Word: gapping
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...Gap in Wealth If Malaysia's races are separating, it is partly because of the legacy of the New Economic Policy (NEP), an ethnically based affirmative-action plan instituted in 1971 to create opportunities for the economically disadvantaged Malays. During colonial times, Chinese traders were favored by the ruling British, and they controlled much of the economy upon independence. Malays and indigenous peoples - collectively known as bumiputras, or "sons of the soil" - wanted to redress that economic imbalance. The NEP, which offers preferential treatment to bumiputras in everything from education to politics, has lifted millions of Malays into the middle...
...HFAI, Donahue says, tries to attract more low-income students to Harvard as “a conscious effort to close the widening gap in opportunity in this country—and actually —between those students who grow up with resources and those who don?...
...everyone will lose out this Christmas. The very low and very high end of the retail market should be just fine. While middle-of-the-road stores like Kohl's, J.C. Penney and the Gap that have struggled in the recent past will probably continue to suffer, high-end stores like Neiman Marcus, Saks Fifth Avenue and Nordstrom's will most likely have relatively strong sales. "They have a moneyed customer and things happening in the world won't affect their lifestyle as much," says Michael Appel, managing director of Quest Turnaround Advisors. "Well-managed retailers who already have momentum...
Although Facebook is expected to earn just $30 million, the three-year-old site is getting all the buzz. One reason: Microsoft recently bought a mere 1.6% of the company for $240 million, an investment that values Facebook at $15 billion, which is in the ballpark of Gap and Xerox. That's far smaller than Google, valued at about $200 billion, but both Facebook and MySpace think they are made of the same game-changing stuff. Like Google, they want to change the way you live and work online. And like Google and practically everyone else on the Internet, they...
...anybody running for president now is that great,” he said, adding that, “U.S. energy policy drives U.S. foreign policy—I believe that this energy thing is the number one priority.” One recurring theme during the conversation was the gap between his generation and that of current undergrads. Baldwin posited that young people today hesitate to make decisions about their futures because there is “less margin for error now in life,” likening their experience to choosing from a menu. “Maybe they?...