Saturday, September 20, 2008

Challenges In The News 09/20/08

But this new strategy presents unique challenges.

Meanwhile, Yahoo continues to face challenges of its own.
“Challenging credit-market conditions, combined with Moody’s role and function in those markets, have created scrutiny and criticism from numerous external sources about various aspects of our business,” Moody’s Corp. Chief Executive Raymond McDaniel said in a letter to employees Wednesday.

White House May Soften Health Policy. The letter came as the administration faces pressure from Congress and legal challenges by several states, including New York and New Jersey, over the 2007 directive.

Loyola faces big challenge in No. 1 Duke

After the renovation and the switch to Bermuda grass, Klauk has been able to present a firmer, more challenging course.

Toyota faces a challenge in maintaining profit partly because of the recent decline in the dollar, which erodes the value of overseas earnings of Japanese exporters. “Without a doubt we have challenges, and in some cases things are going to be a little slower than we expect,” Chernin said. But the company is “developing the solutions to meet them.”

Chief Executive Dieter Scheiff said markets have become more challenging and the company expects only modest growth this year, not the revenue boost of 7% to 9% he had planned.

Apple’s exclusive arrangements haven’t stood in the way of selling about 5.7 million iPhones as of the end of March, and posing one of the first major challenges to the dominance of BlackBerry maker ResearchInMotion Ltd. and handset maker Nokia Corp. on the market for more advanced cellphones.

Mr. Heese is relentlessly optimistic – he recently finished a book on Noel Prize laureates called “The Impossible Takes Longer.” And he can be blunt about Sprint’s challenges.

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