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Some Goliaths have stumbled by getting hooked on growth and expanding far afield from their core business. Sears took its eye off retailing in the 1980s to venture into stocks and bonds and real estate. As Sears diversified, highly focused retailers ate its bread and butter. Wal-Mart offered low...

Author: /time Magazine | Title: Are America's Corporate Giants a Dying Breed? | 12/28/1992 | See Source »

The grace and thrills come on the field between April and October. All the other stuff was on display at the owners' winter meetings in Louisville, Kentucky, where baseball's barons went on a daft pre-Christmas shopping spree for talent -- including $43 million for six years of outfielder Barry...

Author: /time Magazine | Title: The Baseball Barons' Bread and Circuses | 12/21/1992 | See Source »

The club's revenues come from gifts, membershipdues and revenue from a series of low-riskinvestments. According to documents obtained byThe Crimson, the club holds stock in ninecompanies, including Coca-Cola and Time Warner,Inc., and bonds in six other corporations,including Revlon and Chiquita Brands.

Author: By Joe Mathews, CRIMSON STAFF WRITER | Title: Do All Athletic Teams Get Equal Support? | 12/14/1992 | See Source »

Musicians make Christmas albums for the same reason other people invest in municipal bonds: the expectation that a relatively simple investment will yield a steady income for years to come. Accordingly, each holiday season brings yet another wave of musical tidings from performers hoping to cash in. And they come...

Author: /time Magazine | Title: Sounds Of The Season | 11/30/1992 | See Source »

The band's continued ability to put a sharp point on its sentiments is evident on two other tracks: the relatively upbeat rocker Ignoreland, which backs up its political conviction with grinding, discordant guitars, and the sardonic Man on the Moon, in which Stipe for once breaks free of his...

Author: /time Magazine | Title: That Sinking Feeling | 11/23/1992 | See Source »

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