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While Bed Bath & Beyond's success bodes well for the state of the economy, some analysts warn against reading too much into the company's results. After all, the recession put the company's main competitor, Linens 'n Things, out of business. Linens 'n Things sold similar merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based...
...After the staff reductions conclude, the remaining workforce for fiscal year 2010 should number about 500 employees—a size similar to that in 2005, when the University's endowment was roughly the same size as it is today, following the 30 percent decline projected for the past fiscal year...
...While Ellwood wrote that "this is certainly the most heart-wrenching period our close-knit community has faced in many years," similar budgetary turmoil plagued the Kennedy School earlier in the decade and prompted staff reductions then as well...
...Corrales says many Latin Presidents are feeling a similar sort of panic. Earlier this year, Chávez saw plummeting oil prices threaten to undermine his socialist revolution, which has enfranchised Venezuela's poor but has also raised fears about authoritarian rule. Chávez rushed through a constitutional referendum last February that lets him run for re-election indefinitely. Fernández's midterm defeat, says Corrales, may have leaders like Chávez "asking if they should ease up on their ideological hard line or ramp it up to neutralize opponents before it's too late." In Honduras...
...History has taught groups that represent people who have been exposed to radiation during French nuclear tests to be wary of any movement on the topic - and that suspicion remained strong going into Tuesday's vote. Despite its passage, Morin's text is only the latest of 18 similar plans introduced since 2002 that have outlined compensation for people exposed to the blasts. All of those previous plans eventually petered out. This time, Morin has minimized the number of victims he says will be covered by his bill as "several hundred" - an optimistic estimation, experts say, given...