Word: clearing
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Dates: during 1990-1999
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...programs off on a rant. A single mother of four from Dallas, she left school in the ninth grade and started having children. Rather than work or marry a man who did, she relied on welfare, food stamps and Medicaid. The tough 1996 welfare-reform law spelled out in clear terms what it wanted Wells and others like her to do in the future...
Still, it's not yet clear that every boss is ready to be such a solicitous suitor. "The labor market is tight, but we haven't got to the point where people are so valuable that they would entice companies to engage in a bidding war," argues Bob Liu of HotJobs.com Others contend that no firm would be willing to make a bet solely on the basis of a virtual resume. Networking giant Cisco, which does two-thirds of its hiring via the Net, says it isn't interested in bidding online for corporate mercenaries...
...world of Internet investing, few things are clear. But here's one: after last week's rout, dot.com stocks are 40% to 60% off their peaks, and investors are finding there is no safety net in Netland. For those with faith and a long investment horizon, discounted prices today are compelling. That's why the bloodbath didn't turn into a bigger catastrophe. Early last Thursday, Net stocks were in free fall and touching their lowest levels of the year. Enough investors suddenly viewed them as bargains so that prices turned...
...stocks tumble? In retrospect, it seems clear that as they were hitting their highs, speculation had taken over. The average Net stock had risen 475% in the previous six months. Internet initial public offerings were routinely doubling and tripling on the first trade. A pullback was in order...
...protect children with disabilities. But last April he went too far. On a school bus full of children, he punched a teacher's aide and threatened to grab the steering wheel and cause a wreck. District Attorney David Whetstone sued the boy in civil court, describing him as a "clear and present danger," and persuaded a state judge to bar him from all Alabama public schools. "It was a little creative," says Whetstone, "but we were out of resources...