Word: cash
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Member response to the initiative is divided. “It is disconcerting to see that they are trying to expand membership to anyone who has the cash, but are not making an effort to reach out to the Harvard community at large,” said Joseph S. Evangelista ’96, the former Young Members Committee Chair and member of the club...
...University subsidy for Blue Cross is equivalent to the cash value of the Pilgrim/HUGHP subsidy. Because it does not correspond to a fixed proportion of the Blue Cross premiums, once the cost of Blue Cross increases, Harvard will only cover about 65 percent of next year’s raised Blue Cross premium...
Observers say Build America Bonds have lowered borrowing costs for states and other local governments. The bonds have renewed and expanded investor interest in the muni-bond sector. And by getting money into the hands of cash-strapped local governments, the bond program has saved or even boosted jobs, stimulating the economy. Many investors are already lobbying to extend the program, which is not expected to close until...
...trumpet how their more manageable inventory levels and smaller staffs will help control costs. But such cuts could backfire against them. Over 41% of shoppers, as opposed to 21% in 2008, say they will leave stores that are short-handed or have long lines at the register. If cash-strapped customers already feel a little guilty about shopping to begin with, they'll look for any excuse to head home. (See the top 10 Black Friday gifts...
...major cities are rising out of the reach of the average Chinese. Not only could that cause social discontent, it may also dampen consumption - which China's policymakers desperately need to increase. If families need to allocate more and more of their income to housing, that drains away the cash that's available to buy other consumer goods. (See pictures of the best-selling cars in China...