Word: ameritech
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Dates: during 1990-1999
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...companies have already closed their vaults. General Motors, Monsanto, AlliedSignal and Ameritech swore off soft money in 1997 and have largely stuck to their decision. Wall Street buyout pioneer Jerome Kohlberg has formed an advocacy group that backs candidates who favor campaign-finance reform, and has assembled a cadre of retired corporate chieftains, plus mega-investor Warren Buffett, in support of the effort. "This is the first time a significant number of people in the business community have said enough is enough," says Charles Kolb, president of the Committee for Economic Development...
...problem with caller ID is that anyone can block it from revealing his number. Now phone company Ameritech in Chicago has a service called Privacy Manager that intercepts unidentifiable calls before the phone rings and prompts the caller to identify himself. If the caller refuses (as telemarketers are likely to do), the call disconnects. Otherwise, when it rings through, subscribers can listen to the recorded name and decide whether to take the call. Cost: $4 a month plus caller-ID fees...
...reaping many benefits. Instead, more employees are getting the ax because of the record number of billion-dollar mergers, according to a new report. In the past four months 13% of layoffs were merger related, and cost cutting hasn't even begun at giant proposed combinations like SBC and Ameritech. So it may be time to dust off that resume...
...region's soul lives within the sprawling orchards. But the festival's banners, posters and promotional material tell a different story. The event these days seems not so much a celebration of a cherished fruit as a paean to corporate America. Everywhere you go, you are reminded that "Ameritech presents the National Cherry Festival." Pontiac, Pepsi, American Airlines and A.1 steak sauce have attached themselves to the blossom. More than a third of the festival's $2.2 million budget is underwritten by some 60 corporations. The truth is, the festival hasn't been about cherries in decades--something that locals...
Some executives are going to school themselves to help teach--and help teachers teach--future employees. Doug Whitley, president of Ameritech Illinois, is chairman of the Education to Careers committee of the Mayor's Workforce Board in Chicago. It brings businessmen, teachers and administrators together to plan curriculums that will prepare students for the jobs employers need to fill. It also brings teachers into offices and plants to observe firsthand what their students need to learn. "You'd be amazed how ill prepared the schools were," says Whitley...