Word: risen
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Translation: the banks were long on oil and probably helped effect high oil prices. But with these banks failing, and prices already declining, they too closed out those long positions and helped bring prices lower. Oil prices may have risen on panic, and fear may have played a role in their recent fall. The mechanism of the fall, however, was a massive liquidation...
...grindhouse B-movie slash-a-thon, either. It all comes back to integrity: The films don’t need all of that money, and their creators know it. True, the budgets have gone up since the original, but so has inflation, and they haven’t risen at the rate of, say, the “Hostel” franchise, which more than doubled its budget from one to two, even though the sequel brought in less than half the cash of the original...
...chips has cost Pepsi more to produce, even as belt-tightening consumers resist paying more for their food. Earlier this year, skyrocketing prices for corn, rice, wheat, vegetable oils and other key ingredients further added to core expenses, shrinking Pepsi's margins. Even packaging and delivery costs have risen. In response, CEO Indra Nooyi recently announced that the company would lay off 3,300 of its 185,000 workers and close six manufacturing plants, after failing to satisfy analysts' performance expectations. Coke has been less affected by commodity-price growth because it buys a smaller range of ingredients...
...Navy inspections of the San Antonio have found a raft of problems so baked into its design that many Navy officials fear it can never be made right, despite its price tag's having risen from $644 million to $1.8 billion. "Some significant fraction of the welds in that ship were flawed and had to be redone," John Young, the Pentagon's top weapons buyer, told Congress in June. "I shouldn't be forced to pay on behalf of taxpayers any price for any level of deficient performance." Still, that's just what the Navy did, forking over an additional...
...Bertucci’s were not permitted to comment on their business this fall, but owners of smaller restaurants including Felipe’s Taqueria and b.good said that while their sales were holding steady or were even higher than last year’s figures, their costs had risen dramatically in recent months.“The costs side is out of wack, it’s through the roof,” said b.good co-founder Jon Olinto, who noted that the price of beef had risen from $3.25 per pound to over $4 in the course...