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...billion, up from $2.55 billion in the same period a year ago, attributing its higher earnings to increased sales of consumer goods and medical devices - at least Americans are still buying some products. But not all American consumer-product companies are doing so well. PepsiCo, maker of the popular soft drink, missed analyst estimates; shares are off by 8.9%. The company announced layoffs of 3,300 jobs or about 1.8% of the workforce...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

...result: economists across Europe are writing off 2009 as a year to forget, and some expect the weakness will continue into 2010 and beyond. Consumption will likely be sluggish and business investment soft. In European countries where the real estate market had overheated, including the U.K., Ireland and Spain, house prices are expected to continue tumbling. As the rest of the world also slows, exports will be hit - particularly bad news for Germany, which as recently as the first quarter of this year had served as the motor of Europe, thanks to its surging sales of machinery and other capital...

Author: /time Magazine | Title: The Economy's Perilous Waters | 10/15/2008 | See Source »

...minutes. Harvard then doubled its lead off a 73rd minute corner kick.“My position [on corners] is always to go back post, and so I noticed that they’d been keeping that open,” Hagner said.The junior was able to exploit this soft spot in the Big Red defense, powerfully heading Baskind’s well-taken corner into the net.Soon after, Baskind’s ball split the Cornell back line and found Hagner streaking down the left side of the field. Hagner then crossed the ball to Sheeleigh, whose volley into...

Author: By Tony Bator, CONTRIBUTING WRITER | Title: Offense Hits Stride in Easy Victory | 10/13/2008 | See Source »

...Oktoberfest: a beer and a brat.Vic C. Mahillon, a resident of Brighton, said that he enjoyed the authentic German food served at a beer-garden booth set up by Charlie’s along Mt. Auburn Street.“The outside is tight and crisp, the inside is soft and juicy—one bite and your mouth explodes [with] German flavor,” Mahillon said while chowing down a bratwurst. “I went to Germany in 2006 for the [World Cup] and this is exactly what I got—it’s really...

Author: By Bora Fezga and Hee kwon Seo, CRIMSON STAFF WRITERSS | Title: Oktober in the Square | 10/13/2008 | See Source »

...meet Brian Varrieur. He's a 34-year-old lawyer who lives in Washington, D.C. and looks barely old enough to vote himself. This was the fifth weekend he returned to his parents' home in the neighborhood where he grew up to knock on doors for Obama. Brian is soft-spoken - not exactly a natural personality for this kind of work; back when his elementary school would hold candy-sale drives, "I was one of those kids who would get their next-door neighbor and their mom to buy some, and that was it," he told me. "But this [presidential...

Author: /time Magazine | Title: In Battleground Virginia, a Tale of Two Ground Games | 10/12/2008 | See Source »

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