Word: stockely
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...tried to buy it off her in the street, and her retail clothing business was born. She purchases old Swedish army tents and NATO navy sweaters in bulk, and then cuts and tailors them into a range of jackets, pants and coats. Upscale boutiques from Hong Kong to Zurich stock her gear. In her own store in the heart of Mitte, stylized photos of sullen models look down at the rows of clothes, which next spring will include dresses made of recycled dishcloths. "There are a lot of creative labels here, so you don't stick out like a colorful...
...last fall's financial panic. When investors around the world got scared late last year, they poured money into U.S. Treasury securities that they perceived to be safe. That drove up the dollar. Then, after a few months, investors began taking risks again, putting money back into the U.S. stock market and into all sorts of investments in the rest of the world. So the dollar fell. (See 10 things you didn't know about money...
...Humphreys' was one of 7,000 British orphans shipped to Australia from 1930 to 1970 under the Child's Migrant Programme - a scheme designed to bring "good white stock" to populate Australia. Today, the people affected by the catastrophic policy are sometimes referred to in Australia as the "lost innocents." Though Humphrey's mother had died when he was 4, many child migrants who came to Australia during those years were children with single mothers who were forcibly removed from their homes. Some of their relatives had no knowledge that they had even left the country...
...between General Motors and two Chinese carmakers, and then march over to the front desk to plop down their money. While salesmen in the U.S. struggle to move cars off their lots, Xu Zhanrong, the deputy general manager of the Xi'an dealership, can barely keep the Wulings in stock. Sales are up some 40% this year, Xu says, with about 50 customers a day driving off with new minivans. "From what I see, people are changing very dramatically," Xu says. "Before people thought: I only buy what I need. Now people are starting to spend for a better...
...Peabody Award in 1987 for his coverage of the stock-market crash...