Word: succession
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...economy is not the only reason people are drawn to McDonald's. The company's management also deserves credit for its success. Back in 2003, America's obesity epidemic was a hot topic, and McDonald's suffered from the backlash. For the first time in its 47-year history, the company saw a quarterly loss. Its stock was down to $12 a share. You couldn't just blame bad p.r. for the company's woes. Stale food and tired stores also kept people away. "McDonald's was actively dissuading customers from coming back," says John Glass, a Morgan Stanley analyst...
...from a done deal," says the official. "We've already said that with the current situation in world markets, there needs to be major consolidation in the car business, and as we've shown today, we'd like to be part of that." Still, despite its more recent success, the Italian company's share price is near an all-time low, and Tuesday's deal may have been an attempt, above all, by Fiat to strut for investors. Fiat shares, which had been suspended earlier Tuesday, rose nearly 4.5% after the deal was announced, only to end the trading...
...challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends - hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism - these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that...
...force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control - and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our Gross Domestic Product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart - not out of charity, but because it is the surest route to our common good...
...When farmers are afraid of water pumps and young girls are nostalgic for Taliban rule, it is clear that there has been a strategic failure. Success in Afghanistan will not be measured by the number of Taliban killed or the capture of Osama bin Laden. Even elections mean little when most Afghans assume that they are fixed by foreign nations from the outset. No, success will come as incrementally as the number of teenagers who graduate from school and find a job. It will come when Afghans look to their police for help, and when they can get justice from...