Word: cutting
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...Cheeks, the beloved ex-champion point guard for the Philadelphia 76ers, canned by the Sixers last weekend despite winning widespread admiration for turning Philly into a playoff team a year ago; Eddie Jordan, the first coach in 28 years to lead the Washington Wizards to four straight playoff appearances, cut down after a 1-10 start; Randy Wittman of the Minnesota Timberwolves and P.J. Carlesimo of the Oklahoma City Thunder. (See the top 10 sports moments...
When times get tough airlines can ground planes and cut routes, but hotels don't have that option. You can close wings, or certain floors, Hansen points out, "but the problem is, in markets like Miami" - which just saw the re-opening of the 1,504 room Fontainebleau in November - "you can't shut down air conditioning because you'll have mold and mildew...
...hotels are looking at other options: one is to cut services - closing gyms, shutting business centers earlier and no more 24-hour room service. Of course, this is easier for mid-price hotels to cut than luxury hotels, where customers expect a certain level of service...
...gathering economic gloom has been the pleasant sensation of filling their cars with ever cheaper gasoline. But that relief at the gas pump has slashed the revenues of the oil-producing countries, and on Wednesday they pushed back when the 11 oil ministers of the Opec cartel agreed to cut their combined output by about 2.2 million barrels a day starting January 1. The biggest production cut in Opec's 48-year history is an emergency measure aimed at reversing the precipitous slide in world oil prices, which the cartel hopes to push up to almost double their current level...
...Cut from the mold of a 1970s post-Watergate maverick politician, Quinn has long been viewed as a serious-minded, if eccentric, reformer. In his 30s, after graduating from Georgetown and Northwestern, he tried to amend the state constitution to allow residents to enact laws through referendums. He once urged people to inundate former governor James Thompson's office with 40,000 tea bags to beat back postelection pay hikes. These days, he draws attention to the cause of veterans by hosting a website called Operation Homefront. (Meanwhile, he slips into the funerals of soldiers almost unnoticed...