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...very strong No. 3 position globally [behind BMW and Mercedes]. But we want to be the most successful luxury brand on a basis of brand image, on a basis of reputation and ownership experience - if you get all of those things right, sales performance will follow. (See the 50 worst cars of all time...
...Right. Money obviously means nothing to anyone at Goldman Sachs. A lot of people have sounded the death knell for print media, but you disagree. Why? People don't realize how much better a business it was to start with. The worst kind of business is the hit-driven business. One celebrity can hold up your entire enterprise. People are forever tricked into believing that somebody has the magic sauce and must be paid whatever they ask. Businesses such as newspapers, where the content is continuous and you're relying on the value of a franchise rather than a star...
...Then a not-so-funny thing happened on the way to rebalancing: the worst economic crisis since the Great Depression. The Chinese response to sharp declines in manufacturing and exports has been cheered for its effectiveness. Government stimulus spending and loose credit powered the country's economy to an 8.9% growth rate in the third quarter, and the most recent Purchasing Manager's Index (PMI), a widely watched gauge of economic sentiment released on Oct. 30, rose for the eighth straight month. It now shows "sustained expansion in industrial activity," says Jing Ulrich, managing director at JPMorgan in Hong Kong...
...Germans had better weaponry, and the weather was on their side: shortly after the landings, the Channel was scoured by its worst storm in 40 years, which slowed the Allied buildup. The terrain was also on their side: the towering Norman hedgerows, part of a topographical oddity known as the bocage, were so tall and thick, they could and literally did stop Sherman tanks. (Watch TIME's video "The Iconic Photo...
...Matthew Shepard and James Byrd Jr. Hate Crimes Prevention Act, signed into law by President Obama on Oct. 28, represents both the best and the worst of the modern-day civil rights movement. Given the current legal framework, it was outrageous that crimes committed against individuals due to their sexual orientation were excluded from the roster of hate crimes. By correcting this injustice, the Shepard Act accomplished something important. However, the act also upholds and perpetuates the noxious notion that crimes ought to be weighted by the nebulous standard of “hate?...