Word: facedness
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Until then, Peoria seemed to have been coping with the recession. The region's unemployment rate had risen only modestly, from 4.5% to 6.2%, between November 2007 and November 2008. Home sales had fallen slightly, but far less than the state's average. So news of Caterpillar's crisis landed...
Melton faced mounting political pressure too. In 2004, voters in California approved a measure providing $3 billion in state funding to embryonic-stem-cell research. That threatened to draw scientists in the stem-cell community west, and Melton took pains to foster a "band of brothers" mentality. "I tried to...
Moving the organizational mountain in a radically different, horizontal direction is not easy, regardless of benefit. Fear of change and widespread initiative fatigue make the status quo very seductive. When Paul Michaels became president of Mars Inc. in 2004, he knew that the company needed to achieve far greater growth...
Moreover, there is a strong geopolitical argument for dropping the embargo: the re-emergence of the Russian Federation as a global power. Russia’s prime minister, Vladimir Putin, has made restoring a close strategic relationship with Cuba a priority in Moscow. This alone should be more than enough...
Despite this year’s budgetary shortfall, committee member Alfred B. Fantini said the committee has faced tougher budget situations in the past.