Word: year-end
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...drama, starring George Clooney as a charming, rootless management consultant who flies around the country firing people, was deemed a front runner for the Best Picture Oscar after its premieres at the Telluride and Toronto film festivals. The National Board of Review, the first big group to announce its year-end awards, showered Up in the Air with four major laurels: best film, actor (Clooney), supporting actress (Anna Kendrick) and adapted screenplay. The picture, which comes to your neighborhood on Christmas Day, nudged two other Clooney movies, Fantastic Mr. Fox and The Men Who Stare at Goats...
...Department of Education, sensitive to such criticisms as well as to the years-long frustration with No Child Left Behind's focus on testing, is hoping to use turnarounds to place the focus more on "growth models," in which the most important measurement is not a single year's test score but rather whether students are improving from year to year. (Currently, NCLB requires states to simply take a snapshot of students based on their year-end standardized test scores, as opposed to tracking advancement over time...
...corporations in the recovery. All that red ink could turn out to be a little-noticed boon for corporate bottom lines. That's because companies are allowed to record a tax credit for current losses in order to lower their tax bill when they return to profitability. (See six year-end tax tips...
...into the comatose housing sector and that its extension is critical. "Failure to act now could derail the fragile housing recovery even before it has time to take root, " said Jerry Howard, president and chief executive of the National Association of Home Builders, in a recent statement. (See six year-end tax tips...
...Many people have praised him for his emphasis on long-term compensation. But a number of pay consultants say Feinberg might have gone too far in curbing year-end bonuses. "It is fair to say that some of the pay schemes promoted bad behavior and led to excessive risk, but you still need some sort of short-term incentive," says top-pay consultant Don Delves. "People do stuff for money, and they tend to be more motivated by money they can get in the next year [than by] money they may not see for three or five years...