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...Policy. In congressional testimony on March 2, he made the case that as the demand for loans from creditworthy borrowers picks back up, there might not be enough lending to go around. Part of that has to do with many small banks' capital constraints - money they would lend is still tied up in those real estate loans. Just as important, though, other places business owners have looked to for funding in recent years, like home-equity loans and credit lines from nonbank finance companies like CIT, aren't likely to bounce back to their former glory anytime soon...
...Whatever the company's motivations, the quota is still an audacious move for Europe's biggest telecom group - part of recent efforts to shake off its old-fashioned image and revamp its operations for the 21st century. Women currently only occupy 12% of the management positions at Deutsche Telekom offices in Germany - and none of the positions on the eight-member executive committee. In order to recruit more women managers, the company says it plans to introduce more flexible working hours and part-time positions, as well as expand its parental leave schemes and child-care services. It has also...
...publicity for Ryanair," says John Strickland, a London-based aviation consultant. "EasyJet's position has changed. When it was born it was relatively cheeky as well. ... Now it's taking more of a sober approach. Stelios is not going to take O'Leary up on his sumo wrestling offer." Still, Strickland says, both companies are well aware that a healthy rivalry can be good for business: "It certainly raises the profiles of both companies." (Read a TIME story on Stelios...
While the ladies were not quite able to match the finish of the co-ed team, the women’s squad still opened up its spring campaign in solid fashion, taking fifth at the 27th Women’s Intersectional at Navy...
...victory was not easily wrought. This was Stupak's third scheduled press conference in two days; the other two were abruptly canceled. On Sunday morning Democratic leadership sources leaked to reporters that there was a deal, rumors Stupak quickly quashed, saying he was still looking at the language of an Executive Order negotiated with White House Counsel Bob Bauer. It was not till 4 p.m. that he spoke to the press about the deal. "In the end, like the [Catholic] bishops, I wish that we could have had statutory language," Stupak said. "But we only have 44 votes...