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Are You Paying too Much for Insurance?

Are You Paying too Much for Insurance?

We should always pay attention to our expenses, especially in an economic downturn. Now more than ever, it is important that we cut our own personal costs and save money. One of those places to cut is in the monthly bills. It is extremely common …

International travel declines by 8 percent

Across the country, places that depend on tourist income are hurting and it’s due to the lack of international travelers coming to their cities.
“Our hotel thrives on international visitors, especially when the domestic market is down,” said Joan Scicchitano, senior sales manager for the 626-room …

AIG exec chooses unorthodox way to resign

Jake DeSantis, an executive vice president at AIG’s Financial Products division turned in his resignation letter today after being one of the company’s executives to receive a bonus worth over $740,000 after taxes.
It’s fine that he resigned, after all, it will likely take some of …

Why FedEx, and others, shouldn’t cut their marketing budgets

FedEx pulled out of the SuperBowl this year, and in a blog, Mike Glenn, FedEx executive vice president for market development, disclosed that the marketing budget has been reduced by 25%.
Again, I’m sitting in a very condensed 2-week intersession class about advertising and promotion. The …

Tipping is also being influenced by the recession

In a report from Reuters, it is discovered that the recent economic downturn has led to fewer tips for those whose salaries rely on them.
In some cases, waiters and waitresses are making half of what they normally made.
I have also been to a restaurant recently …