Word: buyer
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Saudi Arabia, for example, remains the key U.S. ally in the Gulf region, an important buyer of U.S. arms exports and an unpopular regime whose long-term stability is threatened by a hostile neighbor and rising Islamic militancy at home. The depressed oil prices of recent years have left its one-trick economy in the doldrums, further threatening the political survival of its pro-Western royal family...
...scandalous book Sex discusses the mellowing effects of motherhood: "I've been naked in every state and country... I've dated the NBA...I dealt with my sexual rebellion. I worked it out of my system." Which no doubt makes her a more appreciative audience for the magazine's Buyer's Guide to state-of-the-art electric ranges...
...decidedly downscale. "People knew tequila as what they drank in college to get drunk," says Alex Alejandro, co-owner of New York City's oldest Mexican restaurant, El Parador. The restaurant has stocked premium tequilas for all its 40 years, but it hasn't always found a ready buyer. "Ten years ago, the average consumer wasn't willing to pay more than about $4 a shot," says Alejandro...
...will have another way to make transactions. eBay and Wells Fargo are rolling out Billpoint, a service that allows sellers to accept credit cards without establishing merchant accounts. Instead of waiting to receive a check or money order, sellers will get immediate payment to their checking account once the buyer inputs his or her credit-card data. After the first three months, sellers using Billpoint will pay 3.5% of the purchase amount plus 35[cents]. Sales under $10 will get off a little easier and cost only 35[cents...
Auction houses charge two commissions on sales--one from the buyer, the other from the seller. It's perfectly legal to drop or raise your prices after a rival does; gas stations facing off across an intersection do it all the time. What's illegal is for two or more rivals to form a "cartel" by agreeing in advance to fix a price. One of the signs that this may be happening is a close, copycat pattern of changes--and this, the Justice Department claims, is what has been happening for years between Sotheby's and Christie...