Word: auge
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Correction Appended: Aug...
...taking JetBlue for a joyride, the airline's promotion will probably pay off. The company isn't disclosing the financial performance of the pass, except to say that demand has exceeded expectations, to the point that JetBlue shortened the deadline that flyers could purchase the pass by from Aug. 21 to Aug. 19. Industry analysts expect healthy results. "It should generate a fair amount of revenue," says airline consultant Robert Mann, "and lots of goodwill for JetBlue." (See 50 essential travel tips...
...think we've already seen the upside. The buzz and excitement we've created have far exceeded our expectations. We look at it as just more than dollars and cents." For example, customers are flocking to the JetBlue route map: hits jumped 700% after the promotion was announced, on Aug. 12. Even flyers who ultimately passed on the offer became more familiar with JetBlue. "People are on the website, sitting around and figuring how much to take home at an all-you-can-eat buffet," says Mann...
...Under an agreement announced by Swiss and U.S. authorities on Aug. 19, Switzerland's second largest bank, UBS, will disclose the names of approximately 4,450 American account holders suspected by the IRS of evading taxes. In return, the U.S. Justice Department will withdraw its lawsuit against the banking giant and stop demanding the names of 52,000 Americans accused of hiding assets in offshore accounts. (See pictures of tea-party tax protests...
...steps into the position at a tumultuous time for Harvard's finances, which have been hit by a dramatic decline in endowment value and the departure this summer of two key financial administrators, including Lapp's predecessor Edward C. Forst '82, who left Aug. 1 after less than a year at Harvard...