Word: almost
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...According to West, the new McDonald's drinks are almost $1 cheaper than those at Starbucks. "Is it Starbucks quality?" asks West. "I would never say that. But they're in the ballpark. And that's where they need to be." The analyst also conducts bimonthly consumer surveys, and found that over 60% of respondents said they will trade down to McDonald's coffee if the drinks are cheaper and made faster. Given the company's pricing history and the likelihood that the McCafé system will be quicker than Starbucks baristas, consumer sentiment is trending its way. Thompson says...
...most exciting day of the financial year should have been today because the government releases the results of its multi-month bank "stress test" program which includes thorough vetting of the health of America's 19 largest banks. That part of the drama is over. Someone leaked almost all of the information on the banks that failed the tests and how much money they will be asked to bring in as new capital. Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) are troubled, as the government sees it, and will have to improve their balance sheets...
...losses from credit cards, commercial real estate, corporate loans, and derivatives may be substantially greater than the government could have ever imagined. Banks could face hundreds of billions of dollars in additional write-offs. The government and bankers did not see the crisis that is just passing coming. They almost certainly won't see the next...
...next to a painting of a moose with a halo.This image seems particularly appropriate for a group that worships the outdoors. Incoming President Rebecca R. Hersher ’11 says, “If you’ve never summited a mountain before it’s almost like a religious experience. You get to the top and the wind blows in your hair. You can’t even imagine it.”“There’s no excuse not to leave campus,” says Peter F. Hedman...
...anti-corporate populists. Americans don't like the insurance industry, Luntz writes to Republicans, and neither should they: "We suggest ratcheting up the rhetoric against insurance companies to almost the same degree as you do against Washington bureaucracy." In fact, the whole discussion of health care as an economic issue should be scuttled - it should be framed as a personal, human issue at every opportunity. So less talk of consumers and free markets, more talk of patients and wellness. Besides, he points out, "in case you missed it, capitalism isn't exactly in vogue these days...