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Office Depot In December, Office Depot announced that it would close 9% of its North American stores, giving it 1,163 locations. The company will shut another 14 stores in 2009, while closing six of its 33 North American distribution facilities. Staples is now the dominant office supply brand. "Though Office Depot's situation is less dire than Pier 1 Imports, they are certainly on the ropes as well," says Chukumba. Office Depot's less capital-intensive contract business - which involves making deals with companies and governments to supply them with paper, pens and staplers - somewhat shields it from...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...Netherlands At Last, a Court of Last Resort After more than six years of diplomatic and legal disputes, the International Criminal Court (ICC) opened its first trial in the Hague on Jan. 26. The self-described "court of last resort," which operates independently of the U.N., was created to oversee large-scale human-rights violations--like those allegedly orchestrated by Congolese warlord Thomas Lubanga, the court's first defendant. The trial of Lubanga for training child-soldiers during the region's 2002-03 ethnic conflict is also the first test of an international law allowing victims--like the 93 people...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

...First and foremost, re-establishing relations with Iran will inspire the morose progress of nuclear negotiations by demonstrating America’s seriousness in actually approaching, and not just bullying, Iran. Since 2006, negotiations have dragged on with virtually no results; the politically hamstrung Iran Six (China, Britain, France, Germany, the US, Russia) have continued to press their relatively toothless sanctions while a determined Iran keeps plodding on in its ascent to the nuclear club. As a senator, President Obama compiled an impressive record on nuclear non-proliferation. By engaging Iran effectively on this issue, he could help to keep...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

...basic plan behind that bookstand is still solid,” O’Brien said. “My business plan was in three years to have six tables and 15 to 20 low-income homeless people working there, spread throughout Cambridge and Boston...

Author: By Michelle L. Quach and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Square Bookseller To Close Bookstand | 1/28/2009 | See Source »

...brief look at the numbers makes this clear. According to a CBS News poll conducted earlier this year, three out of four Americans still believe that racism and sexism continue to be serious problems, and over six in ten African-Americans had recently heard a racist remark. A 2007 Department of Justice survey also found that blacks and Hispanics are more than twice as likely as whites to be searched, arrested, threatened, or subdued with force when stopped by police. The mere fact that an African-American was elected does not mean that there were people who specifically...

Author: By Nafees A. Syed | Title: The Post-Racial Myth | 1/28/2009 | See Source »

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