Word: thirds
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...perhaps the biggest reason for optimism is Xi'an residents like Lu Bo. The 32-year-old says the salary he earns as a salesman in the air-freight department at China Eastern Airlines was reduced by a third last year when his company was hit hard by the financial crisis, but that hasn't stopped him from spending. So confident is he about the future, he recently went out shopping for a new refrigerator. "Judging from my job, my life, I think everything will become better and better," Lu says. And maybe for the entire world economy as well...
...sound proposition. Zynga attracted $39 million in start-up money and got a second wave of $15 million this month. Ads and virtual goods bring in most of the revenue. But because people who play free games on the Internet like the free part, Zynga needed a third income stream--product come...
...area, more than any other city of comparable size. Muslims have had a presence in the Detroit area since the 1920s, when Henry Ford brought over thousands of workers from the Middle East to operate his giant River Rouge plant. People of Middle Eastern origin make up a third of the population; public schools close for Muslim holidays. (See pictures of Muslims marking the end of Ramadan...
This just in: Somalia hasn't gotten any better. For the third year in a row, the African nation topped the annual Corruption Perceptions Index, produced by the global watchdog group Transparency International, because of concerns over rampant piracy off its coasts and the crumbling government. More troubling for the U.S. and its allies, Afghanistan, viewed as the second most corrupt nation, is up three spots from 2008, as its Taliban insurgency has worsened. Iraq, still bedeviled by reconstruction woes, placed fifth...
Plain old niacin--a B vitamin--may be better at unclogging arteries than an ingredient in Merck's multibillion-dollar cholesterol drugs Zetia and Vytorin, according to a recent study. It's the third trial in two years to question the pills' effectiveness. Patients are growing skittish: sales of both drugs fell to $4.56 billion in 2008, down 12% from the year before...