Word: generalizing
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Polegato's timing might not be as bad as it seems. While footwear in general, and especially luxury shoes, has suffered in the recession, athletic shoes have not taken as hard a hit. In fact, after the $17.5 billion U.S. athletic footwear market saw flat sales in '08, sneakers are actually up 6% so far this year, according to SportsOneSource, a research firm. Further, while the overall golf business is stuck in the rough - U.S. equipment sales, for example, have dropped 9% this year - spikes have sold relatively well. In the United States, the $500 million golf shoe market...
President Barack Obama made clear at his press conference on Monday that the U.S. government would stand behind warranties on cars purchased while the automakers restructure. "Let me say this as plainly as I can: If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said. "Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty...
...much of its audience due to a lack of digital availability. Harvard School of Education Professor Daniel M. Koretz, who recently published a book with HUP about standardized testing, said that he has experienced decreased sales of his book, but attributed the falloff to lower demand for books in general. “What has happened to book sales in the past few months is independent of Harvard University Press,” he said. “Nobody is sure what kind of business models will work for selling digital books...
...public and political pressure that led to former General Motors Chief Executive G. Richard Wagoner’s resignation may have unfairly overshadowed his part in reinventing the company after its decades-long decline, said several of Wagoner’s Harvard Business School classmates. Wagoner, who graduated from the Business School in 1977, stepped down on Monday at the request of the Obama administration, which has sought to force more rapid changes within the three beleaguered American automobile manufacturers that have received assistance from the administration’s multi-billion dollar bailout fund. GM lost $30.9 billion last...
...cars will receive a discounted rate. Normal and oversized cars will not see an increase in parking fees. “We’re constantly looking for ways to make contributions to the community and the environment,” said Alex Attia, the hotel’s general manager. Attia also said there were financial considerations to the decision. Because of how green-conscious Cambridge residents tend to be, Attia said he expected a positive response to the initiative and increased business for the garage, which he said would compensate for the loss of revenue from the parking...