Word: drives
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...make sure they're not forced to pay a second time is unclear. A levy on financial-market transactions, stretched beyond foreign-currency trades to cover stocks, derivatives and other clever instruments, might offer twin benefits. By slapping an additional fee on each transaction, the tax "would naturally drive [investors] toward those that are more sensible, more profitable, more rational," suggests Julian Jessop, chief international economist at the consultancy Capital Economics in London. What's more, even a modest levy on the world's financial markets - Tobin first proposed a 1% charge on currency deals, before advocating even lower rates...
...easy for retailers to hold the line as they face a showdown with frugal shoppers. "Inventories are in good shape, but sales may suffer more than we thought as retailers are forced to blink on promotions to drive traffic," says Jeff Black, director at Barclays Capital, who expects holiday sales to be flat with year-ago levels. (See 20 tech gadgets...
People who would normally drive to their destinations are now willing to take public transit because of its “speed, convenience [and] reliability,” he said...
...couple years, “Attention Deficit” is Wale’s first album with a major label. Nine of the 14 tracks feature at least one guest artist and this collaboration allows Wale to showcase his diverse talents and musical interests. But Wale’s drive to establish himself as a member of the national MC club transcends the variety of tempos, beats, and artists on “Attention Deficit” and imbues the album with an enticing intensity...
...financial wherewithal to make that happen." Tam, a graduate of MIT and the University of California, Berkeley, says he does deals in Beijing rather than Silicon Valley these days "because I believe this is where these new industries will really take shape. China's got the energy, the drive and the market to do it." Isn't that the sort of thing venture capitalists used to say about the U.S.? (See pictures of the global financial crisis...