On Tuesday the Liberals launched a "Cost of Labor Calculator" app on its Facebook page.
It has launched a cost-cutting drive but insists it is not in crisis.However, the company that reinvented the circus by eschewing traditional acts such as lion tamers and bearded ladies, and by targeting adults rather than children, is certainly finding it tougher going these days.
There is unlikely to be further escalation, simply because these strategies have eroded too much of the companies' profit margins: mere days after announcing its best ever sales season in November, Sotheby's launched a cost-cutting scheme offering voluntary redundancy to staff.
But UAL's Tilton didn't win any sympathy from United's unions by taking a $3 million signing bonus last fall, just before launching a cost-cutting campaign aimed at cutting flights and jobs while extracting concessions from those who kept their jobs.
Pfizer, the world's largest drugmaker, on Tuesday forecast a 6% decline in earnings this year, as it launches a cost-cutting plan aimed at saving $4 billion by 2008 amid concerns over patent expirations and the safety of its popular painkiller Celebrex.
Pfizer, the world's largest drugmaker, on Tuesday forecast a 6% decline in earnings this year as it launches a cost-cutting plan aimed at saving $4 billion over the next four years amid struggles with patent expirations and safety concerns over its popular pain reliever Celebrex.
A rival pharmaceutical company has pledged to launch a "low-cost alternative" to Daraprim, which would cost less than $1 per pill.
The founder of easyGroup, the company that owns easyJet, is to launch a low-cost grocery business.
Now, however, he is out on parole, and says he will soon launch a low-cost space-tourism business using a Russian capsule.
(Previous rumours that Google would launch a low-cost personal computer proved to be unfounded).But Google seems to be up to something.
