Word: cnbc
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...says. "So I thought, Let's take a look at them." Farley, whose acclaimed novel, My Favorite War, is due out in paperback from Ecco, will soon be starring in a production of his own: his marriage to former TIME correspondent Sharon Epperson, now an on-air reporter for CNBC...
...exchange for her not taking her story to the tabloids. But the soap opera keeps taking new twists. The issue of whether Cosby really is Autumn's father--he denies it, while admitting he had sex with her mother--was ruled irrelevant at the trial. But last week on CNBC's Rivera Live, Cosby attorney Jack Schmitt dropped a bombshell: he said Cosby was having blood drawn--"as we speak"--for a DNA comparison, to try to settle the paternity matter once and for all. Schmitt challenged Autumn Jackson to do the same...
...government reports record low unemployment. On CNBC economist Stephen Roach at Morgan Stanley declares that everyone who wants a job has one. He expects an inflationary spiral in wages...
...must weaken just because dividend yields (annual dividend divided by stock price) sank to below 2% when they've rarely been below 3% any time this century. They also laughed off gobs of anecdotal evidence that prices were precariously high: cab drivers offering mutual-fund tips, barbershops tuned to CNBC, record prices for seats on the New York Stock Exchange, exploding margin debt and the proliferation of investment clubs across the country...
...been easy, but CBS's much belated entry into the cable sweepstakes, which debuts this week, is facing tougher odds than most. The network, to a great extent, has only itself to blame. While its broadcast rivals were busily getting into the cable business (ABC with ESPN; NBC with CNBC and America's Talking; Fox with FX and the Fox News Channel), CBS sat on its hands--or rather, on chairman Laurence Tisch's tight fists. That finally changed in 1995, when the company was sold to Westinghouse, which already owned a piece of one cable channel, CMT: Country Music...