Word: decentered
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Dates: during 2000-2009
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Most analysts forecast decent growth for Google in 2009. But Trip Chowdhry of Global Equities Research predicts that the firm will lay off anywhere from 10% to 15% of its employees in 2009 as a result of stagnating revenue. "This is not only for Google. This is for every Internet company that has only one revenue source, which is advertising," says Chowdhry. He estimates that the company will bring in $14.57 billion by 2010, down 4% from an estimated $15.71 billion in 2008. Sanford Bernstein's Lindsay, on the other hand, recently lowered his upbeat forecast for the search giant...
...Retail and Services: Nationwide, retailers experienced flat or declining sales, even as stores introduced bargains and layaway programs for people unwilling or unable to buy on credit. A large chain near New York credited the region's unseasonably cold weather for relatively decent sales of outdoor and winter apparel in November, while the only retailer to report an increase in sales in the Fourth District, which includes Ohio and Kentucky, was a national discount chain. A domestic car dealer in West Virginia told the Fed his average sales have gone from 250 cars per month to just six in November...
...come to a typo in your article "Got Wind?" when I read about the Michigander who spent $16,000 to get a wind turbine that "can generate 1.5 kilowatts ... enough to power the average lightbulb for 15 hours" [Dec. 1]. And that, he admits, is on a day with "decent wind." A few nuclear plants can power more lightbulbs than that, and you don't have to sit around waiting for a breeze. Americans need to look at how France is getting nearly 80% of its electricity. Stephanie Gutmann, Piermont, New York...
There's a fair share of defensive in these documents, but also a decent amount of penitence. It's fascinating to see these behemoth companies admitting that they've made mistakes in the past and realizing that they need to shift production to smaller, more fuel-efficient vehicles (though it does seem as if they're just tossing that in there because such talk is all the rage these days). Who knows how much is genuine. Can giant corporations be genuine about stuff like that? Yet the case is also effectively made that the failure of the Big Three would...
...While Rafferty does a fairly decent job of remaining objective, he is a Harvard man and he is also looking to entertain. I’m sure he picked out specific aspects from his interviews and used them not only to inform but to develop his narrative...