Word: overhead
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...like, 'Wow, that would be a blast!' I love blizzards-I probably eat too much of them, so I went out there and hung out with the people. Little did I know there would be lines more than a mile long and helicopters [flying overhead]. It was a big circus...
...from Manassas, Virginia a few years ago, partly to be closer to Toshiba, a company it partners with. Yokkaichi already had the infrastructure for both manufacturing and for the large R&D outfit that goes along with making memory cards. "By having it all in close proximity, it reduces overhead costs," says Sandisk president and COO Sanjay Mehrotra, "and that's the name of the game, to be able to produce product at the lowest possible cost." (Notice that had nothing to do with cheap labor...
...ride across the city's network of power lines. There's no interference because electrical current and digital 1s and 0s run at different frequencies. Manassas uses a fiber-optic network to carry data from its central Internet servers to the medium-voltage lines that run underground or overhead along residential streets. Special hardware clamped to every transformer helps the Internet signal jump to the low-voltage lines that disappear inside individual homes...
...tech prowess is a matter of necessity. MeritaNordbanken controls about 40% of Finland's banking market, so a merger with another domestic bank to cut costs was out of the question on antitrust grounds. Merita therefore embarked on a two-pronged strategy: use mobile and Internet technology to cut overhead, and become Europe's most aggressive bank in expanding across borders. In April it completed a merger with Denmark's Unidanmark three years after Merita joined forces with Sweden's Nordbanken. The deals have made Merita the largest bank in Scandinavia. "We see ourselves as a pan-Nordic bank with...
...said John P. Huchra, a Harvard cosmology professor who serves as senior adviser to the provost on research policy, “is that if this becomes a bandwagon in Washington, and other agencies are also forced to go with the same kinds of caps on administration and overhead expenses, then it will affect all the research we do that is sponsored by the government...