Word: lowerers
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...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...
Ellen Davis, an NRF vice president, says shoppers were intensely focused on staying within budget. "Shoppers were looking for deals on lower-priced items - such as $10 toys and $9 books, not $1,000 flat-screen TVs," said Davis during a conference call on Sunday...
...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...
...From Target's $3 coffeemakers to Best Buy's half-price washing machines to Staples's $350 laptops, the theme of this holiday shopping season is, without a doubt, "we sell for less." Even Wal-Mart's commitment to "every day" low prices isn't preventing it from going lower. An online skirmish with Amazon.com that started with $9 hardcover books (books normally sold for three times that amount) has dominoed into other categories, driving down prices on everything from mobile phones to Easy-Bake ovens. The deals are everywhere. (See pictures of expensive things that money...