Word: discounts
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...Greenspan last week made a pump-priming move: he led the board in reducing two key interest rates, the federal funds rate and the discount rate, by a quarter-point each. That prompted major banks to lower the prime lending rates granted to their best customers by the same amount, to 8 1/4%. The discreet adjustment, his third since July, also drew an ever so discreet statement from the Administration praising the cut while stressing respect for the Fed's independence...
Tickets will cost $20, $15 and $10, including a $5 discount for students...
...this climate, a new kind of retailing culture has emerged--one divided between discount kings with the technology to dominate (Wal-Mart and cavernous "category killer" outlets like Sports Authority and Circuit City electronics stores) and discount kings with the nerve to sell a little flair. "The newer national chains have come in with better technology, better inventory control and better investing management than the older regional companies," concedes Michael Sherman, executive vice president of Jamesway. That situation forced the 34-year-old retailer to liquidate its merchandise and close its 90 East Coast stores...
...discount the possibility of little Newts. In a friendly chat with Arianna Huffington in November's Ladies' Home Journal, Marianne Gingrich says the two "haven't ruled it out." Marianne also reveals she has found a career where she can operate without the risk of a conflict of interest: doing makeovers...
...engage the services of HSTO for our telephone needs. And because it enjoys a de facto monopoly over student telephone services, HSTO has absolutely no incentive to make sure that it delivers good service at reasonable prices. Even its long-distance rates are not competitive, despite a group rate discount. What can a disgruntled student customer do? Signing up with another carrier is simply not a viable option...