Word: turnly
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...this year, companies in the Standard & Poor's 500 are likely to have lost as much as $400 billion since the start of 2008, according to S&P. It's a sign of just how badly the recession has hit big companies. But it could also turn out to be a leg up for corporations in the recovery. All that red ink could turn out to be a little-noticed boon for corporate bottom lines. That's because companies are allowed to record a tax credit for current losses in order to lower their tax bill when they return...
...months - as U.S. deaths in Afghanistan have reached historic highs - weighing the wisdom of both decisions. In Washington, backers of McChrystal and his manpower-intensive counterinsurgency strategy say delaying the dispatch of reinforcements endangers the mission, but those who are more skeptical of the military's ability to turn the situation around praise Obama's methodical approach, in hopes it will prevent Afghanistan from becoming another Vietnam. (Watch a slideshow of the war in Afghanistan...
...after the top leaders of the opposition by opening an investigation into the activities of Mehdi Karroubi, one of the losing presidential candidates. Karroubi has been collecting evidence of abuse and murder by government security services in the aftermath of the election. The fact that the government could turn against someone with such impeccable revolutionary credentials (Karroubi was a confidant of the late Ayatullah Ruhollah Khomeini and a former speaker of parliament) is a sign of just how tightly the new circle of power is drawn. If anyone needed a reminder of how little room is left for legal political...
...contrast, the bill's proponents believe it could help thaw U.S.-Cuba relations and in turn improve conditions for an eventual democratic transition in Cuba. The measure is supported not only by the travel industry but by the U.S. Conference of Catholic Bishops, human-rights groups like Human Rights Watch and policy think tanks like Freedom House, the D.C.-based Cuba Study Group and the Brookings Institute. The White House, careful not to alienate Menendez when it needs every Democratic vote on issues like health care reform, has yet to throw its support behind the bill. But despite Obama...
...David Cameron by going dramatically off-message on the party's European Union policy last month, provoking a Cameron aide to send him a Mafia-style text message: "La vendetta è un piatto che va mangiato freddo," or "Revenge is a dish best eaten cold." Johnson, using the florid turn of phrase that is his hallmark, continues to insist his relationship with Cameron is one of "glutinous harmony." (Read "David Cameron: The U.K.'s Next Leader...