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...might seem risky to open a new, untested store at a time when U.S. toy retailers are suffering (KB Toys, the second largest U.S. toy chain behind Toys "R" Us, filed for bankruptcy in December). But Mattel is opportunistically positioning itself to thrive, not merely survive, in a tough environment. Today, two-thirds of Barbie sales come from 150 foreign markets; international sales increased 12% in 2007, even as U.S. sales sagged by 15%. "What we're doing in Shanghai is an indication for the future of the Barbie brand," Dickson says. Mattel is already planning similar stores in Brazil...
...early encounter had little impact on Newman's career, which successfully spanned nearly five decades. Inspired by the sounds of bebop saxophonist Sonny Stitt, whose control of the instrument Newman called "superb," he became an important part of R&B crooner Ray Charles' crew in the 1950s; one of their biggest hits was "I Got a Woman...
...group’s initial protests, Harvard sharply reduced payments to its chief investors to less than a quarter of their 2003 levels, and the scrutiny over salaries played a part in prompting an exodus of money managers that included HMC’s long-time CEO Jack R. Meyer...
Barack Obama will select incoming UC President Andrea R. Flores ’10 as his new Secretary of Commerce. When asked why, he will respond, “Isn’t Ben Schwartz...
...school to adopt a grade-deflation policy, including quotas for A's. To skeptics like Gibson, grades should be guides to help students see where they can improve, not rubber stamps to confirm a smart kid's hunch that he or she is smart or gold stars on a résumé. "Grades don't only exist to be reported to college-admissions officers," he says. Gibson also rejects the Fairgrade argument that adjusting the standards would improve the dropout rate among those at risk of failing. "I don't think it helps any student to say, 'Well...