Word: currented
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...certainly isn't going to save Sears and Kmart, retailers that seem increasingly irrelevant in the Walmart/Target/Home Depot world. For example, as Morgan Stanley analyst Gregory Melich writes in a recent equity research report, "Sears Holdings' underinvestment in stores has degraded its ability to withstand the magnitude of the current pullback in consumer spending." (See 10 things to buy during the recession...
...love this country; I spent almost every summer, and many winter and spring breaks visiting my grandmother in Rome. Sitting at my kitchen table, overlooking the roofs of the city, I cannot help but think that it is the most beautiful place in the world. Yet, the current political trends here turn my stomach...
...bulk of Obama's proposal, $9 billion, would go to helping schools try out promising programs to improve student learning, track progress and train workers. Another goal: nosing completion rates up from their current, abominable level: just 31% of community college students who seek a degree actually get one within six years. An additional $2.5 million would go to helping two-year schools rebuild their crumbling, outdated infrastructure - a key to equipping them to prepare students for high-tech jobs. Among the most compelling of the new proposals is the $500 million in grant money that would make online education...
Lawrence Summers, director of the White House's National Economic Council, said last week that the stimulus bill was on track. This past weekend, the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent. From the beginning, the Administration has said that much of the boost to the economy from the stimulus plan would not come until the second half of this year. Administration officials have also insisted that it's unfair to judge the effectiveness of the stimulus by projections...
...Chairman of News International, James Murdoch, summarized recent newspaper figures in a speech for a company. Due to the current state of the industry, Mr Murdoch was naturally bound to deliver a depressing series facts. “There’s a lot of positive news too,” he encouraged, “but we’re going to focus on the negative, in order to improve...