Word: loss
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...company plant on the far edges of the city. Their faces were grim. No one was in the mood to talk. The last time Caterpillar faced a similar crunch was in the early 1980s, when the company had to deal with the combination of recession and loss of market share to a fierce Japanese competitor, Komatsu. (See pictures of the recession...
...company reported a net loss of $7 million in the third quarter of 2008, compared with earnings of $117 million in the same period in 2007. Still, the company insists that its liquidity remains intact. "We ended the third quarter with $395 million in cash and cash equivalents," says Office Depot spokesman Brian Levine. "While the fourth quarter is not yet closed, we believe that we did not burn cash. It is our intent that we will maintain our liquidity throughout 2009, even under our most conservative projections of the economic environment...
...military tanks that took to battle in World War I. But now Caterpillar is facing a very 21st century ordeal, one that almost all other companies face amid what is arguably the gravest economic crisis since the Depression. On Monday, Caterpillar joined other U.S. companies in announcing the collective loss of some 75,000 jobs at operations worldwide. (See pictures of the stock market crash...
...Hair loss affects more than 50 million Americans, 20 million of them women. With numbers like that, it's not surprising that the people behind the bestselling Dummies Books series have taken note. Their comprehensive new book, Hair Loss & Replacement for Dummies, authored by four medical experts on hair loss, has just been published by Wiley. TIME senior reporter Andrea Sachs spoke with one of the authors, hair-transplant surgeon Dr. William Rassman in Los Angeles. (See the Year in Health, from...
...What causes male hair loss? Ninety-nine percent of men who lose their hair lose it from genetic causes. That means they've inherited the pattern from somebody in the family. There's not a one-to-one relationship: Your parents may have full heads of hair and you may be balding. Or, you may have a full head of hair and your father could be bald and your grandfather could be bald. It comes from both sides of the family, the male and female side, about equally - contrary to the common myth that you inherit it from your mother...