Word: revamps
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...Monday, McDonald's confirmed earlier press reports that it will spend about $1.1 billion - more than half its total global investment funding in 2009 - to revamp scores of existing restaurants in Europe and open 240 new ones there. That effort will not only focus on relatively new markets in Eastern Europe like Russia and Poland, but also sink roots deeper in West European nations like Italy, Spain and France - generating about 12,000 badly needed new jobs in the process. As part of that expansion plan, McDonald's says it will add about 400 new McCaf...
...wage workers—reported in late September that Massachusetts was “marginally solvent,” meaning it could pay seven to 11 months of benefits using its reserves. Massachusetts’ unemployment trust fund became insolvent during the 2003 recession, prompting the state to revamp its unemployment insurance system. The system today includes five “schedules,” or brackets, of employer contribution levels, ranging from Schedule A, the lowest, to Schedule E, the highest, implemented based on trust fund reserve levels. The state was supposed to shift from Schedule...
With an audience of about 50 undergraduates in Emerson Hall, the first of the two UC-sanctioned debates focused on candidates’ qualifications and their plans to revamp social life...
...Students at the Medical School said that they have been nudging the administration to revamp the school’s conflict of interest policies both in the classroom and at the affiliated hospitals for roughly six years to little or no avail. Students spend their third and fourth years at the affiliated hospitals for their clinical education training...
Then again, Congress can do things that a bankruptcy judge couldn't--such as revamp health care and retirement policy so the costs don't weigh so heavily on big old companies trying to reinvent themselves. That won't happen overnight. But this particular economic crisis is so wrapped up in past government decisions--about financial regulation, about budgets, about housing policy, about pensions and health care--that the private solution of Chapter 11 just may not be enough. Bankruptcy-by-another-name it is, then...