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...Town represents a new wave of recession-themed romantic comedies, we're truly headed for a depression. I'm not sure who should be more appalled by it: female executives or people from Minnesota, especially the ones who don't polka or wear Viking helmets on a weekly basis. Certainly the person who should be most scared by it is Renée Zellweger's agent. (See TIME's top 10 movie performances...
...year there were 15 reported arsons, including one in October that killed an 83-year-old woman. One man was arrested in connection with that fire, and two others were charged with other fires around the same time, but police told reporters they have no suspects in the latest wave of blazes. (See the top 10 crime stories...
...just about political survival. Monday morning saw the first casualty of his office when his press spokesman, Wade Nkrumah, handed in his resignation. Portland, like the rest of the country, is feeling the effects of the recession; the city is also in the middle of something of a crime wave. Two teens were killed and seven injured in a shooting outside an under-21 nightclub last weekend. Only 10 days earlier, there had been a gang-related shooting in broad daylight. How does a public servant go about his duties with so much public outrage and sniggering? "This is something...
...been almost 10 months since Zimbabwe's opposition beat Robert Mugabe's ruling Zimbabwean African National-Popular Front (Zanu-PF) in a general election. Mugabe refused to accept the outcome, calling it a "mistake," and unleashed a wave of violence against MDC supporters. After winning a run-off against Tsvangirai - the MDC leader had withdrawn in the face of the violence - Mugabe unexpectedly announced his intention to share power. Ever since, the two sides have been deadlocked in negotiations over how that might be accomplished. In the meantime, Zimbabwe's humanitarian crisis has sharply deteriorated. Inflation has spiraled...
...next wave of M&A, which will almost certainly begin within the month, is one designed at helping troubled companies survive by pressing cost cuts through consolidation of common functions. It is an ugly set of motivations but compelling enough to insure that investment banks can call some of their best deal people and ask them to come back to work...