Word: loss
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...Cutting back is never simple. It takes arts organizations years to build quality programming, garner prestige and assemble and cultivate talent. Firing a violinist or two can be a staggering loss to the team. "You're looking at tough sacrifices," says Jack Fishman of layoffs, a spokesperson for the San Antonio Symphony. Its operating budget suffered a five-year setback, from a $6.6 million budget to $5.1 million. The solution? The symphony's 72 musicians agreed to swallow...
...team has worked hard to give the facilities a makeover and offer more family-friendly options. Attendance and revenues actually rose in 2008, despite the onset of the recession and high gas prices last summer. But the company's crippling $2.4 billion debt load led to a $135 million loss last year. Six Flags was $141 million in the red for the first quarter of '09, and this spring the swine-flu outbreak forced Six Flags to close its Mexico park for eight days. In June, Six Flags finally filed for Chapter...
...total business. Afrimex told TIME via e-mail that its last shipment from the DRC took place in September 2008 and all such transactions have since ceased. "Any link between Afrimex's past mineral-trading and armed groups remain wholly unfounded," the statement said. "We remain at a loss to understand why Afrimex is still being mentioned by Global Witness." Global Witness spokesperson Amy Barry said, "Just because they have claimed to stop sourcing at this point doesn't change the fact that they were sourcing during our research. So we still think that the evidence we uncovered is worth...
TIME: I heard. I'm sorry. Tsvangirai: It has been a terrible personal loss. It has an effect on your personal stability. I lived with somebody for 31 years, someone who was a pillar through all the trials and tribulations. It [the loss] is not something you can explain. You just live on a daily basis. You experience daily loss. The fount of grief has been lessened by the amount of support and grieving by the whole nation. It relieves you. It is not only your loss. And you throw yourself into your work hoping that you are able...
Donnelly explained that the display room has always been a net loss for HUP, but it was a cost that they were willing to subsidize until now. She said publishers have been dealt a “double-whammy” by the financial crisis and the transition to digital media...