Word: afforded
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Dates: during 2000-2009
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...project some semblance of urbane flair. But the high-rise-condo market is in dire shape. Murren says MGM Mirage has 50% of its condos under contract, but it also recently announced a 30% price reduction to lure in new buyers as well a financing package to help buyers afford to close the deal...
...Little wonder. Industrial action could have cost Europe's third biggest airline as much as $50 million each day had the strike gone ahead as planned on Dec. 22. That's cash - and cachet - the struggling carrier can ill-afford to lose. Tumbling first-class passenger numbers and a ballooning fuel bill left the airline with a $656 million pretax loss in the 12 months ending March 31. It lost plenty more in the first half of this year too. The airline's $6 billion pension deficit, meanwhile, is among the biggest...
...little nervous. The company is reaching out to a broader, more Middle American demographic than some of the others." AT&T offers a commodity, phone service, and Tiger's golf bag is basically a billboard for it. This is one company that can probably afford to drop Woods from its roster...
Some of what the new leadership is saying sounds familiar, such as Reuss's assertion that GM can't afford more talk about being merely "competitive" with Asian carmakers but instead must build "the best" vehicles. He also probes deeper: "We have to rebuild our relationships with customers," says Reuss, who was in charge of GM's engineering organization before his promotion and now openly volunteers that he is disappointed by GM's poor showing in the recent Consumer Reports rankings of vehicle quality and dependability. Reuss blames the bad rankings on an internal GM culture in which employees were...
Home care is much cheaper than nursing-home care, which averages about $200 per day. Yet millions of Americans who need long-term care but can't afford to pay for it have to "spend down" all their assets, become poor enough to qualify for Medicaid and then move to nursing homes, which the program covers. (Medicaid coverage for home health services varies from state to state.) This does not come cheap for the government, which pays about 60% of all long-term-care costs in the U.S.; only about 5% of Americans currently have private long-term-care insurance...