Word: loss
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...counterweight to the rising number of consumers defaulting on their payments. Within hours of that announcement, communications giant Motorola Inc., which cut some 2,600 jobs in April, said it would trim an additional 3,000 staffers over the next several months after posting a third-quarter loss of nearly $400 million. It will also postpone a planned spin-off of its ailing cell phone division. (See pictures of the global financial crisis...
Spare Change, a publication of the Homeless Empowerment Project designed to both provide the poor and homeless with jobs and educate the public about issues related to homelessness and poverty, has weathered financial crises in the past. But Eck said the recent loss of a major donor has him more worried than ever before...
...what he describes as a “change in and loss of personnel” that led to a recent merger with Boston-based Whats Up magazine–which became a supplement in Spare Change– Eck said that the paper has alienated a member of the Buffet family who previously donated $40,000 a year to the publication...
...loss of this gift will make Spare Change News much more dependent on their biannual appeal for contributions, published on the back page of the paper in November and March. Each appeal, which encourages readers to send donations to the paper in an enclosed envelope, typically generates $25,000 to $30,000 dollars...
...presidential candidate Bob Dole, won Helms' North Carolina Senate seat by a comfortable nine-point margin after he vacated it in 2002. Then in 2006, as head of the Republican Senate Campaign Committee, Dole managed to hand control of the Senate to Democrats by presiding over a surprise loss of six seats. Now Dole is in danger of losing Helms' seat itself to Democratic State Senator Kay Hagan - and perhaps handing the Democrats a filibuster-proof 60-vote majority in the process...