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...what's going on? First off, food deflation in 2009 impacted the entire grocery business. However, a strategic shift from Walmart backfired a bit. In order to implement its "Project Impact" plan, which called for less clutter in the aisles and more space given to other product categories like toys and electronics, the store offered a narrower selection of brands and package sizes in its grocery section, which accounted for some 45% of its store space. This move had a two-pronged effect. Some shoppers, faced with a less robust grocery selection from Walmart, decided to make an extra trip...
...thesis, entitled “The Story of the CDO Market Meltdown: An Empirical Analysis,” was awarded summa cum laude after she turned it in a year ago, today. She won the Harvard Hoopes Prize for her thesis – a prestigious award given each year for outstanding theses, papers, or final projects by junior or seniors...
...They had given us a couple of walks in an inning, and we just haven’t been getting teams that have been giving us any freebies,” Walsh said. “We were getting guys on but not delivering that...
...This reality has triggered a nearly convulsive political response, given that elections are won and lost over the state of the economy and the mind-set of wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed repurposing bank-bailout money to lend more to small businesses, which would then, presumably, generate jobs. On March 17, Congress passed a job-creation bill that includes, among other things, an estimated $13 billion worth of tax incentives to coax companies into adding to their payrolls. (See 10 perfect jobs...
...unveiling the CBO score, House Democrats also confirmed the changes they would make (which Obama had supported) to the underlying Senate bill, notably stripping out some sweetheart deals like a special Medicaid funding deal for Nebraska and a provision that would have given special treatment to Medicare Advantage recipients in Florida and a handful of other states. And the House package also makes some substantial changes to other policies in the Senate bill. Relative to the Senate bill, the House package would...