Word: majors
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...many companies are reacting late and with insufficient purpose." Many also show signs of inflated expectations: while 65% of companies said their industry's fortunes would decline, 40% predicted improved profitability for themselves. Probing the mindsets of top managers, the authors show why things may get worse for many major corporations and prescribe a series of measures companies can take to navigate the stormy road ahead. (See TIME's Top 10 Financial Buzzwords...
...program based on an illusion. The banking system is still terribly weak and there is almost no one with an in-depth knowledge of the credit market tapestry who does not believe that there are hundreds of billions of Confederate dollars being held in the vaults of the major banks. (See the 25 people to blame for the financial crisis...
...paralyzed global climate talks over the past several years. Poor nations want rich nations to accept deep, mandatory carbon cuts, and pay tens of billions of dollars in aid to help developing countries combat global warming. Rich nations are squeamish about committing to extreme measures without help from major developing nations like China and India, which will be responsible for the lion's share of new carbon emissions in the decade ahead. And all leaders are feeling the squeeze of the economic downturn, which has shunted public attention from global warming and stalled investments in renewable-energy technologies - without which...
...Washington Shifting DOD Priorities Defense Secretary Robert Gates has called for a major adjustment in defense spending that he says will make the U.S. better equipped for the conflicts in Iraq and Afghanistan. If approved, the Gates budget will...
...With the major budget cuts and freezes at Harvard, few students said they were surprised that the College would not want to spend more money on January programming. But some students said they had hoped the administration would allow students to stay on campus over break to participate in activities organized by student groups, such as the Institute of Politics...