Word: excessives
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...will take Toyota time to adjust its fixed costs, since it has spent the past several years investing aggressively to increase production capacity by about 500,000 vehicles per year in the U.S. "It's increasingly clear that the driving force [behind Toyota's recent growth] was really excess consumption in the U.S.," says Izumi of JPMorgan Securities, "and that's now unwinding...
...with orange or orange with blue, all gratis. The party felt busy, but there was never a line, whether it was for the roast pig at the savory station, the decadent bittersweet chocolate truffles on the desert tray, or the top-shelf liquor at one of the bars. Wretched excess was exactly enough." (Read "Thrown for a Loss: Super Bowl Parties...
...intermission will be as tightly scripted as its opening drives. The Super Bowl halftime show has evolved into a strobe-lit, confetti-strewn spectacle that, depending on your penchant for pageantry, is either a tribute to the Super Bowl's majesty or a monument to a culture of excess...
...government's insurance scheme will play a key role in efforts to prevent that. Under the plan, scheduled to run for at least five years, banks will pay a fee to the government for taking out a policy. Lenders will also shoulder a "first loss" amount - similar to the excess on an auto insurance policy - as well as roughly 10% of the remaining losses. In return for picking up the rest, the government will require banks to sign agreements binding them to increased rates of lending. Just how much risk that exposes the U.K. government to is unclear; the level...
...admit that there is no real way to prevent projects like the Bridge to Nowhere, the controversial $185 million earmark requested by former Alaska Senator Ted Stevens for an island with a population of 50. Though the bridge was never built, the earmark became a symbol for congressional excess and waste. Transportation, as such a local issue, lends itself naturally to earmarks, and Oberstar's committee is a bit infamous on the Hill as a friendly home to such pork-barrel projects. But Oberstar is in constant contact with Obama's shadow Administration and, with the help of John Mica...