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...prohibition is a huge setback for the polygraph industry, which is expected to lose about 85% of its $100 million in annual revenues. But the new law is a boon for firms that offer two other character tests: pencil-and-paper quizzes and graphology, or handwriting analysis. Says Eric Zorn, senior vice president of the Jamesway discount-store chain: "I'm very unhappy about the new law, but I'm thankful we can still use written tests...

Author: /time Magazine | Title: Honestly, Can We Trust You? Employers seek an integrity test | 1/23/1989 | See Source »

...biggest telephone contract in history: to replace the cranky, 25-year-old federal long-distance telephone system with a modern, fiber-optic system that would be capable of transmitting not only conversations and data but also video images. The deal, which is worth upwards of $25 billion, was a boon for AT&T. The company recently projected an annual loss for this year of up to $1.7 billion -- its first in more than 100 years. For struggling Sprint, the contract was a godsend...

Author: /time Magazine | Title: TELECOMMUNICATIONS: Ma Bell Gets a Call | 12/19/1988 | See Source »

Leveraged buyouts seemed like a small-time, unglamorous financial gimmick when KKR began hawking them on Wall Street in the mid-1970s. But the arrangements were an immediate hit with managers who saw the wisdom of taking their companies private to escape corporate raiders. LBOs were also a boon to promising firms that wanted to grow outside Wall Street's harsh spotlight...

Author: /time Magazine | Title: Where's the Limit? Ross Johnson and the RJR Nabisco Takeover Battle | 12/5/1988 | See Source »

...many professors, in particular the department heads who Spence has enlisted in his agenda for change, view the new system as a boon to their departments...

Author: By Susan B. Glasser, | Title: Faculty Moves Away From Power Politics | 11/10/1988 | See Source »

...restaurants prepare their own desserts, which is a boon to suppliers like Just Desserts, the San Francisco bakery. In addition to running four retail shops, it services 550 restaurants. Its best sellers: chocolate sour- cream fudge cake, apple pie and carrot cake. In five years the business's butter consumption has jumped from 3,000 lbs. a week to 7,000, while its weekly flour order has doubled from...

Author: /time Magazine | Title: Food: Let Them Eat Cake! | 11/7/1988 | See Source »

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