Word: bottoms
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News came out that pending home sales moved up 6.3% in December and this caused a lot of conversation about the housing market finding a bottom...
...station house. A popular teen prank was setting off the red fire-alarm box near his modest brick house on 101st Street. Nearly everyone tried it once, but not Eric, the churchgoing Boy Scout who knew the consequence of disobeying rules: "A good, quick smack on the bottom," his mother Miriam recalls. "If you did something wrong, you're going to have to pay a price...
...ship, Time Warner--that are exploring how employers can hang on to the people they can least afford to lose. Especially when companies need to reinvent themselves to survive, she warns, they can't afford the huge costs associated with stressed-out talent: "It's not good for the bottom line," she says, "and it's not good for individuals." The Harvard Business Review looked at a survey of what happened in companies that went through layoffs of even 1% of the workforce: among the surviving workers, they typically saw a 31% increase in turnover. Bigger layoffs led to even...
...year ban on new-drug marketing could hurt the bottom line of drug companies. But it wouldn't be devastating. "I don't think it will have a particularly big impact," says Eric Schmidt, equity analyst at Cowen and Co., an investment bank. "The companies have already started scaling back their marketing budgets, and they've tended to direct advertising into more established brands." According to Jon Swallen, a research analyst at TNS Media Intelligence, pharmaceutical companies spent about $4.7 billion in magazine and television advertising in 2008, a 10.7% drop from 2007. And only about...
...look into the Merrill merger and decide what should be done about any misconduct. It is not unusual for boards to hire outside counsel to look through complex matters involving potential executive malfeasance. During the options grant scandal two years ago, boards often took the lead getting to the bottom of these sorts of issues...