Word: budgeting
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...even larger 17%, to 343,000. Now energy companies are sure to pull back. And that could make the nation's economic recession even worse, taking job losses to areas that had so far dodged the downturn. Denver-based Delta Petroleum said it planned to cut its capital budget in half next year. Other companies are not waiting until next year. Matthew Simmons, who heads Simmons & Co., an investment-banking firm focused on energy companies, says he has been surprised at how fast firms have begun to cut exploration. He has already heard of a number of drilling projects that...
Flores’ work as the chair of the UC’s Finance Committee contributed to the Dems’ preference for her ticket, Lam said yesterday. The Dems president credited Flores’ leadership with allowing the UC to achieve a budget surplus last year...
...need for budget reductions could have particular impact on employee salaries and benefits, which make up half of the University’s costs, according to yesterday’s letter...
While the schools struggle to budget for this new development, Harvard’s money managers plan to increase the University’s financial flexibility by upping cash holdings and reducing the amount of risk in the endowment portfolio...
...true that shoppers intend to spend a larger share of their holiday dollars online this year, with 36% of consumers saying they will spend half their shopping budget on the Web, up from 32% last year, according to a Nielsen Online survey. But overall budgets have shrunk, as tapped-out consumers have grown increasingly anxious about the economy. As a result, people are trading down in the stores they frequent and the number of items they buy. Case in point: the most popular product seen on BlackFriday.info's shopping lists was Wal-Mart's Batman and Spider-Man pajama sets...