Word: lowers
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...range of the scores was from about 800 to 1,600," says Ackerman. "[But] within the study, lower-scoring examinees were not more or less affected by longer test lengths than higher-scoring examinees." (See pictures of the college dorm's evolution...
Before the current p.r. gaffe, Palin's trip to the lower 48 seemed to have been going well; it included an Alaska-themed parade that drew 20,000, a Yankees game with Rudy and Judy Giuliani and a dinner honoring her for the Independent Group Home Living Foundation, a nonprofit that supports people with disabilities. (Palin's fifth child, Trig, has Down syndrome.) "They have been all over the map for the most part since the election," says a former GOP aide who worked with Palin. "But this trip has been smart." Perhaps it seemed that way at first...
...Josh Baran, a New York Buddhist who has facilitated the Western trips of several high lamas, suggests that Hita's defection shouldn't cause adherents to lower their prayer flags. The West, he says, "has a romantic ideal that these lamas have some kind of super-vision and can look at a child and say, he's the one." While signs and portents may play a role in monastic successions, he explains, so do more worldly considerations. Tulkus often inherit considerable wealth and influence, and powerful monks will jockey to place their own candidates. The political needs of their lineage...
...Lacroix's situation is indicative of the state of luxury overall, a business that is structured on a pyramid model wherein companies invest in the high-end image of a brand that will generate profits at the lower end of the price spectrum. Lacroix, who launched his label in 1987 with the financial backing of Bernard Arnault, chief of the mighty LVMH Moët Hennessy Louis Vuitton, is a product of a 20-year creative and business cycle that has come crashing down with the recent global financial crisis. Despite his enormous creativity and influence on fashion, Lacroix could...
...typical luxury consumer has traded in high-priced fashion for quality, durable goods at a lower price, according to a recent report by Bain & Company. As a result, the luxury market is expected to shrink by 10% in 2009, with apparel being hit the hardest. So, when French couturier Christian Lacroix filed for court protection from creditors (similar to Chapter 11 bankruptcy protection in the United States) on May 28, it came as no surprise - especially since the filing was timed to same-store sales comps for May, which for department stores like Neiman Marcus and Saks Fifth Avenue were...