Word: rising
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...forecasts for its 2007 fiscal year, which ends in March, predicting a 38% decline in net income, to about $435 million. The losses are partly owing to charges for the battery recall and delays in launching the highly complex PS3. For fiscal 2008, Stringer is still predicting a 5% rise in profit margins, though he admits he's not sure how he'll achieve it. "But I am not altering the profit target...
...students to get into top schools at the expense of those who aren’t? PICK ME, PICK ME!!!William M. Polk, former headmaster of the Groton School, a boarding school in Massachusetts that traditionally sends a significant percent of students to Ivy League schools, saw the rise of the admissions industry first hand. Polk believes the high turnover rate among college admissions officers obscured previously straightforward admissions criteria.“There were people reviewing applications who didn’t really know the schools they were dealing with. They didn’t really know...
...Gates was chiefly a lifetime CIA officer, who rose quickly through the agency's Russia and Soviet ranks during the 1970s and 1980s. He was marked for higher office by Reagan CIA Director William Casey but was slowed in his rise by minor involvement in the Iran-Contra scandal in the late 1980s, when Gates was Casey's deputy director at the agency. That misstep cost him the chance to replace Casey during the Reagan years; Bush's father named him CIA director a few years later, after the Iran-contra smoke cleared...
...youth involvement in politics: Fewer than one fifth of young people are currently involved in a “government, political, or issue-related organization” in spite of the fact that large majorities of youth recognize the importance of politics. Although youth voter turnout is on the rise, it still lags far behind that of the rest of the population. During the last midterm election in 2002, turnout among 18 to 24-year-olds was a measly 23 percent as compared to 56 percent among voters over 25 according to CIRCLE. Although some young people may think that...
...periodically, this year the stagnation of the federal minimum wage inspired initiative proponents to add a powerful element to each of their proposals: indexing the wage floor to inflation. The idea is to ensure that low-wage workers don't see their purchasing power decline every year as costs rise and their wages remain static. Washington, Oregon, Florida and Vermont have already enacted such indexes. Opponents argue that indexing could lead to spiraling labor costs, but a recent analysis by Michael Ettlinger of the Economic Policy Institute (EPI), a progressive research institute, suggests that there is minimal risk...