Word: saws
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...Hopes for upscale retailers are fading fast. The high-end customer is cutting back spending 9 percentage points more than the overall consumer, according to America's Research Group. One victim of the trend: Saks Fifth Avenue, which saw a devastating 16.6% sales plunge in October, coming on the heels of a 10.9% drop in September...
...Similarly, many new leaders of the developing nations that emerged from colonial empires in the mid-20th century believed their poverty was rooted in free markets and leaned toward state control. In India, for example, Jawaharlal Nehru, its first Prime Minister, saw imperialism as an outgrowth of free capitalism; only the state, he figured, could be entrusted to improve the livelihoods of the poor. The result was the bizarre License Raj, a bewildering maze of regulation that hamstrung private enterprise. By 1990, the system had produced outdated, uncompetitive companies and a near bankrupt government. India only started to boom once...
...little bit,” defeating Yale 23-8. After the match, Jones presented the team with a trophy and talked about continuing the tradition of pre-season training in Texas to develop a new crop of Harvard players. “He was happy with everything that he saw,” Snow said. “He was talking about the future of the polo club, which is a positive sign...
...invocations of the once violent 1960s radical Ayers "racially tinged" because they evoked the word terrorist. McCain was also accused of playing on race for running an ad that highlighted Obama's relationship with Franklin Raines, a former executive at Fannie Mae who is black. Says Davis: "I never saw anybody play the race card but the Obama campaign...
...hundreds of American soldiers. Then 28, he was a geeky electronics engineer who made trigger devices for roadside bombs known as IEDs - the No. 1 cause of U.S. troop casualties. I remember the relish he took in listing his clients, most of them Iraqi Sunni insurgent groups, whom he saw as fellow patriots trying to drive out the American occupier. He had also devised triggers for al-Qaeda. "They pay me," he said then with a shrug. "Anybody who wants to kill American soldiers, if they pay me, I work for them...