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...worst of times for the restaurant industry, it's the best of times for McDonald's," says Burt Flickinger III, managing director of the Strategic Resources Group, a retail-consulting company. McDonald's reported global same-store-sales growth throughout 2008 - and in November, global sales rose 7.7% over 2007 (sales jumped 4.5% in the U.S.). In fact, the company's sales have increased for 55 straight months. Profits grew 11%, to $1.2 billion, in the third quarter of 2008 (the company will report its fourth-quarter results on Jan. 26). McDonald's and Walmart were the only two companies...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...Emanuel honed his political skills as a top aide to Bill Clinton in the White House, where he was instrumental in shepherding the North American Free Trade Agreement and welfare reform through Congress. After a stint in investment banking in Chicago, Emanuel returned to Washington as an Illinois Congressman, rose quickly through the House leadership and masterminded the Democrats' takeover of the House...

Author: /time Magazine | Title: An Enforcer Named Emanuel | 1/21/2009 | See Source »

...consequences of going back early can be dire. Last September, Jaquan Waller, 16, suffered a concussion during football practice at J.H. Rose High School in Greenville, N.C. A certified athletic trainer educated in concussion management wasn't onsite, and the school's first responder who examined Waller cleared him to play in a game two days later. During that game, Waller was tackled. Moments later, he collapsed on the sidelines. He died the next day. A medical examiner determined Waller died from what is called second-impact syndrome, noting that "neither impact would have been sufficient to cause death...

Author: /time Magazine | Title: Study: Kids Competing Too Soon After Concussions | 1/21/2009 | See Source »

...like to be part of that." Still, despite its more recent success, the Italian company's share price is near an all-time low, and Tuesday's deal may have been an attempt, above all, by Fiat to strut for investors. Fiat shares, which had been suspended earlier Tuesday, rose nearly 4.5% after the deal was announced, only to end the trading day in Milan down 1.3%, to 4.42 euros...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...applicants, including last year’s expansion of financial aid and recruiting programs like the Harvard Financial Aid Initiative. This year 78 percent of applicants will apply for financial aid, up 5 percent from last year. After last year’s elimination of early admissions, applications rose 20 percent, a possible result of the increased emphasis on recruiting during a time when admissions officers would have formerly been considering early admissions applications, according to the Harvard Gazette...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: 29,000 High School Seniors Covet Place in the Class of 2013 | 1/20/2009 | See Source »

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