Word: sectoral
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...didn't stop there. It unveiled plans to sell 100 toys for $10 apiece, roll back prices 20% to 30% on more than 100 other toys and aggressively mark down prices on DVDs, video games and other electronics even before Black Friday. Its push into electronics comes as the sector faces fewer competitors as a result of the demise of Circuit City and Tweeter over the past year. "We will not be beaten on price," said Eduardo Castro-Wright, vice chairman of Walmart Stores Inc., during the company's annual investor meeting last month. Anticipating a crush of early Black...
...Department of Culture could hire administrative staffers and full-time workers in addition to putting the unemployed of the arts sector back on their feet and working for a common purpose. Some might argue that financing artists should be low on our priority totem pole. But artists are taxpayers, rent-payers, and consumers—just like everyone else. This country has 100,000 nonprofit arts groups, which employ some six million people and contribute $167 billion to the economy per year. Of course, in the long term we could use more engineers and science teachers, but right...
Sometime on Nov. 3, the supercooled magnets in sector 81 of the Large Hadron Collider (LHC), outside Geneva, began to dangerously overheat. Scientists rushed to diagnose the problem, since the particle accelerator has to maintain a temperature colder than deep space in order to work. The culprit? "A bit of baguette," says Mike Lamont of the control center of CERN, the European Organization for Nuclear Research, which built and maintains the LHC. Apparently, a passing bird may have dropped the chunk of bread on an electrical substation above the accelerator, causing a power cut. The baguette was removed, power...
...annual Harvard MBA Indicator, compiled by financial consultant and HBS graduate Ray Soifer, advises investors to sell when 30 percent or more of the Business School class enters finance and encourages investors to buy if 10 percent or fewer enter the sector...
...campus recruiting by finance companies was noticeably down this year, and firms in the sector have made fewer offers to students they employed over the summer, according to Kierstead...