Word: chunking
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...stopping the vote count--and effectively choosing the next President--the Supreme Court gambled a significant chunk of its moral capital. It is too soon to know how the reputation of the court as a whole, and the individual Justices, will ultimately be affected by Bush v. Gore. But one thing is clear: the court has demonstrated in the past that it is fully capable of reasoning its way to dubious decisions. As Chief Justice Robert Jackson once wrote, in a bitter dissent of his own: "We are not final because we are infallible, but we are infallible only because...
...Christmas Future. Sites such as eToys, whose stock has dropped 94% in a year, openly admit they will need cash transfusions by the end of 2001. "We need one more round of financing to break even," says Toby Lenk, founder of eToys. That's why grabbing an impressive chunk of the estimated $12 billion being spent online this November and December is "absolutely critical," adds Lenk. Trouble is, his top two rivals from last year--Amazon.com and Toys "R" Us--have since teamed up in a classic clicks-and-mortar partnership...
...possible--these executives won't stay at GE much longer, and the pay packages that land them will probably dwarf what will initially be given to Immelt. A signing bonus in the tens of millions of dollars? Instant vesting in stock plans? Huge guaranteed annual bonuses? A big chunk of the company? Such goodies are widely available to top-flight managers in today's mobile CEO sweepstakes...
Chrysler's woes are extensive. After owning the minivan market and a good chunk of the ever popular sport-utility business for a decade, the automaker has watched its market share get sucked away in the past year by competition. Instead of offering fresh new product, Chrysler rolled out an "all new" minivan that looks a lot like the old one, with expensive frills like power doors. Overproduction has forced the company to offer incentives of up to $4,000, tempting a loss on every sale. Chrysler even bungled its hottest product. There wasn't enough production capacity to meet...
...that the $800 million Acela has finally arrived--after a series of engineering snafus, fights with Canadian manufacturer Bombardier and a premature ad campaign--Amtrak is confident that it can steal a large chunk of the airlines' shuttle business, adding close to 2 million passengers and $200 million annually to the bottom line. It needs the money. Even with a record 22.5 million customers, Amtrak lost $520 million last year...