Word: saporito
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...Europe - where McDonald's has a huge business - have raised such a swirl of questions and controversy around GM foods that fast-food companies have begun to worry about their reputations with customers. "The Europeans are absolutely against GM foods, regardless of science," said TIME business editor William Saporito. And with the fast-food companies anticipating a similar wave of consumer concern in the U.S., they figure there's no point in trying to fight. "They're better off being on the side of the perceived 'good guys,'" Saporito said...
...first minutes of trading before leveling out, along with similarly hit European markets, into a holding pattern ahead of New York's opening. Despite Monday's good news, the market remains nervous. "The choppiness in the market is by no means over," says TIME business editor Bill Saporito. "The key question remains where is the bottom, and what is it's shape. Many people believe it's unlikely to be V-shaped, and that NASDAQ still has some way to fall - some stocks that have fallen as much as 50 percent may still be overvalued...
...dipping prematurely in expectation of lower barrel prices, led by fierce competition among gasoline retailers to pull in customers by offering the lowest prices on the block. "If you want to be a price leader, you make the adjustment so people keep coming back," said TIME business editor William Saporito...
...energy has contributed to this growing demand, and last year's world consumption of 75 million barrels per day is expected to rise 2.4 percent this year, according to International Energy Agency forecasts. "Eventually prices will fall, but demand will rise, as it always does in the summer," Saporito said. This recent price drop was not the precursor to plummeting prices, but merely a minor flux. The full effects of OPEC's decision remain to be seen...
...know. Raised alongside the fledgling computer industry, they practiced math with DOS-based "Number Munchers" and presented their senior theses as web sites rather than 100-page printouts. "By virtue of going to schools that are wired, they are trained in the language of today's economy," said William Saporito, business editor of TIME. "They'll be entering an economy custom-designed for them...