Word: buyer
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Dates: during 2000-2009
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Always make your business about the customer and never about yourself. I learned that when I invested in a sports-paraphernalia store. I was also the buyer, so I bought everything I liked and didn't buy anything that the customers liked. I ended up losing a lot of money because of that...
...been close to 140 years since Weir & Sons began trading jewelry on Grafton Street, a hot spot for Dublin shoppers. The business has weathered the years well. "We've seen ups and downs, wars and rebellions," says Neville McDowell, jewelry buyer for the family-run company. The latest downturn will test it again. After a "phenomenal" decade, McDowell says, a squeeze on spending means sales this year are expected to dip by 10%. Even for a hardy company, says McDowell, "business is tough...
...design that many Navy officials fear it can never be made right, despite its price tag's having risen from $644 million to $1.8 billion. "Some significant fraction of the welds in that ship were flawed and had to be redone," John Young, the Pentagon's top weapons buyer, told Congress in June. "I shouldn't be forced to pay on behalf of taxpayers any price for any level of deficient performance." Still, that's just what the Navy did, forking over an additional $100 million to make it seaworthy after the Navy had taken delivery of the vessel from...
...Cooper's own experience with foreclosure may be making him a better real estate agent. He now specializes in selling homes where the buyer owes more than the house is worth. He has closed 18 sales so far this year, and believes he will complete another 4 transactions in the next month. "I'm the busiest I have ever been," says Cooper...
...association's proposal calls for the government to pay that upfront fee to lower the mortgage rate instead of the home buyer. Yun says lowering mortgage rates 1% would result in up to 840,000 additional home sales nationwide, reduce the inventory of homes on the market by 20% and boost housing prices. "It would be a significant inducement for buyers to enter the market," says Yun. "We could stabilize the housing market and, as a result, Wall Street and the U.S. economy in general...