Word: papers
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...poor management or bad luck, GM and Chrysler have reached the point where they are not viable as independent companies. They need U.S. aid whether they remain "solvent" or have to get court protection. Almost every American has seen that news on TV or read about it in the paper. It will be hard to imagine what consumers will think when they find out that a company which was the largest corporation in the U.S. for years is bankrupt. It is like finding out that the telephone company has gone out of business. (Perhaps people actually do worry about that...
...keep a pleasant, professional tone. In negotiations, a threatening posture almost always backfires, says Ury. Hiring a lawyer or other adviser is a fine idea - but there's no need to mention to your employer that you've done that unless talks take an uncivil turn. Creating a paper trail is always a good idea: after each meeting, summarize what you were told and send an e-mail to the person who told it you, asking for confirmation that you understood all the points correctly...
...retrieve those undesirable e-mails you “accidentally” sent. You know, like the cover letter you sent that said your resume was attached… it wasn’t. Or the e-mail to your Dean complaining about lack of toilet paper, dated March 20th 3:30 A.M when you realized your lazy roommates stole your last roll. Or the nasty e-mail you sent to your ex/crush/random kid in your math class for, err, looking at you funny. Or any e-mail sent from 2-4:30 A.M (hint: the receiver can see when...
...land is in no guise the highest form of civic duty. The newspaper industry certainly was, however, one of the plumpest cash cows in the landscape of American business for numerous decades. As local newspapers survived on classified advertising, the economics of the industry invariably led to a monopoly paper emerging in literally every local market as the strong got stronger. Warren Buffett compared owning the resulting enterprise to owning slot machines...
...heads of publishing companies have spend most of the last 20 years worrying about the costs of organized labor, the price of printing paper, and postal rates. It clearly did not occur to them that the early internet successes like Lycos, Excite, and Altavisa were in the information gathering, sorting, and creating businesses. Their indexing and presentation of content looked clumsy in 1997 and 1998. It is incredible to remember that Yahoo! (YHOO) had its first day of 100,000 unique visitors in 1994. The company went public in early 1996. Google (GOOG) raised $25 million...