Word: overnighters
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...lunch every day and puts in 40-45 hours a week, remembers even darker days for dealers: the oil embargo in 1973. Having lived through tough times before, Thompson was ready this time. In July, when he began to notice "For Sale" signs seemingly reproducing on neighborhood lawns overnight and hearing new horror stories every day about people who were upside-down on their mortgages, Thompson put his Dodge salesmen on salary, so they wouldn't have to rely solely on commissions...
...just below 90 yen to the dollar, and having risen to 87 on Wednesday after the U.S. cut interest rates, the Bank of Japan decided on Friday to cut its benchmark rate to 0.1%. The move was done on a near unanimous vote among policy makers. However, with its overnight rate already at 0.3%, it is unclear what such a small rate cut could achieve...
...Canada's central bank also slashed its overnight rate three quarters of a percentage point, to 1.5%, the lowest level since 1958 when John Diefenbaker was prime minister. The move is intended, in part, to prop up sinking consumer confidence and provide some much-need relief for key sectors such as forestry, mining and oil that have been particularly hard hit in recent months by a commodity bust. (See pictures of the global financial crisis...
...Visit Philly? If you can't find a room in Washington for the Inauguration on Jan. 20, try Philadelphia instead - just two hours away by train or three by car. The city's tourism board is offering a "Philly Overnight" hotel package: at more than 30 participating hotels, you'll get free parking with a two-night stay, plus a Macy's savings pass. Check the tourism board website to book...
...Other Frisco. In case you get stuck on an overnight layover at Dallas International, Starwood's lifestyle brand, Aloft, the hotel geared toward the Gen Y traveler, opened an outpost near Dallas in Frisco, Texas, just 25 minutes from the Dallas International Airport and Love Field Airport. 3202 Parkwood Blvd., Frisco...