Word: foundering
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Dates: during 2000-2009
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...economics alone can't explain this protectionism. To cut expenses, consumers are going out less, a phenomenon retail analysts call cocooning. Among couples, cocooning can lead to canoodling, which can lead to ... recreation. "People are spending a lot less on entertainment," says Rick Shea, a branding expert and founder of Shea Marketing Consulting. "And 'that,' for the most part, is free." (See pictures of Americans in their homes...
With the release today of Apple's "smallest iPod Shuffle ever," the pioneering tech bellwether continues to wean us off its charismatic founder, Steve Jobs. Until recently, the new Shuffle would have been unveiled as an appetizer during a bigger media banquet - one of those wonderful little trinkets that Jobs would show off at the start of, say, a Macworld conference...
...solve this problem, May and his co-founder Michael Segal ’09 have worked hard to prepare the new co-presidents, Kosslyn and Tommy R. Li ’10, for their leadership roles. The establishment of an executive board, a wide variety of sponsored events, and a developing comp process indicate that HCEF should be well-equipped to sustain its existence...
...nearly a hundred people have registered on the site, which depends on a large number of student participants for its taxi cab matching service to be effective. The site is expected to officially launch in the next few days, according to Zachary Z. Smith, co-founder of Get Out of Cambridge...
...make cuts in the grips of recession, the appetizer, entree, and dessert may be the first things to go. The company holiday party, once an obligatory, lavish celebration, has become “gauche” in a time of pink slips and downsized bonuses, said desserterie Finale co-Founder and President Paul D. Consorti. And Cambridge’s high-end eateries are feeling the pinch. “We had a company, that will remain nameless, cancel their annual holiday party because the week before they had laid off a bunch of employees,” Consorti said...