Word: consumerized
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But even excluding the payments the banks made to the government, the fourth quarter was still a doozy. Sales at Citigroup, for instance, fell in three of its biggest units - investment banking, consumer banking and transaction processing - compared with the prior quarter. So while Citi's government-assistance repayment accounts...
Worse, some analysts say that even the banks' recently deflated earnings are likely stronger than they would have been without government help. Banks have been reporting that consumer credit is improving, with fewer individuals falling behind on their mortgage or credit-card bills. But programs like the government's Home...
Already, a New York City-led effort, the National Salt Reduction Initiative (NSRI), is promoting a voluntary reduction in sodium content by restaurants and packaged-food companies of 20% over five years. State and local health departments, as well as consumer- and professional-health organizations, have endorsed the effort.
I figured that when 2010 finally arrived, I'd be here in Los Angeles on my videophone looking at my new editor in her formfitting silver bodysuit as she yelled at me from New York for sexually harassing her in the first sentence of the first column we worked on...
Doraiswamy is intrigued by many of the new brain-training products but dismayed by the lack of research on their effectiveness. "Manufacturers are putting the cart before the horse," he says. Ultimately, he wants his lab to be a testing ground for claims of enhanced cognition, a kind of Consumer...