Word: bell
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...have already gone through several previous rounds of layoffs and are earning solid profits. AT&T qualifies on both counts. It has been bouncing people at an average rate of around 900 a month since 1984, when an antitrust decree forced it to get rid of its seven "Baby Bell" regional phone companies. Not entirely by coincidence, it earned $4.7 billion in 1994 and $2.8 billion in the first nine months of 1995. (A write-off against fourth-quarter earnings of $4 billion after taxes for severance pay and related costs, however, may wipe out most of its earnings...
...will need a much smaller headquarters staff after the split-up than it did when it was coordinating a vastly larger company, a case of past downsizing prompting more downsizing. Also, changes in federal and state telecommunications laws are likely to touch off fierce new competition among Ma Bell and her children, the Baby Bells. The Baby Bells could invade AT&T's long-distance business; AT&T can counterattack by muscling into the Baby Bells' local markets and also by offering cellular services and, later, portable wireless phones. Analysts think both Ma and kids will have to cut prices...
...becoming the Bell Labs of politics," he once declared. "The first thing you need at Bell Labs is a Thomas Edison, and the second thing you need is a real understanding of how you go from scientific theory to a marketable product." Divisive issues such as abortion were explicitly avoided; the focus was on strategy, not philosophy. Gingrich taught his acolytes "our rhythm and style," how to use his serrated language to cut their opponents; Democrats were to be described as traitors and with such adjectives as sick, corrupt and bizarre. Gingrich eventually became such a cult figure among young...
...lift themselves out of poverty. Democrats warn that, with caps and limits, the poor will be devastated. Counters Besharov: "Do a lot of states have Governors who want mothers sleeping on grates? No." Could it be that giving the poor less is a way of giving them more? Daniel Bell, professor emeritus of sociology at Harvard, speaks for the skeptics: "These things have real cultural roots. They take generational time to solve. The notion of taking the poor off welfare as a sort of cold bath is nonsense. I'm not arguing for the current situation. No one would...
Dyson is one of a group of contemporary black writers, including bell hooks, Cornel West and Derrick Bell, who are forging what might be called a new canon of inclusion. While celebrating black identity, Dyson seeks connections with other minority groups, such as feminists, gays and Latinos. The O.J. Simpson trial was seen by many as a symbol of racial strife; Dyson sees some hope. "Its major players are a virtual rainbow of color, gender, ethnicity, and class," he says. "Judge Lance Ito is Asian-American. Johnnie Cochran is African-American. Marcia Clark is a white woman. And Robert Shapiro...