Word: earning
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Dates: during 2000-2009
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...December, FedEx announced that its senior executives would earn 7.5% to 10% less, while its U.S.-based salaried workers would take a 5% haircut - affecting 36,000 people. "But even these measures," CEO Fred Smith said in a message to employees, "may not be enough to offset the rapidly deteriorating economy that has hit our industry so hard." In early April, the company let go of 1,000 employees...
While many domestic manufacturers increasingly rely on undocumented workers who earn minimum wage and receive no benefits, Patrick credits his company's environmentally friendly business practices, above-average pay and good employee benefits for making the firm more, not less, competitive. And he lays most of the blame for the decimated manufacturing industry on an uneven playing field with China. "The [previous] Administration refused to make China play by the rules," he says. "If China stops the illegal subsidies they're giving their industries and does something to offset the currency manipulation, we're good...
...earn a place in Harvard 2013? If you?...
...ways to see the "credit crunch" that helped kick off our broader economic trouble is by looking at how much companies have to pay to borrow money. For the better part of a year, the premium that firms have had to shell out above what investors could alternatively earn on government bonds has been fantastically high...
...Even with a win in hand, the Crimson who remained on the court closed out their matches with tenacity. Rosenkrans found herself in a back-and-forth struggle at third singles, earning a crucial break at 4-3 to earn some breathing room. The sophomore proceeded to hold easily, securing a 7-5, 3-6, 6-3 decision...