Word: opted
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Dates: during 2000-2009
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Losing more than $1.6 million a day, Alitalia said in February that its cash reserves had dropped to $263 million. With money rapidly running out, and no good offers on the table, the board may well opt for filing bankruptcy to stave off creditors and force lay-offs and an organizational overhaul. Italian officials say most service would likely continue while the financial restructuring is underway...
...savings plans. Some 30% of people eligible for such plans fail to sign up, even though companies often match contributions--free money, as it were. As a result of Thaler's work, many firms have switched to automatic enrollment. In the language of Nudge, the plans have moved from "opt in" to "opt out." That turns people's inertia-like tendency to stick with the default option--whether or not it's a good one--into an advantage...
...With the Medellin case, the Supreme Court may have accelerated that trend. By ruling that most traditional treaties only become the law of the land if the full Congress "implements" them, the justices made it more likely that political leaders will opt to pass them as if they were a domestic law. (The Court has previously upheld the full enforceability of treaties passed in that manner...
Yellow pages may soon go green if Cambridge City Councillor Sam Seidel gets his wish. The council voted unanimously on Monday to look into an eco-friendly plan that would allow residents to opt out of having phone books delivered to their front doorstep. “You and all your friends look up most of your phone numbers on the Internet now,” said Seidel, who earned an urban planning degree from the Graduate School of Design in 2001 and won a Council seat last fall. “The Internet has become the new phone book...
...This is another big reason why Japan is struggling to fill its classrooms. To offset dwindling enrollment, faculties need to reach out globally to attract foreign students as well as top-notch foreign teachers, who bring with them the ability to win lucrative research grants. But foreigners who opt to study in Japan sometimes regret their decision. Martin Rieger, a German attending Aoyama Gakuin University in central Tokyo, says that after one semester, he worries that he's falling behind his peers at his home university near Luxembourg. "I'm writing about topics and issues that will help...