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Word: downturning (lookup in dictionary) (lookup stats)
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...Toyota has played a long waiting game. It played well. It made better cars than U.S. companies. It kept labor costs low. It built a reputation for durable and dependable products. The Japanese car company is being hurt by the global car sales downturn, but it never had the labor cost or corporate debt problems that plagued GM. It has the balance sheet to make it through the crisis. Maybe Toyota has been lucky for decades or maybe Toyota was just smart. (Vote for the 2009 TIME 100 Finalists...

Author: /time Magazine | Title: Why Toyota Can Finally Take Over the U.S. Car Market | 3/31/2009 | See Source »

...fact that we are in the middle of an unprecedented economic downturn could produce some very interesting effects [on the yield],” said Fitzsimmons. “Sometimes people might feel it’s better to stay close to home, even if financial aid is very good...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: College Admits Record-Low 7 Percent | 3/31/2009 | See Source »

...that was before the bottom fell out from nearly every asset class. While some of the instruments, such as credit default swaps, may have hedged against the downturn, other derivative holdings have cost the University dearly. Harvard’s investments in interest-rate swaps, one class of derivative that may be used by both HMC and the University budget office to hedge against interests rate changes on variable-rate debt, would have cost $571 million to terminate as of Oct. 2008, according to a credit rating report from financial rating company Standard and Poor?...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Analyst Questions Dismissal | 3/31/2009 | See Source »

...Bloom's objectives in undertaking this assignment are fairly easy to see. "He's a true believer, philosophically, with workers," says Gary Hubbard, spokesman for United Steelworkers. "That's a very fundamental part of his own makeup." When Bloom started working for unions after college during the financial downturn of the early 1980s, he concluded that they were not equipped to do the deals they needed to save their jobs. So after Harvard Business School, he set up a shop at the investment bank Lazard Frères that focused on counseling unions in leveraging their collective bargaining power...

Author: /time Magazine | Title: Obama's Auto Odd Couple Tries to Save Detroit | 3/31/2009 | See Source »

...after you've come see a game, don't make a judgment beforehand. If you attend a game, you'll see people working their asses off." No doubt these classy pros will take their shots. But is hard work enough to score big in the face of a brutal downturn...

Author: /time Magazine | Title: Is Women's Pro Soccer Really Coming Back Now? | 3/29/2009 | See Source »

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