Word: discounter
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Dates: during 2000-2009
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...officials scrambled to stockpile Cipro, Bayer AG's patented antibiotic used to treat anthrax. Suddenly the U.S. and Canada - long tough on patent protection - found themselves feeling like South Africa, Brazil and other developing nations desperate for needed medicines at low cost. When politicians mentioned overriding patents, Bayer struck discount-purchase deals. Bayer also donated 4 million tablets to the U.S. for emergency and postal workers. Other companies, too, are eager to promote their own low-cost anthrax treatments...
Harvard has gone about its business quietly, while other Ivy League teams have compiled more impressive wins against more recognizable Division I teams. But the Browns and Columbias of the world—and Penn and Princeton, as well—would be ill-advised to discount these wins, based on the Crimson’s strength of schedule. In a year when not much is expected and all the pressure is off, Harvard is doing the things necessary to compete with bigger, more talented teams...
...last bastions of rigid social stratification. First- and business-class flyers enjoy expedited check-in, curtained-off cabins and a lot more legroom. But with the economy heading toward recession, fewer companies are willing to pay for such perks. In fact, more employers are pushing their executives onto discount airlines--even in Europe, where intercity air travel has long been more expensive than...
...Canon executive Brian Owen, 58, is an easy-to-spot casualty of this corporate belt tightening. He's on his way to Ireland via Dublin-based Ryanair, and it's his first business trip on a low-fare carrier. Despite the daunting check-in wait, Owen--who like most discount flyers bought his ticket online--pronounces the experience so far "pretty painless." By comparison, Glasgow-bound Adrian Eve, 27, a marketing executive for aerospace firm BAE Systems, is a veteran of the low-cost skies. He's on the road at least twice a month and estimates that...
...reading last week, Junger said he had originally hoped the book would portray real heroes and discount the harrowing tales of thrill-seekers and those who participate in extreme sports. “The fact that someone can free-solo a rock face or balloon half-way around the world is immensely impressive, but it’s not strictly necessary. And because it’s not necessary, it’s not heroic. Society would continue to function quite well if no one ever climbed another mountain,” he writes...