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...paid him were seeking someone else to do it, BusinessWeek.com's editor in chief John A. Byrne wrote, "What newspapers and magazines are going through right now is a business-model problem, not a readership problem." For Business Week, actually, it's a bit of both: the magazine's total audience declined during the first six months of 2009, according to the latest MRI data, while Fortune's and Forbes' grew. Interestingly, in the same period, its website, with the much touted Business Exchange - a business-news aggregator cum social-networking site - increased its readership, usually drawing a little over...
...indie action, the romantic comedy (500) Days of Summer had a boffo opening, earning $31,000 per screen for an $838,000 total in a limited opening. Those numbers stoked hopes at Fox Searchlight for a hit of Junoesque proportions: $143 million in North America. But they won't change the business model for Hollywood, which drools over the thought of finding another series of books it can spin into even more movies than the eight Harry Potters. Well, the Old Testament has, by some counts, 46 books, including some internal sequels (1 Kings, 2 Kings). Granted, down around Obadiah...
...this city of about four million, Morocco's biggest, thousands of people live in suburban shantytowns and slums. The urban squalor and poverty fuel extremism; the suicide bombers who killed a total of 48 people in attacks on downtown Casablanca in 2003 and 2007 all grew up in such places. While Moroccan authorities claim to have eradicated terrorism cells in the country's most depressed urban areas, millions of residents remain cripplingly poor. Unemployment in the slums stands at 32%. And the illiteracy rate of 64% is more than 10 points higher than the rest of Casablanca's. (See video...
...families of 9/11 victims and dared the court to inflict the harshest punishment for the crimes which, after veering erratically between denial and advocacy, he finally took responsibility for. In May 2006, a jury decided against the death penalty but sent Moussaoui, now 41, to life imprisonment and near total isolation in Colorado's ADX Supermax prison...
...renegotiate its $6.3 billion agreement to reimburse the Dutch and British who had accounts with Icesave, the internet arm of the now-defunct Landsbanki, which collapsed last October. The deal was a condition of the IMF bailout, and Iceland has 15 years to pay it back. But the sums total almost half the country's annual output and could jeopardize any recovery...