Word: droppings
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...Many analysts believe that the store-operations background of new CEO Mike Duke will keep investors quite happy. Though the recession finally caught up to Walmart last quarter, when the company reported a 1.2% drop in U.S. same-store sales, Walmart was a consistent winner during the worst days of the financial crisis, as frugal consumers traded down. While most retailers are shutting down stores, Walmart has opened 52 Supercenters since Feb. 1. Joseph Feldman, retail analyst at Telsey Advisory Group, estimates that each store costs Walmart between $25 and $30 million. In order to continue the momentum that...
...saying goes, every dog has its day.Yesterday belonged to the University of Connecticut Huskies at the Malkin Athletic Center, but by a slim margin.Following numerous lead changes, the Harvard women’s volleyball team (2-2) dropped its contest against UConn (3-5), 3-2.The day was not decided until the fifth set, which saw the Crimson jump out to an early lead. Husky blocking and a Harvard net violation put UConn on top, 5-3. Suffering from several service errors, the Huskies then stumbled into an 8-7 deficit. Sophomore Anne Carroll Ingersoll took advantage of the Husky lull...
...bound to arise. As the two legislative battles of the summer—financial regulation and health-care reform—have shown, the two industries are alike in their greed, ambition, and self-interest. Collusion is in the best interest of both sides: Insurance companies are encouraged to drop health care, and policyholders know that mortality ensures an even bigger payout for Wall Street. And so who better than health insurance companies to invest in these new asset-backed securities? More than merely “killing Grandma,” now someone’s getting...
...Despite the recent drop in poll support for reform, Democratic strategists still see several viable routes to getting a health-care bill through the Senate with the 60 votes necessary to avoid a filibuster. These include, in declining order of preference for the White House: forging a bipartisan consensus to pass the 60-vote threshold; holding all 59 Democratic Senators and recruiting the GOP's Snowe; depending entirely on Democratic votes, including a replacement for Massachusetts Senator Ted Kennedy. The last alternative is to use parliamentary maneuvers to pass major parts of the legislation with just 51 votes...
...fearlessly predict, the public will. If insurance companies can no longer deny coverage for pre-existing conditions, or drop people who get too sick, the public will love it. If health-care exchanges give individuals and small businesses the power to negotiate lower premiums from the insurance companies, people will love that too. Making health care available to everyone, even if some people - young, healthy people - who are not buying in now are told they have to join up, will also be well received. The odds are better than even that a bill containing those provisions will pass in Congress...