Word: market
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...commercial real estate market seems headed for trouble, the next potential victim of the speculative frenzy that has already devastated the residential housing market. That prospect apparently hasn't scared investors. Shares of real estate investment trusts (REITs, which buy and manage buildings and mortgages) have been on a tear for the past seven months, almost doubling in value on average. REITs now trade at a double-digit premium to the value of their underlying properties...
Amazon's hot digital reader will also face stiffer competition over the holidays. Barnes & Noble, for example, just unveiled its new entry into the market, the Nook. But Kindle sales are still strong. "Kindle has become the No. 1 best-selling item by both unit sales and dollars - not just in our electronics store but across all product categories on Amazon.com," Amazon founder and chief executive Jeff Bezos recently said. Amazon's profit soared 68%, to $199 million, for the quarter that ended Sept. 30. The book discounts could draw traffic to the site and tempt shoppers to pony...
...Locals face a tough question at a time when the global recession and the collapse of the cattle-ranching market have hit residents hard: How can they continue their decadelong push to market the area as a wildlife destination while also accommodating the needs of the British army? Residents are trying to balance both demands. "The current level of training is high. It's never been this high," says Anthony King, executive director of the Laikipia Wildlife Forum, a conservation group. "Clearly, army training and other land uses [like wildlife tourism] may not always be compatible. There are definitely people...
McGovern, for his part, brings an unfortunately unique perspective to the school committee, for, as a youth social worker, he is the only member of the committee who actually works with children. His professional background is reflected in his priorities: Where Nolan often pushes for better market research and financial management, McGovern’s concerns are more oriented toward the classroom and pedagogy. He has pushed to spend more resources on students with special needs and has called for the district to create a comprehensive plan to improve the educational climates in schools, including an anti-bullying strategy. Crucially...
...absence of significant reform, we will continue to see an erosion of the employer-based system. Smaller employers are dropping coverage altogether. The ones who are able to offer coverage are under greater and greater pressure. [In] the large-employer market, I see continued cost-shifting," says Tom Billett, a senior consultant for Watson Wyatt, a firm that advises companies (including TIME's parent company, Time Warner) on health-plan design...