Word: jumping
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Among the companies that made significant moves from last year's list, Ford made the biggest jump, from No. 51 to No. 37. "CEO Alan Mulally has been out in public making long-term decisions: not taking bailout money, having a vision," says Fronk. "It's a different story going on at Ford than at some of their competitors." Other big gainers included ExxonMobil, Pepsi, Costco, the Home Depot and Southwest Airlines. Among the companies falling the fastest in the rankings were Bank of America, Verizon, Sony, Target and Time Warner (the parent company of TIME). (See which businesses...
...weekend that saw about a 35% jump in ticket sales from last Easter, the mass audience gifted the new releases with nice, colorful eggs. One-man indie conglomerate writer-director-star Tyler Perry reunited with Janet Jackson for Why Did I Get Married Too, which pulled in $30.2 million - far above the three-day tally for the 2007 original. This is the fourth $30 million-plus opening for a Perry movie, though the revenue usually drops quickly in succeeding weeks. (His last four films earned at least 45% of their total take in the first three days.) Spending just...
...countries have appeared to weather the storm so far. Germany plans to boost its education budget by more than 9% in 2010, while France is increasing spending on higher education by $2.4 billion this year, a jump of about 5.3% from last year. However, experts caution that budget increases on this scale can't last in the economic downturn. "If one follows the announcements of the government, it looks as if universities should not suffer so much," says Dr. Paul Flather, head of the Europaeum, a U.K.-based association of 10 European universities. "But in practice, talking to professors...
...It’s just [that] the transition is so fast. It’s from zero to light-speed overnight, and when all the students arrive and the tutors are being trained, there’s really no other way to do it than to jump in and do it,” Gehrke said. “And the great thing about the House system is that there’s such great support...
...While expectations are low for any sudden jump in the value of the renminbi, the recent détente could make it easier for China to begin gradual changes. China's leadership was never likely to make any move on currency in the face of overt pressure from Washington, for fear of appearing weak in the eyes of its people. "Our view is that China was going to move around the middle of the year," says Green. "The China timetable was six months behind the U.S. on this, which creates tension. The tension makes a move harder. What we need...