Word: pies
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Dates: during 2000-2009
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With apologies to Apple Pie, bankruptcy is as American as it gets. From the earliest days of the Republic to General Motors' June 1 filing for Chapter 11, debt relief has been at the center of a tug-of-war between competing Yankee principles: reinvention and responsibility...
...that's where Rubinstein, a former Apple hardware engineer who oversaw the iPod division, comes in. His job is to restore Palm to its former glory and carve out a nice slice of the smart-phone pie. But to do so, Palm will have to compete with Apple's iPhone. Launched two years ago, the iPhone has created nothing less than a new way of doing business. By last January, more than 21 million iPhones had been sold; nearly 50,000 applications are now available for download at its online App Store. Rubinstein, an easygoing guy, smiles when we discuss...
...What's there to like about this merger? The combined company will effectively cut out middlemen, such as independent concert promoters, business managers, lawyers, agents and venue owners who want a piece of the pie, and allow artists to deliver services "quicker, faster, better and cheaper" to its fans, said Luke Froeb, associate professor at Vanderbilt University's Owen Graduate School of Management and a former senior economist with the FTC and Justice Department. From a stock perspective, Citigroup analyst Mark Mahaney sees significantly bigger growth than Ticketmaster would enjoy...
...before submitting their capital plans has in general shown that the banking industry is stronger than many thought. Banks were able to raise capital in May and early June with surprising ease. Selling new shares usually makes a company's stock price go down because the earnings-per-share pie gets cut up into more slices. But many of the banks have been able to raise cash and have their stock price continue to rise. J.P. Morgan, for instance, raised $5 billion in May, yet its stock price rose 14% over the course of the month. All told...
...this sort of all-American cachet. It's kind of like baseball and apple pie. It's also something that anybody can try, sort of like playing Scrabble - it's easy to get the hang of. And these kids are right at an age where they're like adults, but they're not adults, and they don't have a game face, so it's fun to watch them. You can read the storms, watch the sun come out - you can see all that on their faces when they get a word...