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What's the best business reaction to a recession? How about none at all. Unlike many outfits in the struggling restaurant industry, Panera, the soup and sandwich chain with more than 1,300 stores in 38 states, has stayed strong by standing still. "The key to Panera's success lies in what the company hasn't done," says Nicole Miller Regan, an analyst at Piper Jaffray. "Panera hasn't fallen victim to discounting. It hasn't levered up the balance sheet. It hasn't tried to change...
...Cornell’s success is not bred from poise alone. Against St. John’s, the Big Red also lived up to its billing as a team that can shoot the lights out. Cornell shot an absurd 61.1 percent from deep, with four different players netting at least two treys. This hot-handed effort spells trouble for opponents, since the Big Red goes out of its way to find looks from beyond the arc. Twice early on last night, Cornell ran a play where Foote faked a screen and then cut to the basket as he received...
Take a longer-term view and success is a little trickier. That's why TIME asked investment-tracker Morningstar to pull together a list of the best-performing stocks over the past decade. On the eve of 2010, we figured it was time to take a look back and see which companies most thrived during the aughts. If a company can maintain its momentum over 10 years, maybe there's something to be learned. (See the best business deals...
...Congress cares about polls. Obama's success depends upon his ability to get Congress to do his bidding, and as the polls have soured, this has become a much tougher proposition. With the President's approval rating now dipping below 50% in most polls, Democratic pollsters have begun to sound the alarm. In a recent public memo, Celinda Lake, of Lake Research Partners, pointed to a sobering statistic: Presidents with approval ratings below 50% have lost an average of 41 House seats in mid-term elections. (Democrats currently have an 81-seat advantage in the House, so Republicans could gain...
Immediately after 9/11, a combined U.S.-Yemeni effort to decapitate the Islamist group's leadership in the country and dismantle its infrastructure met with considerable success, Johnsen says. But since 2006, al-Qaeda has managed to regroup and grow stronger as Yemen's government struggles to hold on to its territory amid multiple rebellions and rising poverty. Now, Johnsen adds: "You can't just kill a few individuals and the al-Qaeda problem will go away." (See a story about whether Iran is causing trouble in Yemen...