Word: lowerator
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Dates: during 2000-2009
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...anomaly in all of this was luxury-jewelry retailer Tiffany, whose traffic was up year-over-year, although many of its sales were on lower-end silver items, says Joseph Feldman, managing director and retail analyst at Telsey Advisory Group...
...that then existed—generally two- to fivefold in earnings between business leaders and doctors and lawyers, or five- to tenfold with professors, scientists, and public servants—were often rationalized by the country’s highest-ranking graduates as reasonable additional compensation to balance the lower standing of business jobs among their peers...
...have guided Harvard’s investments and continue to direct its handling of the endowment meltdown. Critical economic decisions are made under a shroud of secrecy; high administrators give vague answers to urgent educational questions; powerless directors are told to freeze hiring and salaries; hard-working, lower-wage staff who make Harvard function are laid off in the worst recession in 40 years by an institution that proudly touts its courses in ethics, religion, and morality...
...That's not only because of government largesse. As wages and land prices rise precipitously in China's coastal cities, Chinese companies based there are investing in operations in less-developed Xi'an to capitalize on its lower costs and tap a cheaper labor market. About 70% of Xi'an's domestic investment comes from the southeast coast. For example, in late 2008 Shenzhen-based cell-phone maker ZTE announced it would invest $880 million in manufacturing and research facilities in Xi'an that will ultimately employ 26,000 people. Hybrid-car maker BYD, also headquartered in Shenzhen, has turned...
...Couric interview, Palin had to convince voters she was ready to lead the country if need be. For her relaunch with Oprah and Barbara, the bar was lower: to show America that she could make it through interviews with Oprah and Barbara. (A full-court press from The View--now that would be a challenge.) She reined in her wild syntax, tossed about folksy-isms like "bullcrap" and called President Obama's economic policies "back-assward." And she stressed her average-Jane image: she let Oprah's cameras follow her to the gym; in her book, she recalls going door...