Word: outrightly
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When the Calvin Klein underwear business, which Wachner bought outright in 1994, began to mature in the late '90s, Wachner's aggressiveness started to look like a liability. In an attempt to make quarterly numbers, many, including Klein, believe she flooded stores with steeply marked-down merchandise. The eroding economy did the rest...
...outright recession should be short-lived, thanks to recent Federal Reserve rate cuts and rebate checks of up to $600 a household that families can expect by September, compliments of last month's $1.35 trillion, 10-year tax cut. (Singles without kids will receive about $300.) Richard Berner, chief U.S. economist for Morgan Stanley, says that while a recession may have got under way in the spring, the rebates should underwrite modest growth by this fall. (A recession is commonly viewed as two consecutive quarters of shrinking GDP.) Says Berner: "It's likely to be the shortest and mildest [contraction...
...foreign computer specialist, at least two jobs are created for German workers in support positions such as customer service. And over the past year, opposition to the green card scheme seems to have become muted, with Angela Merkel, the CDU leader, announcing a nuanced change to her party's outright opposition to immigration to allow a small number of temporary visas to help industry fill its job vacancies. But this is indeed a minor shift: when the government of Chancellor Gerhard Schröder appealed last month for a bipartisan consensus on immigration so that it won't become...
...There were no outright surprises Monday, but it was interesting that Sandra Day O?Connor and Anthony Kennedy, who have emerged as the court?s key swing votes, took turns siding with the liberal wing of the Court. The presence of one swing vote, however, was generally decisive. A roundup of the decisions...
...political settlement in Macedonia - the alliance this week said it would send about 3,000 troops if the parties reach a deal and rebels agree to lay down arms - it's increasingly apparent that many in Macedonia's government and security forces still believe they can win outright on the battlefield. Key leaders of the Macedonian Slav majority, such as Prime Minister Ljubco Georgievski, continue to sound off about a military solution even as they participate in on-again-off-again talks with ethnic-Albanian political parties. Those talks are a long way from conclusion, having briefly collapsed this week...