Word: shared
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...earnings for S&P 500 companies should be 45% higher than 2009's, Goldman says. Those hefty upward revisions, which sent investors on a buying spree, didn't come because consumers are suddenly spending more or because housing is bouncing back - neither of which Goldman asserts. The lion's share of Goldman's new optimism derives from the fact that banks look more profitable now than they did several months ago. (Read "How to Know When the Economy Is Turning...
...world's first fully digital still camera; 10 years ago Fujifilm held 30% of the digicam market. But that dominant position proved difficult to defend against competitors such as Nikon, Olympus and Canon. Today, Fujifilm is one of the industry's also-rans, with just a 6.7% market share...
...little swiftlet has hatched a billion-dollar global business, including a subindustry of how-to books and bloggers who share tips on birdhouse construction and equipment. As with most properties, the value of a birdhouse depends on three factors: location, location, location. Before building one, advises Kok, you must survey the skies for a regular passage of swiftlets. Once constructed - a three-story birdhouse with room for about 40,000 nests costs roughly $100,000 - you must attract tenants. The maker of the Swiftlet Bazooka Tweeter claims it can broadcast "love calls" to birds flying up to a mile away...
Britain gets more than its fair share of any heat going, as we have found yet again with the detention of Iranian staff from the British embassy in Tehran. "Englistan" is seen as the most inveterate and craftiest of Iran's enemies. Iran's relations with the rest of Europe, crisis-prone in normal times, are fraying. Tehran would like to get back at the E.U. for postelection protests. On July 6, French President Nicolas Sarkozy said that Iranians deserve better leadership. Iran's leader, Ayatollah Khamenei, warned that Iran would present a firm fist to "nosy meddlers" in their...
...obvious lack of confidence of either side in the other. That would involve defining some sort of process of talks on a timetable aimed at resolving the key questions of where to draw borders between Israel and a state of Palestine, the terms of Palestinian sovereignty, how to share Jerusalem and the fate of Palestinian refugees. But both sides have been through such a process before and failed to conclude a deal. For many Middle East watchers, the key question will be whether Obama sets a deadline for such talks. And what it plans to do if, as seems quite...