Word: poorly
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...least one measure you can't keep down: fear. Wall Street's favorite measure of market volatility and investor jitters, the Chicago Board Options Exchange Volatility Index - VIX for short - briefly topped 80 points for the first time Thursday, as U.S. stocks slipped on a pile of poor economic news. The VIX, dubbed the "fear gauge", eventually closed at a touch under 68, three times the average over its 18-year history. Prior to this past week, the index hadn't even scaled the 50 mark...
...details here. But the bottom line is very strong - and very clearly shows how solid, diversified and growing Google is. And what about the future in this cataclysm of an economy? While CEO Eric Schmidt was characteristically measured and calm ("While we are realistic about the poor state of the global economy, we will continue to manage Google for the long term...") it looks like Google will emerge from Great Depression 2.0 bigger and stronger than ever. Spend some time with the balance sheet, and listen to Google's top execs - who jackjawed over an hour with analysts after...
Businesses, homegrown and foreign alike, also face several problems that are unique to Saudi Arabia. The quality of the local workforce is poor, owing to an education system that has long placed religious studies above science and math (unlike that of the élites, who are often Western-educated). Reforms are under way, but it will be years before Saudi universities are churning out world-class engineers in the numbers the country needs. Nor can businesses expect to simply import employees, which has long been the norm in the Persian Gulf economies: mindful of that youth bulge, Riyadh is imposing...
...ignoring conventional reasoning, but how can you ignore the time-tested strategy of establishing the running game when you have two great tailbacks, as Cornell does in Luke Siwula and Randy Barbour? The duo only has a combined 106 carries on the entire season while poor Big Red quarterback Nathan Ford has been forced to throw the ball 116 times in just his last two games. It just barely worked against so-so Lehigh two weeks ago, but last week’s 38-17 loss to Harvard should convince Cornell coach Jim Knowles to spread the wealth...
...suddenly remembered that all those bodies I maneuvered past had feet, and all the female feet wore nail polish. No woman I saw in Mumbai was so poor that there wasn’t some disintegrating color on her toes, some trace of shimmer. Personal grooming, which had always struck me as a waste of time, took on a new character. Getting your nails done wasn’t selfish, it was a kind of neighborhood beautification. I was living in a city of 40 million filthy, scuffed, aching feet, but all across Mumbai women were getting pedicures?on Malabar...