Word: allowances
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...What's there to like about this merger? The combined company will effectively cut out middlemen, such as independent concert promoters, business managers, lawyers, agents and venue owners who want a piece of the pie, and allow artists to deliver services "quicker, faster, better and cheaper" to its fans, said Luke Froeb, associate professor at Vanderbilt University's Owen Graduate School of Management and a former senior economist with the FTC and Justice Department. From a stock perspective, Citigroup analyst Mark Mahaney sees significantly bigger growth than Ticketmaster would enjoy...
Pietrangelo and others argue that Obama has leeway under the law that codified "Don't ask, don't tell" after the 1993 outcry when Bill Clinton tried to allow gays and lesbians to serve openly. The President, they say, could instruct the Secretary of Defense, who has the sole power to carry out the law, to make investigations a rarity, so that "Don't ask, don't tell" simply does not function. Indeed, Obama could tell the Pentagon that, as a general matter, it is not in the best interest of the armed forces to expel a service member solely...
...world's attention as they served out their long and difficult sentences. Lee and Ling have the Obama Administration moving on their behalf; the White House has already urged North Korea to release them "on humanitarian grounds." Sources knowledgeable about North Korean politics and prisons say Pyongyang will not allow the high-profile prisoners to starve to death, die of disease or endure torture. Small comfort. In any case, since their detention in March, the journalists have been visited by representatives of Sweden's embassy in Pyongyang, and over the weekend, some news outlets reported that former U.S. Vice President...
...instance, came out of the stress test a month ago in need of $1.8 billion in additional capital. But in the past month the bank was able to raise nearly $7 billion by selling new shares of stock. The result: Morgan says those stock sales and other moves will allow the bank to repay all of its TARP funds by the end of June. And Morgan won't be alone. All told, eight of the 19 banks will tell regulators that they plan to pay back their TARP funds in the near future. (Watch TIME's video of Peter Schiff...
...this new service that lets you send 140-character updates to your "followers," and you think, Why does the world need this, exactly? It's not as if we were all sitting around four years ago scratching our heads and saying, "If only there were a technology that would allow me to send a message to my 50 friends, alerting them in real time about my choice of breakfast cereal...