Word: problem
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...Starbucks's stock, which has fallen more than 50% in the past two years, rallied in early-morning trading. Investors liked the announcement, which replaced an earlier, less-aggressive plan to shutter just 100 shops. "The first step is admitting you have a problem," John Glass, an analyst at Morgan Stanley, wrote in a research note. He estimated that closing the 600 stores could boost U.S. operating margins by at least 1 percentage point...
...There's a clear sense of urgency here," says Nobuo Tanaka, director of the International Energy Agency. "The oil burden is going to keep rising to levels of the last oil shock, in the 1970s. There's a sense now that this is a shared problem...
...British Petroleum CEO Tony Hayward called the suggestion that speculation was behind the doubling of crude prices in the past year a "myth," and instead blamed geopolitics, a decline in Russian production and increased demand for the crunch. "Supply is not responding adequately to rising demand," he said. "The problem is above ground, not below it." ExxonMobil CEO Rex Tillerson echoed the last part of Hayward's equation: "Look, it's hard for us to fully understand what's behind the high prices - there's a decoupling from historic indicators. But clearly, demand is driving...
Tunisian farmer Afif Elphil was in the south of the country scouting a new crop of watermelons one morning when a call arrived from the Port of Tunis. El Phil, the young chief of the Jinene Agro farming business, figured the customs agent was calling to report a problem with his latest load of peaches, bound for Marseilles in a refrigerated truck aboard a cargo ship. But the paperwork and produce were all in order. The problem, the customs officer explained, was that an electronic scanner had detected something moving inside - the farm's two night watchmen, stowed away among...
...eager (read: brown-nosing and naïve) young interns, realizing only moments later that I was sitting 10 feet away. When N.W. noticed me, she smiled disarmingly, introduced herself, shook my hand, and moved right on. She can be cloying when she wants but appears to have no problem being snippy. It is unclear how well-liked she is by those around her, but it seems that N.W. gets the job done, and that is what matters more...