Word: profits
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Today automakers are grateful for the add-ons. Intense global competition and falling prices have made overall profit margins on new-car sales razor thin. Options, on the other hand, provide carmakers with profit margins up to 50%. Sell enough $2,000 navigation systems, and you're talking serious money...
...little lighter lately, you might be right. Manufacturers are quietly trimming the content of their packaged products--from yogurt and ice cream to laundry detergent and diapers--and often they aren't dropping prices to match. Called a "weight out" in industry parlance, product downsizing lets companies maintain profit margins without raising prices. Faced with a flagging economy and increasingly finicky, cost-conscious consumers, manufacturers have been using this decades-old tactic more aggressively in the past year...
...Very well for the consumer, naturally. For airlines, the nightmare continues in a stream of profit warnings and shrunken timetables. This is, opines Richard Stirland, director general of the Association of Asia Pacific Airlines, "merely the end of the beginning" of the crisis. In Manila, a Philippine Airlines spokesman echoes the mood of many in aviation: "I've just come from a meeting, and I can tell you we can't see the end of the tunnel. When will schedules get back to normal? We can't think about anything except cost cutting right...
Badaracco and O’Brien have four daughters. Maria, 22, is teaching at Boston’s Home for Little Wanderers, a non-profit family service agency. She will be leaving for the London School of Economics in July. Anna, 20, and Louisa, 17, will be at Northwestern University this fall...
...decade, Hively decided to use her experience and connections to start her own non-profit organization called Minneapolis YOUTH TRUST, a “schools-business-labor-community collaborative to prepare youth for productive careers.”Moving...