Word: slash
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Dates: during 2000-2009
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With its eye on cost, the Food and Drug Administration last week took testimony on whether to require makers of the blockbuster allergy drugs Claritin, Allegra and Zyrtec to sell the products over the counter, a move that would slash their prices. An FDA advisory panel ruled that the drugs were safe enough to be sold without prescription. While the FDA is not required to follow the panel's advice, it has usually done so. A switch to over-the-counter sales would benefit uninsured buyers--as well as insurers, such as the California managed-care giant WellPoint Health Networks...
...This view did not prevail in internal White House strategy sessions and, given what Bush said in his speech today, we can see why. The slash-and-burn approach was exactly what Bush spoke out against. "Just as we need a new tone in Washington," said the President, "we also need a new tone in discussing energy and the environment; one that is less suspicious, less punitive, less rancorous. We've yelled at each other enough. Now it's time to listen to each other...
...helicopters and fighter planes when the primary threat to the nation's security is AIDS. But South Africa continues to earn high praise from the International Monetary Fund (IMF) and the Western financial community for its fiscal discipline. It has earned that positive image among investors in part through slashing its budget deficit by more than two thirds over the past six years - and pouring billions of dollars into the public health system is not exactly fiscally disciplined behavior. Today's economic orthodoxy - embraced as fervently by conservatives (both compassionate and callous), New Democrats, "Third Way" socialists and reconstructed Third...
...Public company based in Walldorf, Germany CEO: Hasso Plattner and Henning Kagermann What it does: Designs and implements efficiency-building software solutions that slash costs and give managers control over global empires by consolidating a company's operations, from order taking to production and accounting Why it is hot: SAP's product range is broad and its focus on e-business helped the company report a 29% increase to $1.4 billion in the first quarter over the same period last year www.sap.com
...plan will slash first year class sizes by almost half; instead of being divided into 4 sections of 140 students, the approximately 550 first year students will now have 7 sections of 80. HLS must therefore raise money to hire 15 new faculty members at a cost of $75 million, five of whom will teach first year students...