Word: excesses
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...form of lower contraceptive prices. But a 2005 federal law eliminated such discounts by forcing drug manufacturers to pay higher fees to include these medicines under Medicaid, the government-subsidized health plan. In anticipation of the price hike, many institutions, including Harvard, purchased the cheaper contraceptives in excess, enabling them to offer lower prices throughout the summer and fall. When these stockpiles ran out, students and others saw birth control prices increase three to four-fold. “With such a large denominator of students on the University health plan, and such a large number of medications offered through...
...blame the weather for their woes, but it's true that this fall's record-breaking warm temperatures have led to sluggish fall and winter clothing sales. They have been so slow, in fact, that many retailers have already started their holiday price-cutting to get rid of the excess sweaters and coats. Due to tepid results the last two Christmas seasons, Wal-mart is determined to get a jump on sales. They reduced prices on toys in September and then slashed them again on 15,000 additional items in October, a 20% increase over last year. By November they...
...windfall from commodity exports--prices for Argentine products like soybeans have hit all-time highs in recent years--Argentina replenished its foreign reserves (a record $44 billion today), pared debt and built a strong fiscal surplus. "Overspending and overindebtedness caused the crisis," says Redrado, noting that much of that excess occurred, ironically, during the more market-oriented government of President Carlos Menem in the 1990s. "This is no longer a policy of the right or the left. It is common sense...
...sure, SIA's government backing does not translate into obvious excess. The airline's headquarters is located in a drab industrial building on Changi Airport's grounds. Its furniture looks worn enough to date to the airline's launch (and an orange color scheme reveals its 1970s sensibilities). A few years ago, data-processing operations were moved to Bombay, India, for the cost savings...
...agent fees. Passengers pay for their food and drinks. When a professional aviation-construction outfit demanded $20 million to build a hangar at Kuala Lumpur's airport, Fernandes instead asked the small contractor who had built his home to do it for $500,000. "There is a lot of excess in the airline industry," he says. "The challenge is to change the mind-set of staff so they eat, sleep and breathe costs...