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...loss of $7 million in the third quarter of 2008, compared with earnings of $117 million in the same period in 2007. Still, the company insists that its liquidity remains intact. "We ended the third quarter with $395 million in cash and cash equivalents," says Office Depot spokesman Brian Levine. "While the fourth quarter is not yet closed, we believe that we did not burn cash. It is our intent that we will maintain our liquidity throughout 2009, even under our most conservative projections of the economic environment...

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

Days later, at a press conference back in Goma, MONUC spokesman Lieut. Colonel Jean-Paul Dietrich described refugees huddling outside U.N. bases as a sign of public confidence. A reporter asked him how MONUC treats the wounded. "If people are injured, we take them to the base," he said. "That's the Geneva Convention...

Author: /time Magazine | Title: Congo Seeks Protection | 1/29/2009 | See Source »

...ready to commit suicide yet.' NELSON CHAMISA, a spokesman for Morgan Tsvangirai's MDC party, on its refusal to enter into a power-sharing agreement with Zimbabwean President Robert Mugabe...

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

...kind of like going from an Xbox to an Atari.' BILL BURTON, White House spokesman, on his new office, where external e-mail log-ins and social websites are prohibited...

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

...Hamas fighters in the area at the time of the alleged incident, but a middle-aged farmer in a battered army jacket took me aside and said, in a near whisper, that Hamas had been firing rockets from the vicinity of where the episode took place. An Israeli military spokesman told journalists investigating the shootings that the army had no information on the alleged incident but said the Israel Defense Forces (IDF) is "currently engaged in postoperational investigations." The IDF has stressed that Israeli troops were under orders to protect civilians during the offensive and have accused Hamas fighters...

Author: /time Magazine | Title: Voices from The Rubble | 1/29/2009 | See Source »

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