Found the headline pair of the year so far in the Best of the Web:

Business Advice From the New York Times

"Wal-Mart critics often note that corporations like Ford and G.M. led a race to the top, providing high wages and generous benefits that other companies emulated. They ask why Wal-Mart, with some $10 billion in profit on about $288 billion in revenue last year, cannot act similarly."--New York Times, May 4

"Standard & Poor's Ratings Services cut its corporate credit ratings to junk status for both General Motors Corp. (GM) and Ford Motor Co. (F). . . . The decision by one of the nation's most respected ratings agencies comes as the two iconic American automakers are losing market share at home to Asian automakers, seeing sales soften for their most profitable models and are facing enormous health care and post-retirement liabilities."--Associated Press, May 5

Posted by: Physics Geek at 02:16 PM | Comments (2) | Add Comment
Post contains 159 words, total size 1 kb.