Word: managerized
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Banks are the backbone of Switzerland's economy, accounting for 12% of national GDP, and for decades they have been central to the Swiss view of themselves. But the past few months have not been good for the industry, and in particular UBS, which has been under a cloud since...
Down the street at the Red Bull, manager Jamie Burgess prepares to close up shop after a slow day. In the past year, three Crawford souvenir shops shut down for good. "We were the first ones to open and the last ones standing," she says with a laugh. For her...
For Shan, the trade could not have come at a better time. Shortly after the closing, she was laid off from her job as a project manager at a large communications firm. "This was a lifesaver for me," she says of the swap. "Now that I have a layoff package...
Over the top as she is, Orman's ubiquitous presence has become a sort of unofficial economic barometer: the worse things get, the harder she is to avoid. Her style seems almost intentionally annoying: she screams on camera, her blue eyes practically bugging out of her head. But she has...
In February, Governor Deval L. Patrick ’78 decreased state aid to Cambridge by $2.6 million for the current fiscal year, which ends in June. The loss of funds is small compared to the city’s overall budget of $434 million. But, combined with the fact...