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...coincide with the struggles of Starbucks, whose earnings sank 77% this past quarter, mainly because of charges related to store closures and falling real estate values. McDonald's will gladly kick a double-soy-latte-drinking competitor while it's down. "This is shock and awe," says Steve West, restaurant analyst at Stifel Nicolaus. (See nine kid foods to avoid...

Author: /time Magazine | Title: Latte with Fries? McDonald's Takes Aim at Starbucks | 5/7/2009 | See Source »

...Lanka in the last few weeks, but all of them have been written under tightly controlled conditions. The Army has arranged two recent trips, taking journalists first to the former Tiger political headquarters in Kilinochchi, which has been under Army control since Jan. 1, and then to Putumattalan, just west of the current combat zone. One group had time to speak to with some of the civilians fleeing the fighting. "We need to monitor the entire thing," says Keheliya Rambukwella, a spokesman and minister in the Sri Lankan government, because, he says, media coverage has been biased in favor...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

...Nano production is taking place at a retooled truck plant in Pantnagar in northern India. Tata does not expect to open its dedicated Nano factor - a facility that will be able to churn out 250,000 cars a year that is now under construction in Gujarat on India's west coast - until next year. "Tata Motors will take at least two to three years to get to full capacity," says Darius Lam, associate editor for AutoCar Professional. "Ramping up is a slow process...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

...year Quincy Bock, who took care of crewing duties. The pair finished ninth in the division, as they finished in the top five in half of their eight races, placing in the top three on two occasions.Harvard can now look forward to making the cross-country trek to the West Coast for nationals at the beginning of the summer.“There is a wide open field at nationals,” Garrity said. “Three teams have consistently been at the top of the standings all year, but for the rest of us, anything can happen...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: WEB UPDATE: Co-Ed Sailors Qualify for Nationals | 5/5/2009 | See Source »

...Asia is doing what the West cannot do despite political and military divisions among many of them that go back decades. Nations in the region are building a coercive plan to protect the region's financial stability. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Asia's Economies Form an Alliance the West Can't Match | 5/4/2009 | See Source »

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