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Surprisingly, Sun's resurgence appears to be based not only on the boring stuff of lay-offs and cost-cutting, but also on a vigorous plan to grow in an industry that is supposedly stagnant.
ECONOMIST: Sun Microsystems
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In a bid to maintain operational efficiency, the company is undertaking several cost cutting measures including a number of lay-offs.
FORBES: Bank Of America Riding Through The Storm To $11 Stock Price
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Vestas also said they plan on cutting a further 3, 000 jobs, having already made a series of lay-offs across the United States over the past few months.
FORBES: A Cold Gust for Wind Energy? Short Bets Rise On Vestas
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But, according to Becker, cost-cutting opportunities would be limited since it is hard to lay people off in the home market of both banks.
FORBES: A Not-So-Grand Allianz
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Most of all, the prime minister tried to lay out how the compassionate conservatism he espoused in opposition relates to the deficit-cutting and often painful transformation of the welfare state that have characterised his term so far.
ECONOMIST: Bagehot