Word: quarterly
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...macho, must-have merchandise like sweet-smelling soaps, stainless-steel garbage cans and extra-fluffy towels. Like most home-furnishing retailers, Bed Bath & Beyond, a $7.2 billion company with more than 1,000 outlets nationwide, has stalled in the recession: same-store sales dropped 4.3% in the fourth quarter of the fiscal year ending in February, while earnings fell...
...negative view of the future varied widely among respondents, depending on their ethnicity, gender and socioeconomic status. Older male Hispanic adolescents were the most likely to believe their lives would be cut short. Among teens whose families received any form of financial assistance from the government, nearly one-quarter believed they were likely to die young. (Read "Which Kids Join Gangs? A Genetic Explanation...
...Kennedy School drew a quarter of its operating budget from its endowment—roughly the same fraction seen at the Medical School but only half of that seen at the Faculty of Arts and Sciences. As of June 30 last year, the Kennedy School's endowment stood at $1.1 billion, although University administrators have for months projected a 30 percent decline in Harvard's total endowment over the course of this fiscal year. Current use gifts compose another 20 percent of the Kennedy School's budget—the largest amount at all of Harvard's schools, with...
...equally self-destructive position on food aid. Thanks to bad floods in 2007, food shortages last year were likely the worst experienced since the 1990s. The World Food Program (WFP) says it has launched a program to feed 6.2 million people in North Korea, or more than a quarter of the population. Yet in March, North Korea, without explanation, rejected all food aid from the United States, its largest official donor, and kicked five aid groups distributing the food out of the country. The step is potentially disastrous for the North Korean people. The WFP figures that last year...
...along, Netanyahu has insisted that a different Middle East crisis, Iran's nuclear program, should be the focus of his relations with Washington. And though the Obama Administration resisted that argument, Netanyahu may now be getting help from an unexpected quarter: the Iranian regime, whose violent crackdown on peaceful protests against election-rigging have created a more pressing foreign-policy crisis for the Obama Administration. (See pictures of President Obama in Saudi Arabia...