Word: factly
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...feeling around in the dark and finding nothing but more bad assets and little revenue from what had been an investment banking goldmine fueled by quarters of good M&A and corporate finance results. Citi's numbers beat forecasts but revisionists began to take apart the earnings after the fact. An analyst from Goldman Sachs wrote that the big bank's credit losses are growing at a "rapid rate," meaning the shares remain a "sell." When Bank of America (BAC) released quarterly numbers that were so good that many believed they would save the job of CEO Ken Lewis...
...fact, from Toyota on down, nearly every major automaker and a host of minor ones are exhibiting this week not just hybrids, but also pure battery-powered vehicles. No fewer than eight electric cars in various stages of development were put on display by Chinese companies. The reason is straightforward enough: China is the world's fastest-growing auto market. So far this year, it is also the world's biggest auto market, with sales through the first quarter running at an annualized rate of 11 million units, compared with 10 million in the U.S. That kind of scale...
...accustomed to a certain level of sweetness, anything less might be unsatisfying. "The proportion of fructose in food probably hasn't increased that much, since high fructose corn syrup simply replaced sucrose in many cases," says Havel. "But people are also simply consuming more sugar in their diet." In fact, if you think that the study subjects drank way more sweetened beverages (25% of their daily energy requirements came from the sugar in their drinks) in this study than the average American, you might want to consider this: according to recent data from an annual government survey, Americans on average...
Brenner will fill a position whose function unifies previously dissociated roles within the school. Speaking of the new office, Spaepen said, “These duties in fact were distributed to a whole lot of people, but many were left to [Brenner] as well...
...We’re talking about something that’s a major student concern,” she added. “The fact that there hasn’t been open dialogue so far has been problematic.” Holoshitz said she did not think anything in the minutes deserved to be kept secret...