Word: businessese
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A number of banks being put through the system probably will not make the grade. These will have to raise more capital. Since private money is not abundant, the cash will come from the government and that means the U.S. will end up owning significant pieces of the largest banks...
Once booming businesses are resorting to desperate discounting to try to keep customers coming. In Hong Kong, 1,000 restaurants have joined together to offer dishes such as dim sum and roast pigeon for one Hong Kong dollar (about 13 cents). In Taipei, Taiwan's capital, fast-food chain KFC...
While the recent economic downturn has left more families than ever before in need of financial aid, the difficulty of the paperwork that financial-aid applications require has reached an unnecessary high. In times like these, it is disheartening that the current Free Application for Federal Student Aid (FAFSA) form...
In a meeting with the Harvard Allston Task Force on Monday night, Allston residents erupted in anger and frustration over the university’s ambiguous plans regarding Allston development progression. In particular, residents expressed concern over Harvard’s continued acquisition of property while it has simultaneously enacted...
If the entitlement summit was a conversational concerto, the budget speech was a full-blown symphony featuring a percussive series of simple declarative sentences that conveyed a sense of command, especially in the emotional heart of the speech, the section on banking reform. On corporate extravagance: "Those days are over...