Word: shifting
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...would like to see Washington encourage this trend. "There needs to be a shift of mortgage risk back into the banking industry," he says. "There's risk--it's not gonna go away--but we need to have it in banks." The banks and thrifts have natural incentives to ferret out and manage credit risk. They're also in a better position than dispersed mortgage markets to restructure troubled loans. And it looks as if the regulators who oversee them may have learned from experience how to prevent financial crises rather than cause them...
Boeing is planning to shift the emphasis on speed to the production line. It took a page from lean manufacturing to help manage its restructured partner base and outsourcing of parts. The company has pushed outsourcing to new levels, about 70% of the aircraft. (Boeing and Airbus both averaged about 50% on previous jets.) The change in supply management has increased competition among suppliers and subcontractors, which will allow Boeing to speed up final assembly of the 787. The goal is three days, in contrast to 14 days for the 777. Boeing hopes to produce up to 16 aircraft...
While the game-date shift placated those upset over the conflict with Yom Kippur, Harvard is still struggling to please neighbors who accuse the University of failing to address community concerns about the night game...
...transport, "serious negotiations were done." Ahead of BA's move next year into the new $8.5 billion Heathrow Terminal 5, the airline persuaded thousands of ground staff to agree to change their practices. So, while an aircraft tug driver used to leave work before the end of his shift if he had completed his list of tasks, staff at the new terminal will return to their base after each individual job before being assigned another. Such deals, Walsh says, are "evidence of securing agreement without hassle, without friction...
...billion in income tax cuts opponents say benefit the wealthy, and the limited revenues sluggish growth with produce. To compensate for those shortfalls, Sarkozy is considering introduction of a "social value added tax" on top of the nearly 20% VAT already in place. Opponents say that will not only shift the brunt of France's tax burden away from high income earners to consumers, but also sap spending set to plunge when prices on most foods are expected to spike this autumn due to grain shortages...