Word: core
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Dates: during 2000-2009
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...Americans who have long had to pay rates as high as 10% of the face value of their paychecks in order to cash them and then pay cash for every single purchase they make because they do not qualify for a credit card or checking account. "These are our core customers. We probably have more than others of this underserved customer," says Jane Thompson, president of Wal-Mart Financial Services, who notes that the average check-cashing customer at Wal-Mart earns $350 per paycheck and has never had a credit card before...
...time he reached Norway, in April 1969, he had covered 3,720 miles, camped through temperatures of --50°F and wandered for three months in total darkness. Along the way Herbert, who likened the journey to "conquering a horizontal Everest," oversaw the drilling of more than 250 ice-core samples, which that are now the benchmark against which scientists measure the impact of climate change in the Arctic. He was 72 and had diabetes...
After nearly five years of debate, the Faculty last month approved a new program of general education that will replace the generation-old Core Curriculum. The program may go into effect as early as fall 2008, and the dean of the College will be key in ensuring that the transition goes smoothly...
...called Peanut Butter Manifesto last year, in which senior VP Brad Garlinghouse argued that Yahoo! was spreading itself too thin. And now that Yahoo has created a precedent in shedding Yahoo! Photos in favor of Flickr, it may cut down further on other businesses to focus on its core offerings...
Lest you think this is more Steve Jobs magic, the core technology behind the iPhone's touch screen probably wasn't developed at Apple. Rumors swirl around a company called Fingerworks, founded by two University of Delaware professors, that Apple acquired in 2005. This doesn't reflect a weakness in Apple's R&D but rather one of the company's strengths, its ability to ingest other companies and seamlessly incorporate their innovations into its own. People slam Apple as an arrogant organization, but it doesn't have the not-invented-here issues of, say, Sony...