Word: margin
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...come back with a vengeance, but it is the successors to the Bush Administration who will have to deal with it. Peter Van Roy Louvain-la-Neuve, Belgium All too often, time chooses the U.S. President as Person of the Year. Bush won re-election by a very slim margin. No great performance there. And the President is by no means a revolutionary. He is responsible for invading a country under false pretenses, clamping down on personal freedoms at home, conducting a reckless fiscal policy and letting the dollar slide. It's an insult to the word revolutionary to apply...
...former chairman Ian MacLaurin and current chief executive Terry Leahy, Tesco cleaned up its dingy stores, expanded into more convenient central locations, and offered a more inspiring product line without sacrificing rock-bottom prices. It developed its premium Finest and economy Value private-label ranges and moved into higher-margin nonfood items such as electronics, housewares and clothing (with styles that actually make the fashion pages of mass-market women's magazines). That helped Tesco accomplish a simple but crucial task: getting bodies into the store. Tesco's British grocery market share rose to an estimated...
...there are no negotiations," he says, "I'll consult the Basque people." That move could backfire, if it ever even happens. Separatist sentiment was on display when thousands marched on Jan. 8 in Bilbao, but a poll last week showed Basques oppose the Ibarretxe Plan by a thin margin of 36%-34%. Many residents have close ties to Spain, and most don't speak Basque. A majority of 59%, however, thinks the government should allow a referendum to go ahead. Before it comes to that, the Basque government faces regional elections in the spring. José Blanco, Secretary of Zapatero...
...rearview mirror. What's next? General Mills is betting that broader health consciousness is here to stay and is in the process of converting its brands to whole grains. Kellogg will instead churn out a wide range of products, Jenness says, while focusing on creating more high-margin items, then funnel those profits back into more innovation. "Once you get something going, it takes tremendous discipline to keep it going," says Jenness, a marathon runner. "Food companies that can deliver year-in and year-out performance--it's a wonderful thing and a challenge." Now the challenge...
...date has been set for Chertoff’s confirmation, but if history is any indication, the process should be relatively quick. Chertoff has been confirmed by the Senate three times for positions within the government, most recently by a margin...