Word: scale
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...scale of 1 to 10, with 10 being a bank in perfect condition, Citigroup may end up with a 2 on its stress test. The government will require it to take more taxpayer capital and the firm may then have ample reserves. Wells Fargo (WFC) could achieve a grade of 8 and then not need to take any financial support from the Treasury. Wells Fargo's shareholders then benefit because their shares are not diluted...
...that required utilities to offer 10-year fixed-rate contracts for wind power. That sort of security led to a rapid expansion of wind power at home - the country has more than 5,200 turbines producing in excess of 3,100 MW of electricity - and helped firms like Vestas scale up and perfect their technology so they could dominate abroad...
...advanced postindustrial economy. This is especially true of highly competitive industries like the financial services sector, in which on-campus recruiting is essential in funneling elite students into elite firms; the process allows students’ careers to blossom and the economy to grow. I do question, however, its scale at institutions like Harvard. Last year, more than two-fifths of last year’s graduating class funneled themselves into one small sector of the giant American economy...
...underbelly of the pet-breeding industry is rather less luxurious. Last month, sheriffs in North Carolina and Tennessee raided a series of puppy mills, large-scale breeding operations where dogs are confined in crowded and unsanitary conditions. Videos showed diseased dogs pulled from small, filthy cages, their paws mutilated by the wires...
...collapse in global auto sales is forcing the company to drastically scale back. Tata laid off some 850 employees at JLR in November, and reportedly is considering issuing another 1,500 pink slips. Indeed, the storied Jaguar and Land Rover brands that once were a source of Tata Motors pride are increasingly looking like boat anchors. Since the acquisition, Moody's, the investment ratings agency, has twice downgraded Tata Motors' debt rating, which now stands at non-investment grade...