Word: businessâ
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...would follow. Of course, nothing will be handed over to them until they are ready, and by that time they will be grown up like us, and changed like us, who supposedly fight for their benefit. For the moment their power is purely potential. So they go about their business???riding bikes, playing ball, dreaming, doing what they are told, and watching with great care all that is being done for them...
...business???especially those industries, such as electronics and computers, that are expanding rapidly in a generally lackluster economy. This would both weaken the nation's global competitive position and cause inflationary shortages. Says Thurow: "You will see the wages for engineers go through the roof in Boston, Dallas, Fort Worth, Los Angeles, San Francisco. Certain types of equipment will get very expensive." The resulting pressure, Thurow argues, could be contained only by a rate of productivity growth greater than the U.S. has experienced in 16 years (productivity actually declined in 1980). Or it would have to be paid...
...rising cost of imported oil. Today they form a $600 billion money mountain in Europe as well as in the Caribbean and other offshore tax havens, where they have escaped the control of the Federal Reserve. In the past, when the Fed tried to curb the pace of business???and inflation?by limiting the supply of money, banks were able to circumvent this tightening by obtaining Eurodollars. The 8% reserve requirement will discourage this by making that money more costly for the banks to borrow, since they cannot lend it all to their customers...
...been with Tiffany, the snob queen of Fifth Avenue and points south and west (it also has stores in Atlanta, Chicago, Houston, Beverly Hills and San Francisco). Last week Tiffany surprised almost everybody by agreeing to sell its whole business???lock, stock and bauble. The buyer will be Avon Products, Inc., the door-to-door giant that knows a lot more about cold cream than carats. Selling to such a mass-not-class company would seem to betray a rare streak of egalitarianism in Tiffany Chairman Walter Hoving, whose often stated political views would make Marie Antoinette's sound like...
Just to make certain that there are no embarrassing slip-ups?28 minutes of silence is acceptable, perhaps even desirable, in a presidential debate, but the Super Bowl is serious business???NBC Executive Producer Scotty Connal a month ago called together the 87 members of his game crew for training sessions. (The remaining 78 will handle the pre-game show only.) By kickoff, they will work together as cohesively as the teams on the field, and maybe a lot more so. As a shining example, the television crew will have the sacrifice of CBS Sportscaster Jack Whitaker, who dieted...