Word: budgeting
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...around $1.2 billion. BMW will certainly be happy to see Rolls generating profits, but they won't much affect the bottom line. But owning Rolls-Royce gives BMW some intangible benefits: prestige and bragging rights. It proves it can sell cars that sweep the breadth of the market, from budget to budget-busting. To be sure, if the world's economy sputters and all car sales go off a cliff, and if BMW's profits were to take a major hit, "Rolls-Royce would probably be the first thing to go," Rhys says. But for now, like that iconic spirit...
...extended dining hours. Apparently, Harvard University Dining Services (HUDS) was able to make this decision because it derives profits from its “retail operations.” This begs the question, why should a university dining service be extracting profits from those who already pay its operating budget? As its name implies, HUDS is not a corporation, but a service. “Profits,” if there are any, should go toward the interests of the community it serves. Though I wouldn’t expect too much from a university dining service that employs...
...CONVENIENTE? Getting to the U.S. border got easier for Mexicans with the help of low-budget Mexican airlines dubbed "Aeromigrante" (Migrant Air) by some travelers...
...Trans-Texas Corridor and collect tolls on it for 50 years. In 2006 Indiana signed a 75-year lease for the 157-mile (253 km) Indiana Toll Road in exchange for $3.8 billion, funding the state's transportation needs for the next decade--and grabbing the attention of other budget-conscious states. "It was an earthquake in transportation," says Bob Poole, director of transportation studies at the Reason Foundation, a think tank...
...ultimately never once vetoed a Republican spending bill even though the vast majority included funding levels far larger than he requested. "There is, of course, an irony about a President who let through all kinds of appropriations that were far above his proposals through, suddenly itching to use the budget veto,"said Clyde Wilcox, a government professor at Georgetown University...