Word: boom
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Dates: during 1990-1999
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Fortunately for him, America during the post-Civil War boom of the 1870s was famished for faster and more reliable ways of doing business. An improvement Edison made in the stock ticker eventually earned him $40,000, a considerable sum at the time. He used this windfall to set up and staff a shop in Newark, N.J., to manufacture these tickers. But other companies began besieging Edison for technical advice, and in 1876 he moved his operation to Menlo Park and created the world's first industrial-research facility, a humming workplace dedicated to improving or creating new products...
This year it has always been a perfect night for a launch party. This year it's as if "ideagetthemoneyhireaCEOlaunchpartyIPO" has become one big, fast millennial screech. Companies that barely existed a year ago are publicly traded, their founders ungodly wealthy. Some argue the world has entered a long boom, a kind of economic speed loop, where the centrifugal force spins off nothing but wealth and happiness. And launch parties. So up and off an elevator you go, melting into an unimaginably beautiful crowd. Every woman looks like a model; every man looks, well, Italian. This is an Internet party...
...doing. We stop. Esteban, sighing loudly, takes my place, and then I'm pushing. Down the road, and before long we're out of the town and into the dark fields. The road is red from the taillights and slippery and I can't get a grip, but then boom, Esteban pops the clutch and the Subaru whinnies and I get in while it's moving and we're off, Esteban at the wheel. Like a getaway car! In a minute Esteban's doing 80 m.p.h. He's veering on and off the road. "ˇFlojo! ˇFlojo!" Marisa...
According to PSLM members, their actions reflect a universal fear that some Americans will be left behind in the current economic boom...
...sell PCS. As for the underperforming, oversize stores on the West Coast, Miller insists he will rejuvenate, not unload them. Wall Street announced a measure of approval: Rite Aid stock closed at $11.50, up about $3 for the week. And with baby boomers and senior citizens fueling a boom in prescription drugs, Miller is confident he can cure Rite Aid's ills: "This is the fastest growing sector in retail." Now if he can just impose some financial discipline, he might be able to keep pace with...