Word: toughs
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...Selling computers is a tough business at the best of times. These are the worst of times - global computer sales slumped nearly 7% in the first quarter of 2009. But PC maker Acer has bucked the trend. According to research firm IDC, Acer's PC shipments rose 10% in the first quarter of 2009 from the same period a year earlier, lifting Acer's global market share to 11.9%, up from 10.1% the year before. In notebook computers - Acer's speciality - the company claimed 17% of the world market in the first quarter, enough to make it the world...
...while figures such as Geldolf and Bono continue to try to shame the wealthy of the world into giving to the poorest, some tough economic realities are likely to intervene when the eight richest leaders converge in Italy to crunch the numbers for African...
...Senate on Thursday struck the most devastating legislative blow in history to Big Tobacco, giving the Food and Drug Administration (FDA) authority over the industry. The new bill, which passed in the House in April, includes tough new restrictions on advertising like allowing only black-and-white text ads in magazines with substantial youth readerships, mandates that manufacturers prove or stop using claims like "light" and "low tar," bans flavored cigarettes (except menthol) and makes provisions for large, graphic warning labels. So why, then, is tobacco giant Philip Morris, unlike its industry brethren, celebrating the unprecedented oversight...
...England Consulting Group. "When Lee Iacocca had trouble, he took a very offensive and aggressive stance: 'We build better cars; go ahead and try us.' " He thinks GM should show less regret and more grit. "Americans love the fallen hero who has struggled but is now doing it tough and spending extra time in the batting cage," he says. In the new GM ad, the felled goalie stays felled. (See the best and worst Super Bowl commercials...
...shortly after the University asked the Law School to cut 10 percent from its operating budget in order to cope with a precipitous fall in Harvard's endowment. And though much of the budget for the coming fiscal year will have been written by Jackson, the acting dean, tough economic times are likely to continue, and Harvard has said support from the endowment will fall still further in the following fiscal year...