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...numbers from March are like canned vegetables. It takes them a long time to spoil. That point was driven home by a study Fitch, the credit ratings agency, is preparing that shows "that between 65% and 75% of modified subprime loans will fall 60-days or more delinquent within 12 months of the loan change." In other words, even if homeowners are given a second chance to keep their homes and enjoy lower monthly payments, they are prepared to walk away. (Read "Four Steps to Ending the Foreclosure Crisis...
...McDonald's (MCD) plans to march into Europe and will have 1,300 McCafe locations within the next few years. McCafe only has one significant competitor and that is Starbucks (SBUX) which has already been beaten by McDonald's at every turn in the U.S. (Read: "Latte with Fries? McDonald's Takes Aim at Starbucks...
...Twitter grows, it will increasingly become a place where companies build brands, do research, send information to customers, conduct e-commerce and create communities for their users. Some industries, like local retail, could be transformed by Twitter - both at one-store operations that cater to customers within a few blocks of their locations and at the individual stores of giant retail operations like Wal-Mart (WMT). In either case, having the opportunity to tell customers about attractive sales and new products can be done at remarkably low cost while providing for greater geographic accuracy...
...paragraphs in the day's wire reports, lost in the stream of bigger names and numbers. She was wrapped in a blanket inside a particle-board coffin and loaded into the trunk of the Toyota where her brother sat next to her remains for the long drive back. Within hours, another deadly U.S. air strike in Farah's Bala Boluk district would kill scores of civilians and reverberate from Kabul to Washington. Criticized around the world and beset by demonstrations in Afghanistan, the U.S. military continues to dispute the high death-toll estimates in Bola Boluk. But even...
...says that Tibet shouldn't be considered a sensitive subject, and that the Open Constitution Initiative hasn't run into any problems with the government since releasing its study. But Bequelin says that the report hasn't caused trouble because it hasn't been widely distributed or covered within China. And while he notes that the group has been able to post the document on its website, he doubts printed copies will ever be permitted to circulate on the mainland...