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...selling more than just art, antiques and the furniture from Aunt Esther's estate. As the economy fell, so did the demand for discretionary items sold at most community auctions across the country. Desperate for new revenue streams, auctioneers have started selling basic grocery store items to help pick up the slack. Hungry for bargains, shoppers have started bidding on fruits and vegetables. As long as the final offer comes in below the grocer's retail price, they'll save a few bucks on the essentials. "Right now, the auction business is in a downfall," says Raymond Toler, owner...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

Today, students can pick up the goods that they purchased from Costco Wholesalers through "Market Day," a program run by Harvard Student Agencies that let's students buy items online and have them delivered to their Houses once a month...

Author: By Esther I. Yi | Title: Costco Comes on Campus | 4/18/2009 | See Source »

Students who purchased their goods through these Houses can pick them up today...

Author: By Esther I. Yi | Title: Costco Comes on Campus | 4/18/2009 | See Source »

...result, Cantor has been able to pick up clients, giving a big boost to its bottom line. Lutnick says his firm made more money in 2008 than ever before. He won't say how much, and since Cantor is private he doesn't have to. BGC, because it is publicly traded, does have to release its results, and officially that division lost $30 million. But exclude a one-time charge, and BGC profits come in at $105 million in 2008, up from $58 million in the year before. Analyst Michael Adams who follows BGC for brokerage firm Sandler O'Neill...

Author: /time Magazine | Title: Cantor Fitzgerald, Victim of 9/11, Thrives in Recession | 4/17/2009 | See Source »

...that simple. The money is owed not to Penn personally but to his company, which is a subsidiary of the worldwide public relations and advertising firm WPP Group, based in London. The bills the Clinton campaign ran up included $5 million for the polling that apparently failed to pick up on the public mood. And then there was the cost of sending out 20 million pieces of direct mail, with postage alone reaching $8 million, according to an official for the firm. Many would argue that it was money ill-spent. At a minimum, that big a bill for snail...

Author: /time Magazine | Title: Should Clinton's Campaign Pay Mark Penn? | 4/16/2009 | See Source »

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