Word: slash
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Dates: during 2000-2009
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...Nils Machemehl, energy analyst at investment bank M.M. Warburg in Hamburg. "And that would be the case here." Sounds great. But mergers have an odd way of not living up to their architects' expectations, and the energy sector is no exception. While Suez and GdF are aiming to slash annual costs by as much as €500 million, utility deals don't always make stockholders smile. After a study of almost 40 such transactions involving U.S. energy groups, Credit Suisse analyst Dan Eggers recently concluded that mergers "consistently destroy value." The utilities' obligation to pass on savings to consumers means...
...someone whose father has worked in a Ford plant for more than 25 years, I am truly disappointed by Ford's slash-and-burn plans to lay off as many as 30,000 employees. It's always the blue-collar workers who are first deemed expendable. But what Ford really needs to take a look at is its designs. My family has owned nothing but Ford and Lincoln vehicles since my father began working at Ford, but now even loyal consumers are looking elsewhere. Megan Norris Chicago...
Political tensions between Venezuela and the U.S. have been running high for years but now they?ve gone sky-high. Late Thursday, the government of left-wing President Hugo Chavez announced it would slash the number of flights to and from Venezuela offered by U.S. airlines-significantly trimming flights by American Airlines and banning those by Delta and Continental entirely. The policy goes into effect on March 30th...
...Mustang GT. It looks great in the garage next to the Taurus and the F-150 Ford truck. Bill Hughes Lynn Haven, Florida, U.S. As someone whose father has worked in a Ford plant for more than 25 years, I am truly disappointed by Ford's slash-and-burn plans to lay off as many as 30,000 employees. It's always the blue-collar workers who are first deemed expendable. But what Ford really needs to take a look at is its designs. My family has owned nothing but Ford and Lincoln vehicles since my father began working...
...Summers brought a vision to Harvard that put it in a position to continue to set the benchmark for American universities into the 21st century. Among Summers’ major accomplishments, he advocated the recruitment of disadvantaged, lower-income students, leading the Ivy League and other elite universities to slash expected parental contributions and make up the difference in scholarships and grants, an initiative I have seen succeed first-hand as an alumni interviewer for Harvard. Further, it was during Summers’ tenure that the expansive curricular review began, a much needed initiative to strengthen scientific literacy among undergraduates...