Word: surplus
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Public-auction websites like eBay are doing a fire-sale business in surplus tech hardware. A new Cisco AS5300 access server with a recommended retail price of $50,000 was auctioned off for less than $2,500. Even busier these days is Virtual Chip Exchange, a private marketplace for 4,200 established buyers and sellers of computer chips and semiconductors in 40 countries. VCE is currently the planet's largest electronics B2B exchange, as rated by Jupiter Media Metrix. The privately held company reports that revenues rose past $37 million in the first quarter, up 238% from the same period...
...works is pretty simple: you sign up anonymously with your surplus silicon, set a minimum bid and wait for anonymous buyers anywhere in the world. Deals are done in a matter of minutes. The sold items go for quality control to VCE, which takes an average 9% commission. The sales price and parties' names are kept private (sparing further embarrassment to ceos like Chambers...
...Texas, however, finished a smooth transition to deregulation under Bush the governor and remains a self-sustaining energy powerhouse, running a consistent power surplus in these times of supposed scarcity. And look what sprouted up in the land of oil fields: On April 3, Green Mountain began offering customers "100 percent clean wind power" from a windmill farm in the Texas hills...
...attacked Pearl Harbor? Luckily, history knows similar dynamics but no determinism. Look how Washington and Beijing resolved the Hainan incident. Both knew that matters must not get out of hand, that neither player could be forced to slink away in humiliation. Add two numbers: China's $80 billion trade surplus with the U.S. and 54,000 Chinese students in America. Nobody else in the world will grant China such lavish access to wealth and knowledge, and Beijing knows...
...profit institution, Harvard has no obligation to return a surplus to its shareholders. Further, as an institution whose commitment has long extended beyond pure academics to include the betterment of its communities, at home and abroad, Harvard should provide a decent standard of living to its workers. The University’s current wage structure allows individuals to live in poverty despite long hours providing students and professors with essential services, and the expansion of benefits announced last May is no substitute for a living wage. We agree with the city of Cambridge and PSLM that a $10.25 an hour...