Word: storming
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...faulty regulation. Lloyd Blankfein, CEO of Goldman Sachs, told the panel, "After the shocks of recent months and the associated economic pain, there is a natural and appropriate desire for wholesale reform. We should resist a response, however, that is solely designed around protecting us from the 100-year storm." (See the top 10 crooked CEOs...
...Tonics—and their famed lime-green socks—will be taking Washington, D.C. by storm from Jan. 16-24. Dins President Ari C. Peña ’10 is looking forward to having “a week away just to get to know each other better, and have some man time,” he said...
Such calm amidst the storm has paid off for shareholders. Panera stock is up 26% this year: in fact, it's one of the best performing stocks of the decade, having generated a whopping 1,560.65% return. Profits rose 38% in the third quarter, and sales in company owned stores rose almost 7% during the first 27 days of the third quarter (sales in franchise stores rose 6.3%). "For us, the recession has been the best of times," says Panera founder, chairman and CEO Ron Shaich. In an environment where even McDonald's, once a recession superstar, is reporting negative...
...Pete's sake, it can't snow all winter. A Fox executive quoted by Reuters "noted that an enormous snow storm along the East Coast crippled business for all movies." That makes sense. Cities from the Carolinas to New York were carpeted in a foot to two feet of the white stuff, making traveling ill-advised; and some folks planning a Saturday night at the movies, especially The Big Movie, might have stayed home. There's only one problem with the Fox statement: it isn't true. A check of the numbers for the rest of this weekend...
...turns out a blizzard-like storm might keep you stuck in Cambridge. Mayors Mayor Thomas M. Menino and E. Denise Simmons City Manager Robert W. Healy declared snow emergencies in Boston and Cambridge, and flights and buses are being cancelled left and right. Find out if your travel plans were affected after the jump...