Sentences with phrase «for years of cuts»

Mayor Bloomberg's proposed education budget for next year does almost nothing to make up for years of cuts to programs and staff, even though the state increased school funding to city schools next year by more than 4 percent, UFT Vice President Karen Alford testified at a City Council Education Committee hearing on March 21.

Not exact matches

Meanwhile, it was a stomach - churning roller coaster ride for stock holders who watched their investment cut in half from the start of the year to the summer, before rebounding in the fall.
Don't cut corners, but look for one new way to cut your costs at the beginning of the year.
While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.
As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase in US earnings growth that almost guarantees a peak rate of change by 3Q.»
Future spending cuts will include additional pension cuts and tax increases for Greeks, already hit by seven years of harsh cuts.
Twenty years ago, Canadian goods accounted for 2 % of Asian imports, but by 2013 Canada's share had been cut in half, even with its surge in natural resources exports to Asia.
Earlier this year, for example, it launched a program in which more than 420 of its most active and influential community members sell products to their friends and followers; in turn, they receive a cut of the profits, as well as rewards that include sneak previews of products and trips to New York to visit Glossier and have dinner with Weiss.
Global stocks have rallied on promises of large investments in infrastructure and tax cuts in the U.S., but markets are now set for a sharp correction in the second part of this year.
And some of those decades - old products are cutting edge compared with drywall, which has been made roughly the same way for 115 years.
Kenney spent most of last year driving cutting - edge brand marketing campaigns for Brooklyn, New York - based über - brand MakerBot, including the wildly successful #Robohand video that documented how MakerBot users developed prosthetic hands for disabled children.
The Bush tax cuts were due to expire at the end of 2010, but Obama and Congress agreed to extend them for two years to prevent damage to the economy.
Walmart has its work cut out for itself: the number of unique visitors to its mobile app rose 20 % year over year in October, but Amazon's rose 64 % to 49 million during that period.
Above all, the analysts were interested in the future of the Roll Up the Rim customer loyalty program, which cut into sales this year after odds for prize payouts were increased to 1 in 6 to celebrate the promotion's 25th anniversary.
Mogo signed a deal with Postmedia Network Canada (TSX: PNC - B) in January that will see the media company provide $ 50 million in advertising space in its newspapers and digital properties over three years in exchange for a cut of Mogo's revenue.
Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply - chain companies that «increasingly point [ed] to weakness.»
Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this year — and that's after a $ 100 million pay cut.
The original Hadoop remained an active toy for Cutting's son for years, the entrepreneur was always mindful of the yellow elephant's potential as a brand name.
Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply chain companies that «increasingly point [ed] to weakness.»
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.
But it hasn't been all smooth sailing for the internet culture king; Huh cut about 35 percent of its staff (24 employees) earlier this year amid lagging ad revenue as audiences have begun to favor mobile over desktop.
The non-partisan Tax Policy Center has analyzed both candidates» tax plans and concluded that Trump's will cut personal taxes for everyone, with the very top earners — more than $ 699,000 a year — seeing average annual tax reductions of about $ 215,000.
For fiscal 2014, Hitachi delivered an operating profit of 600.4 billion yen ($ 4.89 billion), its second year of record - breaking profit, on the back of cost - cutting, alongside strong demand for its lifts in China, as well as robust sales of auto parts and electronics producFor fiscal 2014, Hitachi delivered an operating profit of 600.4 billion yen ($ 4.89 billion), its second year of record - breaking profit, on the back of cost - cutting, alongside strong demand for its lifts in China, as well as robust sales of auto parts and electronics producfor its lifts in China, as well as robust sales of auto parts and electronics products.
Tax cuts, infrastructure spending and corporate cash repatriation should remain positive for U.S. markets over the next couple of years, but Rogers sees better opportunities internationally.
That a 15 - year - old girl would be targeted and shot by the Taliban, live to tell the tale and then continue to fight for the education of women in Pakistan is the kind of story that cuts through cultural and geographic boundaries.
Even Lego, which has posted years of growth, said in September that sales of its colorful bricks fell for the first time in 13 years, and announced plans to cut 1,400 jobs.
Timmer: Yeah, so last August which was a key inflection point for the market — because at that point, nobody was expecting tax cuts anymore and the 10 - year Treasury had fallen to 2 %, and the bond market which of course is always pricing in the potential future, was pricing in only one more rate hike over the subsequent two years.
Shares of the rental car giant are falling sharply on Tuesday after reporting soft earnings and cutting its profit outlook for the year
Reviewed by local regulators for almost a year, that local marriage was only step one for the Brahma boys, who saw an industry ripe for consolidation and initiated a strategy to improve margins by buying up brewers, eliminating duplicative operations, cutting excess suppliers, and other steps that formed today's beer market, which is fragmented by brand but consolidated in terms of ownership.
Dunkin' previously cut its outlook for the year in July, due to increased competition from fast - food rivals and the negative impact of high milk prices on Baskin - Robbins profits.
Trump hosted a series of meetings with advocates for the corn and oil industries at the White House since late last year aimed at reforming biofuels regulations in a way that cuts costs for refiners without reducing overall biofuels demand.
Instead of simply cutting a licensing deal with a venture capital firm, the 32 - year - old Cox turned to Indiegogo for crowdfunding.
The agreement aims to hold global warming to «well below» two degrees Celsius from the levels of the Industrial Revolution, and puts in place a system for tracking efforts to cut carbon emissions and report on progress every five years.
Earnings: Wall Street now expects S&P 500 earnings growth of 18.4 percent for the year, up from a 12 percent estimate on Jan. 1 as analysts account for an earnings boost from a corporate tax cut.
The end of the fiscal year on September 30 is the deadline for Congress to revoke or replace the second tranche of sequester cuts, set to kick in on October 1st and mandating another $ 17 billion worth of across - the - board spending reductions.
Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.
Every four years, the number of bitcoins released relative to the previous cycle gets cut in half, as does the reward to miners for discovering new blocks.
Pantera Capital, a hedge fund that gained attention for returning 25,000 percent over its lifetime through the end of last year, saw the value of its cryptocurrency fund cut nearly in half in March, according to an investor letter Tuesday.
What if oil stayed at just $ 60 a barrel for a few years, as the Bank of Canada assumed in January 2015 when it cut interest rates?
A united House Republican leadership surrendered crisply and cleanly on legislation to extend expiring payroll tax cuts for 160 million Americans, skipping most if not all of the self - defeating drama that accompanied their far noisier retreat on the issue late last year.
TOKYO, April 10 (Reuters)- Mitsubishi UFJ Financial Group (MUFG) plans to book a charge of 50 billion yen ($ 470 million) for the year ended March, as it closes or merges unprofitable domestic branches to cut costs, two people with knowledge of the matter told Reuters.
Disney CEO Bob Iger spent much of his time on the earnings call talking about ESPN, and about how he doesn't see much impact from cord cutting for at least the next five years or so — an estimate that at least some analysts think is absurdly optimistic.
Shares in the online travel services company are being marked down sharply Friday after a bleak earnings report that fell short of consensus forecasts and led the company to cut its own forecast for earnings this year.
Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.
COPENHAGEN, Oct 12 - Danish wind turbine maker Vestas said the impending expiry of a U.S. tax credit had exacerbated a fall in orders for next year, forcing it to make more than 800 job cuts in the United States and Canada so far this year.
As General Cable's stock price plummeted last year, the company announced job cuts for 7 % of its workforce as part of an ongoing restructuring.
As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.
Less than a year later, after a bad quarter, the company cut off funding for most of the initiatives.
The companies aim to have cut a combined 10,000 staff and contractor jobs by the end of this year and Shell said on Wednesday it could further cut combined capital investments below the $ 33 billion targeted for 2016.
So the pre-election Republican position, backed by allies such as the Chamber of Commerce, to extend all of the tax cuts and postpone all of the spending cuts until the leaders work out a deal is not likely to win over many Democrats, who seem more inclined to let the tax cuts expire and start from scratch next year, presumably making it harder for Republicans to resist.
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