Word: cbs
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Dates: during 1990-1999
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...looking beyond Burbank for people with fresh ideas, the networks return to the same talent pool over and over. As Imagine's Grazer puts it, "Everyone is sucking up the same creative oxygen." And too often, when something different comes their way, they turn it down. Case in point: CBS, NBC and Fox passed on The Sopranos before it found a home on HBO, becoming the season...
...CBS EVENING NEWS Rating [3 1/2 missiles] Kudos to Dan Rather for being the first network anchor in Belgrade. It may not be Baghdad live, but Gunga Dan is in his element. Kudos also to whoever chose the tag Crisis over Kosovo over the banal Crisis in Kosovo. VIEWERS: 8.5 million...
...cost are fueling the rising popularity of cash-balance plans. Some 20% of FORTUNE 500 companies, including AT&T and Xerox, now offer these plans, which cover close to 10 million workers nationwide. Two weeks ago giant Citigroup disclosed that it too is making the changeover; the week before, CBS made the switch as part of a comprehensive benefits overhaul. Both firms are sweetening the pot with stock options to keep workers focused on performance rather than longevity. IBM is reportedly contemplating a similar change that would save $200 million a year...
...traditional pension at that point. The downside: by the time that person retires, the cash-balance plan will yield $138,000, vs. $180,000 under traditional plans. "The old system was designed for the iron age, when people were beholden to one company their entire life," says David Zemelman, CBS senior vice president of corporate human resources. "Now your money never stops working...
...CBS reporter, she said, was woken up at 2 a.m. in his Belgrade hotel, detained and interrogated by Yugoslav police for a story he had written. He was finally abandoned at the border, miles from his hotel...