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...spectrum, only two media companies make the list - broadcaster Central European Media Enterprises and comic-book-based Marvel Enterprises (which Disney is buying). For the most part, companies that go head to head with an Internet full of free entertainment and information don't make the biggest bucks...
However, department stores, such as Macy's, Dillard's, Bon-Ton Stores, JC Penney, Neiman Marcus, Nordstrom and Saks, will likely be squeezed to bring in the biggest markdowns as these retailers typically rely on the holiday season to generate between 45% and 50% of their operating profits, says Karen Ghaffari, a managing director at Fitch Ratings...
...made off West Africa's coast, giving the world a (usually) reliable new source of oil. The U.S. already imports 16% of its oil from Africa, according to the U.S.-based Energy Information Administration, and wants to raise that to 25% in the future. Nigeria holds by far the biggest reserves in Africa and supplies 8 to 10% of all U.S. oil imports, according to the EIA. But in recent years, rebel attacks on oil targets - blowing up pipelines and kidnapping foreign oil workers - have cut Nigeria's production by as much as a third and regularly caused the world...
...tricky balance, especially in a year that saw a series of sensitive anniversaries. March marked one year after riots broke out in the Tibetan capital of Lhasa; June was the 20th anniversary of the Tiananmen crackdown; and - biggest of all - on Oct. 1, China marked the 60th anniversary of the founding of the People's Republic. Online censorship followed each in near lockstep. China blocked YouTube in March, Twitter in June and various proxy and virtual-private-network services - used to bypass domestic blocks and access to overseas websites - ahead of the National Day celebration. China's Web censors blocked...
...Rapid urbanization across the country pumps up the demand for property, and therefore has made it harder to pass a bill that might thwart land acquisition," he says. "This boils down to the inevitable clash between urbanization - in which local governments and some real estate developers are often the biggest beneficiaries - and the protection of private property...