge fire inspectors determined that the incident caused $10,000 in damage, the Cambridge Chronicle reported...
...deepest recession since the 1930s cast a shadow over the year, as the U.S. economy hemorrhaged jobs, manufacturing continued to erode, and housing prices failed to recover from the previous year's crash. Unemployment rose to 10.2%--the highest rate in 26 years--despite the Obama Administration's stimulus efforts, which pumped billions into the economy. Detroit was hit especially hard: Ford saw a steep drop in sales, Chrysler was taken over by Italian firm Fiat, and GM briefly entered bankruptcy. One bright spot was Wall Street, where stocks reversed much of 2008's decline. The economy showed encouraging growth...
Such calm amidst the storm has paid off for shareholders. Panera stock is up 26% this year: in fact, it's one of the best performing stocks of the decade, having generated a whopping 1,560.65% return. Profits rose 38% in the third quarter, and sales in company owned stores rose almost 7% during the first 27 days of the third quarter (sales in franchise stores rose 6.3%). "For us, the recession has been the best of times," says Panera founder, chairman and CEO Ron Shaich. In an environment where even McDonald's, once a recession superstar, is reporting negative...
...Sheila Rose, a 50-year-old mother of two in Stamford, Conn., is typical of shoppers who have been sitting on their hands waiting for the final markdowns. With unemployment hitting a 25-year high, she expects discounts to at least match last year's levels, "or maybe even more given the situation." Says Rose: "I think there will be some real hidden gems there towards...
...other ethnic minorities as well as homosexuals and the disabled. Pius defenders say he quietly worked to provide shelter for some Jews in Rome, and avoided public denunciations of Hitler's Final Solution because it would have prompted a Nazi backlash. After the German-born Cardinal Joseph Ratzinger rose to the chair of St. Peter, he initially decided to shelve Pius' candidacy for sainthood for further study and an examination of documents in the Vatican archive. With debate still heated about the historical facts - and with Benedict, a German of that era, in the papacy - many observers believed it might...