Word: limiteds
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CONTEXT Los Angeles is considering a two-year moratorium on new fast-food stores in South L.A. It's not the only city cracking down on fatty foods: Berkeley and Arcata, Calif., limit greasy chains, while certain districts of Port Jefferson, N.Y.; Concord, Mass.; and Calistoga, Calif., ban them entirely. But critics say L.A. is ignoring a bigger issue: poverty. About 28% of its residents are poor, and fast food is a cheap dinner...
...moment, I think, but people. If there's a central character in my book, it's my mother. She was determined that there would be no limit on my aspirations. My father made sure that I understood that even if I brought home an A, somehow I was expected to do better next time...
...dollar of its $50 billion obligation to establish the trust. But investors have been pushing for a VEBA since Goodyear set up a similar plan with the United Steelworkers last year. Wall Street, after all, hates uncertainty and loves cash flow, and a VEBA would once and for all limit how much GM spends on its retirees--a savings of about $2.5 billion a year--enough for GM to fund a new car program and a more efficient engine every year. "With the health-care burden gone, GM becomes a much more competitive company," says David Cole, chairman...
...this case it's the unions that will have to bear the risk of hikes in health-care costs. The UAW will have to face the same hard choices the automakers do: balancing rising expenses with limited funds and a promise to cover everyone. "They cannot control it. They can't," says Uwe Reinhardt, an economist at Princeton University and an expert on health policy. "The union will just lose that deal." And before long, he says, the UAW will find itself having to limit choices, reduce costs and ask members to contribute money to keep the plan afloat...
...plans to support HBS students who are interested in taking their talents to the public and nonprofit sectors.The 2+2 program has, not surprisingly, been met with skepticism from some quarters, particularly from those who say it will force undergraduates to make decisions about graduate school even earlier and limit their options. While prospective 2+2 students will indeed apply to business school well before their peers, it is hardly a stifling program. Although HBS must approve students’ jobs for the two years before their matriculation, the intent of the program is to allow students maximum flexibility...