Word: dividenders
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...Royal United Services Institute predicts cuts of 20% to military personnel over the next six years. Political leaders justified the last cutback of this scale, the replacement of the British Army of the Rhine in 1994 by a standing force of less than half its size, as a "peace dividend" arising from the end of the Cold War. But with failed states on three continents giving cause for concern, the chance of a new peace dividend seems remote...
...least, TV's Twittercooler dividend suggests one thing for old-media folks wrestling with the problem of new media: don't look at it as a problem. Social media have turned the world into one big living room. The future belongs to those who pull up a chair...
...however, this has engendered tremendous loyalty to the firm--the average tenure for drivers is 16 years. UPS will try to reward some of that loyalty by restoring raises to about 40,000 managers and unfreezing 401(k) matching. Citing strong free cash flow, it will also up its dividend. "We're not hiring yet, but we hope to be soon," Davis says. In other words, recovery is en route...
...clear indication now is that the Russians will sign on for a U.S. push toward tougher sanctions - if true, a major dividend for Obama's decision to shelve a missile-defense program in Eastern Europe. On Feb. 9, Nikolai Patrushev, secretary of Russia's Presidential Security Council, said Iran's "actions ... raise doubts in other countries and those doubts are quite valid." This might leave Beijing in a place it can hardly want to be: isolated on the Security Council...
...Citi will no longer be considered one of the companies that have received "exceptional assistance" from the government. That means pay czar Kenneth Feinberg will no long have a say over salaries at the company. What's more, the company will save $1.6 billion in annual preferred-stock dividend payments it would have owed the government on its TARP loan...