Word: bids
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...Auctions only work for shoppers if they do a little research. Consumers need to know the price of a given item in the local grocery store, and discipline themselves not to bid above that number. Such self-restraint is no easy task. "We joke all time about the Little Debbies," says Chris Crepeau, owner of Michigan Auction Sales in Holt, Mich. "People always want those specific snack cakes, and pay too much for them." The auction process sweeps up some shoppers - I just want to win, darn it, no matter how much I pay for that dog food. Others figure...
...They also often need a respite from grocery shopping's drudgery. Scouring the supermarket for all the items on your list is not much fun. You may get pumped shopping for shoes and new shirts, but who relishes the chance to buy relish? Sure, you can bid on frozen chicken pot pie over the eBay, but that's a pretty lonely endeavor. At the very least, these auctions offer another social outlet in tough times. "It's a fun experience," says Randy Zimmerman, a mother of seven from Holt. "We goof around with the auctioneers. People are having conversations throughout...
...next governor of Texas. Polls suggest she has an early lead, and Masset points to her overwhelming victories in the past as evidence of her wide support not only among Republicans but also among independents, who can vote in Texas primaries. He has urged Perry to forgo another gubernatorial bid. Masset believes that Perry should be content with one major accomplishment: helping to create more jobs in Texas than the rest of the U.S. during his tenure. "Your place in history is secure," Masset wrote in a recent analysis piece for the Quorum Report, an insider political newsletter that circulates...
Since Google's sales operation is basically an auction system where companies come and bid on search terms, the fact that Google's revenue grew at all is not only a sign that marketers have money. It is a sign that competitors are willing to bid against one another to get the best results. A bidding system makes the buyer take a risk that by paying top dollar he can get a reasonable return. When millions of customers are willing to participate in that system to create demand for their products, the economy may be crippled...
...Other countries in the region are made uneasy by China's thirst for resources. Last month, the Australian government rejected a $1.8 billion bid by Chinese mining company Minmetals to acquire debt-ridden OZ Minerals, the world's second-biggest zinc miner, due to national security concerns. OZ Minerals has operations near Australia's Woomera weapons testing site...