Yet Lagarde has attained front-runner status. Returning to the U.S.-based IMF would be a homecoming of sorts for her. She became well known in Washington and New York while heading Baker & McKenzie. Earlier she attended the Holton Arms School in Bethesda. She speaks fluent English.
Alcoa reported a second-quarter profit of $138 million, reversing a year-ago loss, and the results beat analysts¡¯ expectations. The company reported strong results in its engineered-products business, which makes parts for industrial customers, while looking to cut costs in its aluminum-smelting segment. Economy

Federal Reserve Vice Chairman Stanley Fischer suggested that banking regulators should seriously consider broadening their goals to include financial stability as policymakers around the world debate strategies for preventing another global crisis. Fischer argued that an explicit stability mandate could give regulators more firepower to combat risks as they emerge.

U.S. consumer borrowing surged again in May as Americans took out more loans to purchase cars. The $19.6 billion increase in credit followed a revised $26.1 billion gain in April. Non-revolving lending, which includes auto and school loans, advanced by the most in a year. Washington
In business terms, it is Adi who has won. Adidas is by far the bigger company, employing 39,000 compared with Puma's 9,000. But it is the nature of the Adi- and Rudi-driven rivalry that has given both firms their fighting spirit, trying to outdo each other by securing endorsements with the world's top sportsmen and women.
The retailer's stock dived 97p to 674p, as it also revealed slightly-lower-than-hoped-for profits after a ¡ê6.3m hit from restructuring costs at its new Republic chain as well as a cautious outlook for the next few months.
¡°He really knew what he wanted, he knew what tone he wanted to set, he knew what he needed to accomplish in a scene, but he was also willing to adjust something if he needed to. He had flexibility,¡± she said. ¡°I¡¯m not surprised that people are enjoying it. .?.?. It played so beautifully. I think it played the way it read, where it appears to be about one thing that¡¯s kind of wildly, raucously funny and then there¡¯s something mysterious and touching and surprising about it.¡±
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