Word: reductionism
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Dates: during 2000-2009
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The end was near. On Oct. 15 Vinson & Elkins issued a nine-page report stating that Andersen approved of the Condor and Raptor deals and that Enron had done nothing wrong. On Oct. 16 the company announced a $618 million third-quarter loss and a $1.2 billion reduction in shareholder...
This splendid slack week between Christmas and the New Year is one during which many Americans start pulling together their financial records for the year. And it's a good time to engage in some last-minute tax planning--especially this year, with the tax code changing considerably on Jan...
A reduction in maids' salaries would make a dent in the Philippines, where remittances from workers abroad contribute $6 billion to the local economy. News of the proposed wage adjustment had Philippine labor minister Patricia Santo Thomas rushing to the territory in defense of her countrymen and women. (Her Indonesian...
That isn't all the good news. Rates on home-equity lines of credit, which typically move with the prime interest rate charged to the most credit-worthy business borrowers, are at record lows. As of last week, the average line of credit was 5.96% with no closing costs, according...
Mary L. Fifield, president of Bunker Hill Community College in Boston, said that Bunker Hill will have to make significant budget cuts to compensate for the reduction in state funding.