Word: short-term
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...improved service. "The fear is that in a large-scale merger, the resources of the newly-formed company will be so great that it can engage in predatory pricing that will force competitors out of business," says TIME's Bernard Baumohl. "Consumers can enjoy lower prices in the short-term, but prices are likely to go back up once the competition has been wiped out." As a condition of approval, the board ruled that the newly formed company, UP-FP, must open up 4000 of its 35,000 miles of track to competitors. which will be available as of July...
...about $1.06 per share for the second quarter, but that number is now expected to be below 80 cents, before applying the $475 million restructuring charge. TIME's Philip Elmer-DeWitt reports that Digital's woes do not signify a trend in the industry. "Digital's unhealthiness predates any short-term weaknesses in the PC business," Elmer-DeWitt reports. "The rise of smaller, more powerful microcomputers has reduced the demand for minicomputers. Digital has had to reinvent itself to move toward the PC and Internet business." Elmer-DeWitt says Digital has already made some inroads into the Internet business with...
...establishment of several long-range committees. The University and the union will have new vehicles to explore seniority and how it should be applied in selecting workers for summer jobs; the overlap between the benefits offered for sick days and for short-term disabilities; and work rules, with the aim of fostering cooperation and making sure that the dining halls keep pace with technological advancements...
With some of its projects, including its Indonesian study, HIID has enjoyed the long-term support of the government and has helped to promote renewal in the nation. In other places, however, shifting politics, often exacerbated by short-term economic difficulties, haa meant that much of HIID's advice goes unheeded, Romer says...
While the changes helped Kenya appear more attractive to foreign investors, netting it more foreign aid than it would have received otherwise, political changes precipitated by short-term difficulties caused the aid to be spent unwisely, Romer says...