Word: businessese
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The increased hiring activity is coming at a time when a number of firms are repositioning themselves in the wake of the financial crisis. The nation's largest banks are exiting such risky businesses as derivatives and proprietary trading, and adding to their lending operations. At the same time, smaller...
Among some journalists at the Guardian, the belief is that Lebedev will be more cautious and drop the price of the daily paper from ?1 to 50 pence in order to undercut the competition. This strategy is certainly more realistic. Lebedev can afford to take the financial risk, having made...
See which businesses are bucking the recession.
Finally, and perhaps most importantly, Congress needs to take a hard look at how these banks are structured and the purpose they serve in today’s economy. As Roger Lowenstein wrote in a recent article, banks today make an overwhelming percentage of their profits from trading, in effect...
The carbon tax had been plagued with troubles from the start - including the near refusal by rightist legislators to pass it until the Elysée whipped them into line in November 2009. A month later - just days before it was set to take effect - France's Constitutional Council struck...