Word: surpassed
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...After all, Japan's own big three - Toyota, Honda and Nissan - have battled for decades to surpass once mighty GM, Ford and Chrysler. Now it would appear victory is at hand. Even if lawmakers bail out all three, the U.S. companies will require major restructuring that will leave them smaller and weaker, making it easier for their Asian rivals to gain market share both in the U.S. and globally. (See the 50 worst cars of all time...
...people start to become late on their payments, card companies can boost earnings through late fees and higher interest rates. Today, however, consumers are tapped out and defaults are ratcheting up. "With charge-offs rising so fast and beyond what was expected, the losses those cause will far surpass what companies were hoping to make up with by extra card fees and higher interest rates," says Nishikawa. Nonetheless, the industry keeps trying: on Thursday, embattled Citigroup announced that, in addition to 10,000 layoffs, it would impose higher interest rates on some of its 54 million cardholder accounts. Citigroup...
...Cardinals reveal Adams and the Cardinals as a cohesive unit. “Cardinology” will become a defining moment for Ryan Adams fans. The diehards may be disappointed as Adams takes a step in a new direction; for them, it will be hard for Adams to ever surpass the greatness of some of his earliest works. Face it, you can’t beat “Stranger’s Almanac,” “Heartbreaker,” or even “Gold.” But like any great artist, Adams knows...
...analysis by Goldman Sachs sounds a similarly somber tone. It suggests that the downturn is still in its incipient phase, and that job losses could surpass 2 million in 2009, with unemployment climbing to 8%. "As the economy slides into a deeper recession, it appears we are closer to the beginning of the labor market downturn than the end," wrote the study's co-author, economist Ed McKelvey. "We anticipate a sharper decline in employment in coming months." Reich also quotes 8% as a likely unemployment figure, though he notes that figure excludes job seekers who have given up searching...
...year with the grueling schedule.” Still, given Biega’s breakout performance at the start of last season—he was twice named the ECAC Rookie of the Week—Donato and the rest of the Crimson believes that their sophomore forward will surpass last year’s success, helping the Crimson go head-to-head with the ECAC’s most talented teams all season. Biega’s defining characteristic last season was his impact in games against ranked opponents. He tallied a pair of goals in December?...