Its president is setting out to fix the institution. He shouldn't be timid
In the face of a massive traditional and social media campaign, the appliance store shrugged
Before they can be sent home, they need to be housed, fed, and given court dates
Twitch also has technological chops that could appeal to Google
The boss of investment bank Bear Stearns until 1993, he was embittered about the firm's near collapse in 2008
An $895 plastic helmet stimulates hair growth
Because of global warming, Crystal Cruises will send passengers on what it bills as the first luxury ship to "traverse the Northwest Passage"
A host of research speaks to the business advantages of having a wider-than-average face—if you're a man
Profiled companies pay the recruiting service, but job-seekers don't
Budget balance: -2.7%
Current account: -6.6%
Sovereign credit rating: BB-/Stable
Stock market: -53.9
Turkey dodged a bullet earlier this year when its top court declined to ban the ruling AKP party and force the President and Prime Minister out of office. But while investors sighed with relief, Turkey's fundamentals have been heading south. GDP growth is expected to slow from 4.5% in 2007 to just 3% to 3.5% this year. The budget deficit is at 2.7% of GDP and climbing. But Turkey's biggest worry is a current account deficit amounting to 6.6% of GDP. While local banks are strong (with capitalization ratios above 17%) and relatively shielded from the global credit crunch, Turkey's large amount of foreign debt leaves it vulnerable to swings in global investor sentiment. A sudden slowdown in capital inflows could raise borrowing costs and whack the economy.