Word: bottomly
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...based Genco Shipping and Trading wrote off a $53 million deposit in order to get out of a $530 million deal to buy six new vessels, freeing up liquidity and strengthening the firm's "ability to act opportunistically," a Genco spokesman said. As companies pull back to protect their bottom lines, many are simply taking ships out of service, says Kriton Lendoudis, managing director of Athens-based Evalend Shipping. Hundreds of vessels have been laid up off Britain, Germany, Greece and Singapore over the past several months. In the River Fal estuary, near the old port city of Truro...
...What do you think about Facebook's reaction? Sounds like they're not backing down. I can understand where they're coming from, but the bottom line is you can't say that you can't show areolas or nipples because some women have very large areolas and even when the baby is latched on properly, it still shows. It's not fair to these women. When there's a bottle-feeding baby, there's nothing that has to be private. You don't have to hide it from anyone or be nervous about anyone seeing. It should...
...campaign again. Democratic candidates Senators Hillary Clinton - whose husband signed the treaty in 1993 - and Barack Obama both blamed NAFTA for lost American manufacturing jobs and suggested that terms might be renegotiated to include higher labor and environmental standards. The idea would be to stem the "race to the bottom" among companies seeking the cheapest costs of doing business, ultimately encouraging them to keep jobs in place...
...down payment on the war's long-term costs. The trillion-dollare figure does not, for example, include long-term health care for veterans, thousands of whom have suffered crippling wounds, or the interest payments on the money borrowed by the Federal Government to fund the war. The bottom lines of the three assessments vary: the CSBA study says $904 billion has been spent so far, while the GAO says the Pentagon alone has spent $808 billion through last September. The CRS study says the wars have cost $864 billion, but CRS didn't factor inflation into its calculations...
...bottom line: Bush's projections of future defense spending "substantially understate" just how much money it will take to run Obama's Pentagon, the CSBA says in its report. Luckily, Defense Secretary Robert Gates plans to hang around to try to iron out the problem...