Word: pricing
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...preparing to go through another round of layoffs. It has hopes, which are probably futile, that it can push out enough people, in addition to getting creditor concessions and supplier price cuts, to prove to Congress that it can operate at break-even. That would give it additional government funds to keep it afloat while it restructures. To reach part of its goal, the company is offering incentives which it believes will get 10,000 union members off its payroll. Bloomberg has reported that it may fire another 5,000 white collar workers...
...Following the collapse in September of U.S. investment bank Lehman Brothers, RBS's depleted capital reserves - a consequence of that ABN deal - meant "the spotlight fell on us, and the share price dropped 60% in two days," Goodwin said. Added McKillop: "We are sorry we bought ABN Amro." At HBOS, said Hornby, who stepped down as its CEO in 2008 after only two years in the job, "years of reliance on wholesale funding left us in a vulnerable position." No kidding. When the meltdown in those markets occurred, HBOS was history. "The fundamental mistake that HBOS made was," said Stevenson...
...clear, I am not bitter about paying $80 for a ticket I could have obtained for free. Fortunately, I collected my tickets early and escaped the extortion. A further point of clarification: I took Ec 10. I know about the value of price discrimination and increasing the overall utility by allowing market forces to settle on efficient prices. I respect—and am an advocate of—the capitalistic system. However, it is not acceptable for Harvard students to take advantage of their peers, especially for entry into an event that is devoted to fostering a sense...
...Finally, by tolerating price gouging, we encourage the perpetrating students to continue doing it. In the short term, savvy students will begin buying extra tickets to popular events that are guaranteed to sell out in the hopes of making a tidy profit every time a formal takes place. This is the most innocuous result, however. If these students, who almost certainly take pride in their financial acumen, have any political or business aspirations, they will eventually plague the broader community with their gouging methods. Given our current economic crisis and the recent impeachment of Illinois governor Rod R. Blagojevich (Senate...
Habla Espanol? Intrepid Travel is offering a buy-one, get-one-half-price deal on Latin American packages. Choose from sailing and snorkeling in the Galapagos, sipping your way through the Malbec wine region in Chile and Argentina, or climbing to the ruins of Peru's Machu Picchu. Package prices range from $1,705 to $2,480. You can take a companion, or opt to use the half-price trip yourself as a separate booking. Travel must be arranged by Feb. 28. Quote code...