Word: sold
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Dates: during 2000-2009
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Adding insult to injury, Chrysler finished a distant sixth place in overall sales for the month, behind even the younger South Korean brands, Hyundai and Kia, which don't report their sales figure jointly, even though they are owned by the same company. When combined, the two Korean brands sold more than 100,000 vehicles in August, finishing ahead of Chrysler in monthly sales for the first time. (See the 50 worst cars of all time...
...variety of products across many different price ranges—and unlike the readily affordable fleeces and T-shirts that are peddled at the Coop, the new Harvard Yard line won’t even bear Harvard’s insignia. Nor is this the first time Harvard has sold its naming rights to clothing companies on the higher end of the price spectrum: Just check out the Coop’s Ralph Lauren section for confirmation. By licensing Harvard Yard, the university is doing what it can to support financial aid—which runs directly counter...
...should hardly be a surprise that the iPhone is coming to China. Apple Inc.'s iconic mobile device is manufactured here, and an estimated 2 million have already been sold on the gray market on the mainland. But a deal announced on Aug. 28 by China Unicom, the country's second largest mobile service provider, will make the phone available to hundreds of millions of mainland consumers, opening a huge new market to Apple. China now has nearly 700 million mobile phones in use, almost as many as the next two largest mobile-phone nations - India and the U.S. - combined...
...another example take, well, Dean Baker. He and his wife sold their condo in Washington in the spring of 2004 and started renting. The cost of a house relative to a typical apartment rent had doubled in four years - you didn't have to be an economist to notice. That spread has narrowed substantially, but by Baker's calculations, there's more to go. Yet that didn't stop him from buying a couple of months ago. "We got an interest rate at the absolute bottom," he says, "and we wanted outdoor space...
...risks but also its chief risk watchdog. He has a far different perspective from that of most of the previous Goldman bosses. In December 2006, Viniar led a meeting of senior Goldman executives to examine ongoing daily losses in the firm's mortgage portfolio. Goldman had already underwritten and sold billions of dollars' worth of mortgage-backed securities, much of it labeled investment grade by ratings agencies. It was, in fact, junk. But Goldman realized earlier than most that rot was setting in and famously decided to pull back from the mortgage market. The firm then shorted various mortgage-securities...