Word: move
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...what's the next move for ritzy retailers? Department stores cut new merchandise orders for the upcoming holiday season by at least 20% to bring supply in line with demand, and began pressuring fashion houses to offer lower-priced goods. "They needed to get traffic into their stores," says Milton Pedraza, chief executive of the Luxury Institute...
...plan is to do away with a system in which the Federal Government subsidizes banks and other private finance companies like Sallie Mae to lend money to students. The Administration essentially wants to cut such companies out of the game and run the system itself. Democrats claim the move will save $87 billion over 10 years, which can be used for a laundry list of education priorities, including increasing the maximum amount of Pell Grants, expanding Perkins Loans and investing in community colleges and other programs. (See pictures of a diverse group of American teens...
...totally on top of everything," Alston says. "Nothing happened that he wasn't aware of, and he was criticized in fact for micromanaging." An official expression of skepticism about the motivation behind Ali's firing came from the U.S. embassy, which said in a statement that the move was a "potential" first step on the path toward reform. (Read "In Africa, Can Clinton Be Obama's Surrogate...
...Kenyan officials denied that Ali's move to the post office was anything but routine - "These are normal changes," said government spokesman Alfred Mutua. But Kibaki himself contradicted his spokesman in a statement released by his office on Wednesday, Sept. 15, when Iteere was sworn in: "President Kibaki expressed optimism that [the public] will support the new Commissioner of Police and the ongoing reforms in order to ensure that the police force is more efficient in addressing the country's security challenges...
...inventing a market where one does not exist," says Acurio. The world is a different place from the one in which Benihana first branched out of Japan and opened in the U.S. - in New York - in 1964. Tastes have become more global and transportation allows fresh produce to move from a farm in Peru to a restaurant kitchen in Europe or the U.S. in less than 24 hours, making it easy to start - and sustain - a trend...