Word: bottoms
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...bottom line is that better health care may not happen in the U.S. without better health-care information technology. Sooner or later all of us will probably be carrying around our medical history in a key-ring device or an ATM-type card or maybe even a surgically implanted chip. The benefits could be extraordinary. IBM sees opportunities to apply massive computing power to help doctors make diagnoses and treatment decisions. New standard practices could be communicated to doctors within months rather than 15 years, the current lag between discovery and practice. Pharmaceutical companies with access to anonymous health data...
...prices last year; in contrast, Southwest's hedging reduced its energy costs by $455 million, helping bump its 2004 earnings to $313 million. According to Vaughn Cordle of Airline Forecasts, oil would have to shoot past an average of $65.30 per bbl. this year to affect Southwest's bottom line--not a likely scenario. "You have to have foresight, wisdom and some courage to hedge," says Tammy Romo, Southwest's treasurer...
...Hatfield sounds defensive, it's understandable. Wal-Mart's passion for buying in China makes it an easy target back in the U.S. "Wal-Mart is both a beneficiary and a driver of the race to the bottom in the global economy," says Alejandra Domenzain, an associate director of Sweatshop Watch, a U.S. advocacy group. "It has enormous leverage, and how it uses that leverage in the pursuit of ever cheaper labor has enormous consequences for communities in the United States." But that may be less true now than it was 20 years ago. The production of most...
Forcing suppliers to stick to ethical standards isn't the only way Wal-Mart can be tough. The bottom line, after all, is what really counts. "We drive prices down," says Tsuei, but not, he insists, "to the point where factories are making losses. We're helping them become more efficient." Manufacturers have to meet rock-bottom costs plus quality and design standards in order to keep selling to Wal-Mart...
...theories of biodynamics, an early 20th century method of farming and maintaining vineyards. Some of the world's greatest winemakers (such as France's Nicolas Joly and Lalou Leroy) firmly believe that using biodynamic methods healed their soil and vines after years of chemical mistreatment. But the bottom line is that they think the methods provide tastier wines...