Word: firm
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...change. By contrast, Europe is a bloody battleground of national dailies, all clawing at one another. Competition breeds creativity, not to mention a willingness to live with slimmer profits. "The U.S. lost the beat on newspapers around the year 2000," says Vin Crosbie, a partner at media-consulting firm Digital Deliverance and the fifth generation of a Connecticut newspaper-owning family. "I'm just amazed that most U.S. newspapers update their websites once a day. In Norway, if there's a car crash, they update the whole paper...
...years was less its short-term nature (even before the crisis, a large chunk of bonuses was paid in restricted stock that couldn't be cashed in for years) than its staggering generosity. This remunerative largesse extended far beyond the top five or even top 25 executives at big firms. Shortly before its merger with Bank of America at the beginning of this year, Merrill Lynch paid bonuses of at least $1 million to 700 employees--after the firm's worst year ever, when it racked up losses of $27 billion...
Jennifer Bliss was no fledgling lawyer when she moved back in with her parents. At 39, she had burned through her retirement funds after losing her law-firm job in July 2007. She gave the bank the keys to the home she was unable to sell in Grand Rapids, Mich., and last November, she packed up her two Great Danes and moved about 60 miles, to Lansing, to live with her mother and stepfather. "This has been awful," says Bliss, who has sent out some 600 résumés nationwide looking for legal work or a managerial position in another...
...theoretically possible to democratically eliminate term limits with a fair election; however, it would be naive to call Venezuela’s recent referendum on term limits a fair election. Though the domestic opposition has not challenged the election results, Chávez has gained such a firm grip on the media during his decade in office that he can readily warp the democratic process to suit his ambition...
...Harvard’s commitment to stand firm on financial aid has been an enormous help in attracting applicants this year,†Fitzsimmons said. “Financial aid is never more important than when times are tough...