Word: making
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Dates: during 2000-2009
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Congress is moving to make those tax losses even more valuable. Typically, when a company loses money, it can apply for a refund of the taxes it has paid on profits over the past two years. However, Congress is moving closer to extending the so-called tax loss carryback provision to five years, instead of two. Senate majority leader Harry Reid recently threw his support behind the extension of the tax refund, adding it to a bill that would extend unemployment benefits. On Nov. 2, the Senate voted to close debate on the bill, which means a final vote...
...Eisenberg knows how to shop. He can see through marketing campaigns, advertisements, and all the subtle nuances behind a store's attempt to make you spend your money. In his new book, Shoptimism the former executive vice president of clothing retailer Lands' End (and former editor-in-chief of Esquire) examines why we shop, how we buy, and what sort of tricks the advertising industry tries to play on us. (Watch TIME's video "Are You Ready To Shop...
...book, you talked a lot about anti-consumerists, calling them them 'buy scolds' and 'ad bashers'. Do you agree? Do you think advertising agents are as nefarious as some people make them out to be? Anti-consumer groups do have a point, but they assume that we are defenseless as consumers, and that we don't see through advertising as well as we do. I think most people do see through it, if only because advertising is just so ubiquitous. If nothing else, I think that the advertising community has hurt itself by putting out so many...
...cabinet meeting in Berlin on Wednesday: "The behavior of General Motors toward Germany is totally unacceptable. We won't let GM put us under any pressure." But at this point, can the German government or unions really do anything about it? Can they punish GM or at least make things difficult for the manufacturer? Will they be able to protect the 25,000 Germans employed by the company? (See the most exciting cars...
...against him. Even the most fervent racquetheads will tire of the play by play. But if you're remotely intrigued by the mysteries of sports psychology, don't skip Agassi's breakdown of his classic 2005 U.S. Open win against James Blake. Agassi uncoils the choices a player must make in nanoseconds--"How aggressive do I want to be? Where do I want to station myself?"--while bringing you into the belly of his brain. "Rip it," Agassi tells himself...