Word: macs
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...from a family burger stand to a global fast-food behemoth, with more than 30,000 locations in 118 countries. Those nations, however, are about to have their ranks reduced by one: the Golden Arches are pulling up stakes in Iceland this week, and Icelanders pining for a Big Mac and large fries will soon be going hungry. The global chain says it is shuttering its three stores in the capital, Reykjavik, citing the collapse of the local economy and the high cost of imports. The closures aren't a first for the company: McDonald's has pulled...
...MAC will be closed during J-Term, but Hemenway Gym and the Quad Recreational Athletic Center (QRAC) will stay open, according to Interim Dean of Advising Programs Inge-Lise Ameer...
...MAC will be closed during J-Term, but Hemenway Gym and the Quad Recreational Athletic Center (QRAC) will stay open, according to Interim Dean of Advising Programs Inge-Lise Ameer...
...days as investors shift from a hopeful mode to one more demanding of real improvement. And in the business headlines, at least, they are seeing it. After the close of trading on Monday Apple reported that quarterly earnings were up a stunning 47% on strong sales of iPhones and Mac computers. Investors were also cheered by the prospects that Caterpillar would deliver a bullish profit report. On Tuesday morning Caterpillar did just that, reporting earnings that were down 53% but were well ahead of analysts' expectations. (See 10 big recession surprises...
...subsidize homeownership? Let me count the ways. First, more than 80% of the mortgage loans made in the U.S. so far this year have been bought by the government-sponsored entities (GSEs) Fannie Mae, Freddie Mac and Ginnie Mae. That keeps the interest rates on those GSE-backed mortgages substantially lower than on mortgages that can be sold only on private markets, because taxpayers are on the hook for defaults on the former. That risk, long hypothetical, became reality as we got stuck with a $291 billion rescue bill for Fannie and Freddie in the fiscal year that ended...