Word: rollouts
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...introducing lattes, cappuccinos and mochas in individual markets across the country. Some 80% of the company's 14,000 U.S. stores now sell these drinks, and this week McDonald's will roll out a national advertising campaign trumpeting the McCafé section of its menu. The timing of the rollout just happens to coincide with the struggles of Starbucks, whose earnings sank 77% this past quarter, mainly because of charges related to store closures and falling real estate values. McDonald's will gladly kick a double-soy-latte-drinking competitor while it's down. "This is shock and awe," says...
Comments by JP Morgan got to the heart of the issue of why the latest figure is not a bottom. According to MarketWatch the firm said in a note, "The government's rapid easing of credit and rollout of infrastructure projects has bolstered FAI, helping offset decreased investment by export manufacturers and property developers." The US faces the same problem with its stimulus package. If it does not catch hold quickly unemployment, falling housing prices, and lack of access to credit will overwhelm the money being pushed into the economy by the Administration. (See pictures of China's electronic waste...
...heir apparent as she feuds with the father of her daughter's baby. And two unpopular figures from the last Administration, former Vice President Dick Cheney and Bush adviser Karl Rove, have rarely missed an opportunity to attack the new President. Most recently, House Republican leaders botched the rollout of the party's budget alternative, and then, naturally, blamed one another for it. (See pictures of Bristol Palin and Levi Johnston...
...Geithner was botching his job and why the Treasury only just found out about the bonus payments. This week, though, Geithner was saved, in part, by the introduction Monday of the long-awaited details of his plan to get credit flowing again. Unlike his first stab at a rollout, this scheme was well received by the stock market, sending the Dow Jones industrial average up nearly 500 points, the fourth best day of trading since 1933 (though many economists still had doubts about it). At least half the questions Tuesday were forward-looking, centered on the particulars of the public/private...
...rollout plan for the rest of the world set. Tata Motors sells cars, trucks and buses in 16 countries in Europe, Africa, the Middle East, South America and South Asia. For now, the company only has firm plans to export the Nano to Europe starting in 2011. While the possibility of selling Nanos in the SUV-loving U.S. were once considered remote, Tata executives now say the recession is changing the buying habits of American consumers, offering an opening for economical vehicles. They have plans to develop a Nano for the U.S. in the next three years...