Word: crunches
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...humanity. Somehow we all push through safely, and for a moment we pause inside the stadium, the open space disorienting after such close quarters. Then Inul swaggers on stage, packed in tight red jeans and a glittering crimson tank top. She turns her back to the audience. The guitars crunch, Inul's hips swing low and hard, and I realize why we labored to breech this gate...
...bottom, kicked off on Wednesday when Breton's France Telecom announced a €20.7 billion loss - the biggest in French corporate history. But Vivendi reclaimed the title the next day with its own €23.3 billion loss. Both CEOs recommitted to bold moves to stem their cash crunch. For France Telecom that means a €15 billion cash call. For Vivendi, it means selling assets. And although Fourtou is coy about details, that may include Universal film and music - after all, he must by now be tired of making records...
...heartening to know that Summers is willing to rely upon outside consultants to bring fresh thinking and creativity to the process of budgetary review, which is easily influenced by internal politics. It is unfortunate, however, that this effort was not undertaken years ago. The impending budget crunch at several Harvard schools is a more recent development, but the University should always be in search of money-saving policies like this one, which could have been implemented throughout the 1980s and 1990s...
...afflicted; in parts of Europe, absentee rates are falling. But all told, absenteeism costs Europe tens of billions of euros annually. In many nations, employers cover the bulk of initial sick-pay costs, and then governments step in and pick up the tab. And as the economic crunch continues, both governments and corporations are watching their employees' health as carefully as their fiscal health - and trying to get staff to work at full capacity. But grand initiatives to boost attendance have run aground due to everything from union pressure to slack doctors to sneaky employers. In the Czech Republic...
...quiz: What’s a convenient way for the administration to fix an unprecedented housing crunch in the upperclass houses without taking the unattractive steps of spending money on new housing or reducing the size of incoming first-year classes...