Word: glut
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...anticipation of a nail-bitingly close election, students at Harvard and around the nation are turning to the internet for an instant glut of political news, facts and commentary...
...December 2003 to drop tariffs it had introduced in 2002, though that market effect has yet to emerge. Dropping prices could make it harder for Mittal to service its estimated debt of $3.2 billion. At the moment, China is devouring raw material, which may cause a nasty glut when the steel pendulum starts to swing back the other way. And, notes Standard & Poor's Trask, "the new steelmaking capacity in China will eventually catch up with the growth in that region." China's steel output reached 192 million tons through September of this year, up more than 20% from...
...switch from being a status symbol of the rich and hip to an everyday feature in American living rooms--will be reached in the near future. That's because the Asian consumer-electronics companies that dominate the flat-panel industry are building too many factories too fast. A glut is in the offing, and while prices have already been falling, more rapid declines are expected. Consulting firm iSuppli Corp. estimates that a 37-in. LCD TV that now retails for more than $4,000 will cost half as much in 2006 and is likely to be less than...
...matter of time before your old TV is as obsolete as a VCR or cassette player. "In 10 years' time, it'll be embarrassing to have a regular, old-fashioned TV set," says Martin Reynolds, an analyst at technology-consulting company Gartner in Stamford, Conn. If the Asian glut continues, chances are you'll be able to have a flat TV hanging in your living room long before that. --With reporting by Adam Pitluk/Dallas, Laura A. Locke/San Francisco, Coco Masters and Toko Sekiguchi/ Tokyo, and Joyce Huang/Taipei
Robin Lapidus, the executive director of the Harvard Square Business Association said the glut of banks was just a sign of the times...