Word: savings
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Dates: during 2000-2009
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...gorilla, but I'm also not really sure that it matters. What does matter is the fact that Katie Couric (a.k.a. "Shorty") performs a touching solo about the fragility of our planet's ecosystem. Watch out, Bono, there's another socially conscious musician out there, and she wants to save the polar...
...Vegas properties, Wynn and Encore, would take a pay cut. Salaried workers earning $150,000 or more would see a 15% drop in their paychecks; those making less would take a 10% hit. Hourly employees would go from a 40-hour to a 32-hour week. The idea: save millions of dollars without putting anyone out of a job while maintaining the service level at the luxury hotels. "We don't want anybody on unemployment here," Wynn said at the time, "or without insurance." (See 10 things to buy in a recession...
...companies opt for pay cuts is to preserve worker morale, but that can be a delicate thing. "Initially, this sounds really good to people because we're all chipping in. It's almost like in World War II when housewives bought organ meat instead of steaks and chops to save meat for the boys," says Mitchell Lee Marks, a professor at San Francisco State University's College of Business. "There's a sense of camaraderie and loyalty. But what if you don't win the war? Then why did we do that...
...applaud the tireless efforts to save endangered species and vanishing habitats, which you address in your cover story, but we need to begin to deal with the root problem: the exploding population of human beings [April 13]. How about a sterilization credit, like a carbon credit, to encourage people not to reproduce? We need to export and help finance information about all forms of birth control in all parts of the world, including the U.S. We have no trouble making decisions to limit the numbers of other species we deem overabundant, so why not our own? Ann B. Anderson, ATLANTA...
Patrick is not looking for government intervention to save his business, however. The company's manufacturing business model may seem counterintuitive. In a world where the efficiencies of scale have prompted textilemakers to mass-produce a limited line of goods, Patrick Yarns spins a wide range of products for a diverse group of customers. While a maker of industrial conveyor belts requires a sturdy yarn with minimal flexibility, for example, a safety-apparel manufacturer needs yarn that offers protection from cuts and heat. Patrick spins highly abrasion-resistant yarn for military applications, moisture-absorption and -retention yarn for fiber-optic...