Word: accountants
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Dates: during 2000-2009
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...University spokesman Kevin Galvin noted that compensation costs account for half of Harvard's operating budget, and also pointed to the other cost-cutting measures implemented by the University before the layoffs, including a voluntary early retirement program, a salary freeze for faculty and non-union staff, and strictly limited hiring practices. He said that staff reductions have thus far been "spread evenly across our workforce," and noted that the average participant in the early retirement program had an annual salary of $67,000, with roughly half the participants working as hourly employees and half as administrative and professional staff...
...robust balance sheets, except for Japan. Unlike the U.S., China and South Korea do not need to print money to fund their stimulus packages. And their spending is geared toward the future rather than toward mopping up the excesses of the past, as the U.S. must do. Green projects account for 81% of South Korea's economic-stimulus programs and 38% of China's - the proportion in the U.S. is just...
...plates, tripods, long exposures and an exacting development procedure, all of which resulted in less than satisfactory pictures - dull, tinted images that were far from true to life. So while Kodak's discontinuation of the iconic color film will affect only the most devoted photo buffs - sales of Kodachrome account for less than 1% of the company's revenue - the June 22 announcement breaks one of the largest remaining ties to the era of pre-digital photography. It also ends a legacy that includes some of the most enduring images of 20th century America. (See photos by Richard Avedon...
...required a large processing machine and several different chemicals and over a dozen processing steps. The film would never, ever be able to make the "one-hour photo" deadline that customers increasingly came to expect. Finally in the early 2000s came the digital-photography revolution; digital sales today account for more than 70% of Kodak's revenue...
...Montereale told Rome daily La Repubblica that she left after dinner and described D'Addario as a professional escort. Montereale says D'Addario told her that she'd had sex with the Prime Minister on Nov. 4. In subsequent interviews, D'Addario has neither confirmed nor denied Montereale's account...