Word: blocking
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...category's core advertisers - financial services, automotive and business-to-consumer types - have borne the brunt of the recession. And all advertisers now have many more outlets in which to spread their spending. More magazines are covering business, and there are dozens of newer, cheaper digital players on the block...
Spending Cuts Then came Spain's property crash and the financial turmoil in the U.S., which tipped the world into recession. On a recent Friday, González's studio was empty. There is at least one boarded-up storefront on every block of the street where it is located. Cafés, children's boutiques, legal offices, furniture stores, language schools - the recession has closed them all. "I'm getting by on piercings," says González with a shrug. "They're a lot cheaper, so the kids can still get enough money to pay for them...
...UCLA, the campus is projecting 165 fewer courses for the fall quarter, a 10% drop compared with fall 2008, Chancellor Gene Block said. There will be larger classes, which are expected to exceed an average of 60 students each. "We've already seen a 20% increase in the average class size over the last three years, due to increases in student enrollment not covered by state support," Block explained. At UC San Diego, Chancellor Marye Anne Fox said, "our student-faculty ratio is so high that students may not be able to graduate on time." (Read about the struggle...
...backstop against systemic failure to create personal profits. "We want financial systems to be healthy," says Robert Gibbs, the White House press secretary. But, he adds, "the President continues to have concerns that compensation will be based on risky behavior instead of performance." (Read "Obama Urges Congress Not to Block the Bailout...
...mile. This comes with the added benefit of low maintenance costs for EVs and, of course, zero emissions. In the U.S., 40% of greenhouse-gas emissions come from transportation. And never underestimate the force of status. Along with a $7,500 federal tax credit, being the first on the block with a road-worthy EV is expected to be the market's primary driver in the years ahead...