Word: rankness
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Other sites, like the month-old Wishabi, involve members acting as personal shoppers. People post wish lists while deal hunters (anyone can serve as one) search the Net to find the best bargains for those items. The results are then rated by the site's Deal Rank software. If the person ends up buying an item, the deal hunter who found the price gets a small percentage of the commission. "People are leveraging other people to determine if deals are good," says Wehuns Tan, CEO of Wishabi. Adds Resource Interactive's Rollins: "The retailer that accepts that social media...
...finding himself a husband and father, Bolaño decided to kick the smack and take up writing fiction in the hope of supporting his family. His prose turned out to be better than his poetry. In 1998 the publication of The Savage Detectives vaulted him into the first rank of Spanish-language literature, right up there with all those writers he had mocked as an infrarealista. But by then he was already suffering from the liver disease that would kill him at age 50. He had all but completed 2666 when he died...
...risk returns--and it always does--companies are promising long-lasting change. This time around, they'll handle it differently, they say. Banks are stuffing their boards with risk experts. Trade groups are circulating white papers on the need for risk-adjusted compensation all the way down to rank-and-file employees. In the future, we're told, decisions at firms like Citigroup and UBS about what lines of business to pursue will be made with more of an eye to how much risk comes along with the profit. Merrill Lynch's running into the arms of Bank of America...
...there is also reason to be skeptical. Take, for instance, the idea of risk-adjusted employee pay as a way to keep people, including rank-and-file traders, from following personal incentives to the exclusion of a company's broader interest. It is a compelling idea. But so far it hasn't happened...
...Whatever brought the Learjet down, it will be hard for the Mexican government to convince the people that it was an accident, in light of the torrent of attacks on public officials by drug gangs. High-ranking police, prosecutors and judges have been slain across Mexico this year, while assassins have massacred hundreds of rank-and-file police and soldiers. Although cartel hitmen traditionally kill their targets with firearms, they have lately grown increasingly sophisticated and ruthless - drug gangs are alleged to be behind a bomb that exploded in Mexico City in February and grenades that were thrown into...