In a sense, however, the fact that states and districts are laying off teachers and cutting pre-K and other programs is itself a form of policy choice.

FORBES: Should Public Schools Replicate KIPP��s Long Hours?

Geoffrey Dicks of Royal Bank of Scotland said that retailers had refrained from cutting prices in the pre-Christmas rush.

BBC: UK inflation rises

In 2012 sales dipped 2.5%, but with some rigorous cost-cutting the company has managed to post a 12% jump in pre-tax profit.

CNN: SHARE THIS

MPs discussed the issue of pre-charge detention which the coalition has committed to cutting to 14 days.

BBC: Protection of Freedoms Bill clears the Commons

Even before it had time to implement its price cutting strategy, its rivals launched a pre-emptive series of price promotions of their own.

BBC: Sainsbury profits slump

The utility pre-emptively shut down six electrical switching stations Monday as a precaution against flooding, cutting power to 500, 000 residents, Ms. Muzikar said.

WSJ: Power Outages May Last Over a Week