Word: consumerized
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For people lucky enough to hold stock, consumer confidence is indeed a state of mind. But for people with fixed incomes and the working poor who could barely pay their bills before, the current fiscal situation is a very real crisis. Try raising a 6-month-old baby when your...
The U.S. economic downturn has claimed another victim: Bennigan's Grill & Tavern, the 32-year-old chain of casual-dining fern bars. Amid sky-high gas and food prices and tightening consumer spending, the chain's Texas-based parent company declared bankruptcy July 29, saying it would shutter 150 eateries...
Still, the launch of two such good-looking cars is a milestone on the way to wider popularity. "It's all about consumer acceptance," says Scott Brownlee, a spokesman for Toyota and Lexus in Britain. "If you build something which is fantastic, does 1,000 miles to the gallon, but...
The industry consortium's voluntary guidelines will also address consumer privacy and transparency and encourage companies to be up-front about the limitations of genetic-risk information, says Baker, who is hoping to model the new guidelines on her company's official standards of practice. She envisions that companies' adherence...
What's more, the tests don't always offer consistent results. Linda Avey, co-founder of 23andMe, says consumers have received conflicting results from different companies. That can happen for various reasons: not all tests read the same SNPs to calculate the same risk, and not all risks are calculated...