Word: businessese
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While a little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the...
Nonbelievers may find Foer’s arguments about factory-farming’s human impact more convincing. He enumerates issues of water pollution, abuse of the work force, cutthroat competition with local businesses and near-intolerably low health standards. Foer could have written a book just about these aspects...
And as much as some of its citizens may continue to romanticize France's place in the world, the Asterix syndrome no longer really applies to France, if it ever did. The world's fifth biggest economy is as globalized as any other country. French businesses such as oil giant...
Retail banks and investment banks have fundamentally different functions and thus different appetites for risk. Retail banks are low-risk ventures; their deposits are insured by the FDIC. Investment banking is more lucrative but involves greater risk. When these two businesses are placed under the same roof, the result is...
As businesses operating in a time of financial pressure, Harvard clubs in Boston and New York seize opportunities to remain pertinent. In order to achieve this goal, they hope to combat the recession by expanding membership. There seems to be two distinct routes. In New York, the Harvard Club requires...