Word: cutting
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...captain and guard Andrew Pusar said. “He hit that big three in the corner late, and it boosted our confidence. We have a lot of trust in him.” Colgate came back with a three-point play by senior guard Willie Morse to cut the lead to one. Housman missed a lay-up on the next possession, but freshman forward Keith Wright got the rebound and eventually got the ball to Housman, who was fouled with 18 seconds left. The senior nailed both shots, and the Raiders missed a three-point attempt in the final...
...days after the U.S. economy was officially declared to be in recession, five individuals proposed to members of the Federal Reserve in Washington, D.C. that they cut the federal interest rate by half a percent. The advisers were not world-renowned economists but rather members of the Harvard College Fed Challenge Team...
...make a wipey for them?" The resulting "wipey" has a quick-drying surfactant and works smudge-busting miracles on touch-screens. (Advice: Let the device dry after cleaning, then buff - a pant leg works splendidly - as there's a little leftover residue.) The towlettes are big, so you can cut them in half and double your mileage. There's a distinct presence of alcohol, but with the added green-tea-cucumber fragrance, Wireless Wipes don't smell like something that could disinfect a donkey. I don't recommend using them on hands (they're too drying), but the formulation works...
...Toyota, the industry behemoth, just recorded its seventh consecutive month of declining sales, and the company's second-quarter net profit plunged nearly 70%. Toyota has cut its earnings forecast for the fiscal year ending March 2009 to $6 billion, which is just one-third the profit it made the previous year. "You are looking at the deepest downturn that Japanese automakers have ever seen," says Chris Richter, senior research analyst at CLSA, a Hong Kong-based brokerage house. "They've faced downturns before, but not downturns in virtually every global market simultaneously. Even Honda Civics and Toyota Priuses aren...
...pressing topic of discussion at the meeting this week was the possibility of even more government stimulus coming in China - on top of the 4 trillion RMB ($588 billion) package China announced to great fanfare a month ago. Two weeks later, Beijing upped the ante with an interest-rate cut and tax rebates, and now there are unconfirmed reports that an additional spending plan is being prepared as China's economic data continue to weaken. That would not be surprising. The best way for China to help the world economy at this point is to help itself; not by exporting...