Word: month
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...Macy's (M).Consolidation efforts led by Pfizer's (PFE) marriage to Wyeth (WYE) have begun to put tens of thousands of people out of work. GM (GM) is signaling that it may have to take another 15,000 or 20,000 jobs off its payroll in the next month to convince the federal government that it can become economically viable in a market in which car sales are still falling...
...Macy's (M). Consolidation efforts led by Pfizer's (PFE) marriage to Wyeth (WYE) have begun to put tens of thousands of people out of work. GM (GM) is signaling that it may have to take another 15,000 or 20,000 jobs off its payroll in the next month to convince the federal government that it can become economically viable in a market in which car sales are still falling. (See pictures of TIME's Wall Street covers...
...third and fourth quarter will be exacerbated by the fact no part of the stimulus package will put a penny into the market before mid-year. The legislation for putting $800 billion or so into the economy may not be signed into law until the end of this month. Most of that money will leach into the soil of the American enterprise system slowly. Almost no one is looking for a turn in GDP before early...
...Kindle 2, which goes on sale ($359) at the end of the month exclusively at Amazon, is almost half as thin (.36 inch) and more capacious (holds more than 1,500 books) than its predecessor, with a sleek, Apple-like aluminum back. While its six-inch screen is the same size as the former model and still cannot render color, it will now display16 shades of gray, versus 4 in the original. That should improve the crispness of text, images and photos. Amazon also claims the new Kindle's battery can hold a charge 25% longer than the 1.0 version...
...Nonetheless, in an interview last month, Martin Nisenholtz, who oversees the far-flung digital operations of the New York Times, said the Kindle has been a "surprisingly successful" platform for his newspaper. "There's not a lot of evidence right now that people view the PC as the device they want to read on," he said. "And that's interesting because the PC is a general-interest device - we had hoped to see a little bit more of an uptake on that. On the other hand, we've seen a tremendous amount of uptake on the Kindle. It just works...