Word: downturned
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Although Xanadu doesn't have a pretty face, it's what's inside that counts for a mall. And if Xanadu can corral enough retailers to sign on for a grand opening, it has the potential to at least survive the downturn. If all goes according to plan, the mall could spice up the shopping experience, which would be a welcome change in this depressed retail environment. For example, a huge video screen in the sports area will broadcast games, which could draw shopping-averse men to the mall. The Children's Science Center, Legoland Discovery Center and Wannado City...
...losses in any downturn are net numbers and hiring does go on. Hiring new employees is almost subterranean and is rarely part of the reporting of the daily carnage that goes with mass layoffs and unemployment numbers. (See the 25 people to blame for the financial crisis...
...Hiring a new person in a strong downturn takes a certain amount of courage. At this point courage is being aided by the calculus of workforce filled with a huge number of people who are willing to work for much less than what they were paid in their former jobs and are often overqualified for most new positions they might find. Investment bankers actually do look for work as retail store clerks if they need the money enough. Unfortunately, no company in the retail industry will hire a soul until the next holiday season...
Only a few years ago, former University President Lawrence H. Summers told alumni in Washington that Harvard could soon resemble Renaissance Florence. The key, he said, would be development of the life sciences. But an unprecedented financial downturn has forced the University to reexamine its ambitious plans in recent months. Far-flung optimism has given way to greater fiscal pragmatism, and that has meant trade-offs, even in the life sciences. “When life sciences research at Harvard was expanding, and money was plentiful, one could say that Harvard could have it all—vibrant basic research...
...greater the risks,” Rogoff wrote. According to Barro, America has been plagued by only two depressions since 1870—the post-World War I depression and the Great Depression. The Harvard economist’s current piece came in the midst of an economic downturn that has seen the stock market fall to its lowest levels since 1997. Barro said he could not give further comment on his piece yesterday...