Word: discount
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...desirable effect of cutting profits at China's major refiners?all of which are state-owned. Energy analysts suspect this was one reason for the recent gasoline shortages in southern China, with some companies perhaps holding back oil from the domestic market rather than selling it at a steep discount. Still, the overall economic impact of higher fuel costs may not be calamitous, even if Beijing allows wholesale prices to creep up closer to market levels. For one thing, only seven out of 1,000 Chinese own cars, compared with 222 out of every 1,000 people in a country...
WHAT'S ONE GOOD THING THAT GENERAL ELECTRIC HAS DONE FOR UNIVERSAL SINCE TAKING OVER? GE has a strong stomach for all of its businesses. And I'm hoping there's a good discount on washers and dryers...
...that was before the hinky data started coming down from that same left side of the ship in the final seconds of the flight. Now the film that already got a once-over is going to be looked at a lot more closely. "We can't discount that those [events] may be connected," Dittemore admits, then hastens to add, "but a lot of things look like they're going to be the smoking gun in this business and turn...
...mighty Ford and General Motors to "junk" status in May; a month later, GM announced plans to cut 25,000 jobs. Sliding sales and depleted cash bumped Britain's MG Rover into administration in April. But it's summertime, and there are signs of life: GM's Employee Discount for Everyone promotion bumped its U.S. sales up by 41% in June, the best monthly sales performance since 1986. And PricewaterhouseCoopers, Rover's administrator, was in talks last week with three separate suitors - involving two Chinese firms - for the carmaker. Garel Rhys, director of the Centre for Automotive Industry Research...
...Deal of the Day Woot! www.woot.com Here a consumer electronics distributor unloads excess inventory of a single item each day at a steep discount. One day it could be a home theater system, the next a digital camera. The item is available until it sells out, or until 11:59 pm Central Time that night, whichever happens first. This oddball approach has generated a cult following, which keeps the community forums abuzz with product reviews and other chatter. Selection of one too limited for you? Try Overstock.com, a perennial favorite among bargain hunters that sells excess inventory at great prices...