Word: stocked
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Dates: during 2000-2009
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...printing process is speedy and impressive. The copier rapidly spits out a thick stack of pages, which the machine then clamps, rotates, and binds with hot glue into a card-stock jacket. Two blades, regrettably obscured from view, thresh off the book’s edges until it is cut to size. Finally, the finished product is deposited, like a bottle of soda from a vending machine, into a compartment near the bottom. Apart from their unadorned covers, the books look and feel indistinguishable from those on the shelves...
...undecided on whether this technology means very much for booksellers, but the tepidness I saw in the other patrons made me doubt that it does. Even if the digital inventory expands far beyond the stock of out-of-copyright titles that the machine currently prints, I have to wonder whose book ownership needs are so extensive and obscure that they cannot be met by Amazon.com or the local bookstore. One answer, of course, is academics and bookworms—real constituencies, to be sure, but ones whose pent-up demand, alas, seems unlikely to revolutionize the business...
...enough electricity to power the equivalent of 3 million Chinese homes. To fulfill the huge demands, First Solar says it's considering building a solar-module manufacturing facility in the city to support the project. While financial details were not released, news of the deal caused First Solar's stock to jump 11% on the day of the announcement. "This major commitment to solar power is a direct result of the progressive energy policies being adopted in China to create a sustainable, long-term market for solar and a low-carbon future for China," First Solar CEO Mike Ahearn said...
Prosecutors in Manhattan said they broke up a major insider-trading ring, the largest ever centered in the hedge-fund industry. Raj Rajaratnam, a billionaire co-founder of the Galleon Group, and five others were arrested and charged with earning $20 million off stock trades on the basis of information unavailable to the public. Rajaratnam, whose firm manages $3.7 billion, allegedly relied on a broad network of sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation...
During the postwar boom, pay for U.S. CEOs remained fairly steady in real dollars until the 1970s. But under new tax policies, the 1980s saw the rise of stock options. Intended to tie executive pay to performance, they offered the potential for huge riches with little downside, encouraging risk-taking. In 1991, CEOs earned 140 times the average worker's pay. A 1993 attempt to cap compensation merely shifted more pay into options. By 2007 the median S&P 500 CEO earned in three hours what a minimum-wage worker pulled down in a year. And Great Recession...