Word: commonnesses
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...other immediate effect: common stockholders can say goodbye to their dividend, which was 16 cents last quarter. To make sure the government's money - i.e., the taxpayer's money - isn't simply passing through the company and into other hands, the deal prohibits Citi from paying dividends of more than a penny per share for three years without approval from Treasury, the FDIC and the Federal Reserve. If Citi goes out and raises more money on its own through a common stock offering, there's a greater chance the government will allow for a larger dividend to be paid. That...
Overall, cancer death rates have been dropping since the early 1990s - the most recent data suggest that death rates have decreased for 10 of the 15 most common causes of cancer death in the U.S. - in large part as a result of earlier screening and better treatments. But this year's Annual Report to the Nation on the Status of Cancer marks the first concurrent decline in incidence, or the rate of new cancer diagnoses. For both American men and women, the incidence of all cancers combined decreased 0.8% per year from 1999 through 2005. That overall decline was largely...
...Lowdown: When confronted with massive challenges - and forming a "hemispheric partnership" certainly qualifies - it helps to frame prescribed policy changes in terms of sheer self-interest. This report does so deftly, mostly eschewing wonkiness in favor of stressing common bonds. Its series of "modest, pragmatic recommendations" are couched to show that the U.S. and Latin America are natural bedfellows. It's not that we have a moral obligation to turn the other cheek when Hugo Chavez dubs George Bush a "devil," or when pockets of America inaccurately assign blame for U.S. unemployment levels on Latin migrants. It's that doing...
...leaders received for their bank-bailout plans just six weeks ago. "A general decrease in value-added tax is perhaps the answer for some countries, but for Germany and France it is not," said German Chancellor Angela Merkel, following a meeting with French President Nicolas Sarkozy on a common European response to the economic downturn. Asked Sarkozy: "Should we use up our available room for maneuver on reducing prices when prices are already falling...
...that the college experience only brought them and their siblings closer together. “Going to college definitely changes you,” Johnson-Black said of her and her brother Harvey’s relationship. “So I feel like I have a lot in common with...