Word: whether
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...Whether more people are partying at home to save some dough, or flocking to Dollar Tree from other stores for cheap supplies, Dollar Tree, based in Chesapeake, Va., loves the fiesta. The chain, which operates about 3,700 stores in 48 states, saw its profits rise 51%, to $56.9 million, for the quarter that ended Aug. 1. In a depressed retail environment, same-store sales jumped 6.8% for the quarter; the retailer's shares have risen over 40% since mid-February. "For us, the world is our oyster," Gary Philbin, Dollar Tree's COO, said at a recent analyst presentation...
...slowdown on the world's assembly lines is a normal part of any recession. As demand shrinks, so must production. But now that the recession is easing, there is considerable debate among economists about whether manufacturers will be rehiring workers and restarting assembly lines anytime soon. Despite aggressive downsizing by industries like auto manufacturing over the past 18 months, there are fears that the world remains stuck with so much excess production capacity that any recovery will be anemic, plagued by deflationary pressures, high unemployment and ailing bank-loan portfolios. "Unless we deal with the excess capacity situation, we will...
...Minding the gap isn't merely an academic exercise. Excess capacity directly affects the biggest question facing policymakers today: when to exit from stimulus programs that were introduced to combat the recession. Everyone agrees the cure for excess capacity is increasing demand, whether it is generated through a fundamentally strengthening economy or through artificial means like "Cash for Clunkers" measures. Turn off the tap too quickly before normal demand recovers, and the downturn could persist. "The best way of reducing excess capacity is by not prematurely unwinding stimulus spending," Lin of the World Bank told TIME...
...Wall Street but failed to put stricter measures in place to regulate the unbridled greed and corruption that caused this mess in the first place. His advisors now say that closing Guantánamo won’t be so easy, and we still don’t know whether his Justice Department will actually prosecute Bush-era officials who treated the Constitution like toilet paper. Last week, things got so bad that the president couldn’t even bring the Olympics back home...
...Ariel was truly a person committed to improving our world; whether from an environmental, aesthetic, or political perspective, she worked to bring sustained beauty into our lives," Harris wrote. "Her infectious smile and wry wit enlivened any conversation, and this, added to her fierce loyalty to her friends, teammates, and the broader Cabot community, made her a true delight to be with. We will miss her in incalculable ways...