Word: corps
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Dates: during 1990-1999
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...lagged far behind her peers in speaking and reading and had a hard time making friends. Two years of private speech therapy had failed to bring her up to speed. So her mother Donna enrolled her in "Fast ForWord," a powerful video-game program developed by Scientific Learning Corp. of Berkeley, Calif., to aid children like her who cannot process the sounds of language fast enough to comprehend normal speech. Nicole spent six weeks of intense game playing at a speech clinic in New Jersey, emerging "like a different child," Donna Davis says. Today the ebullient second-grader chatters away...
Until 1996, U.C. Irvine relied on affirmative action to keep its conscience clear. The programmed trickle of acceptances helped 5% of local Hispanic students get into the U.C. campus. It was politically correct but mostly cosmetic. Stephen Carroll, a senior researcher at the Rand Corp., notes that percentages of blacks and Hispanics on California college campuses actually dropped under the old policy: "I am skeptical that affirmative action accomplished a heck of a lot for minorities." Even defenders concede its faults. "I think it was coming close to leading us to a quota system," says U.C. Irvine chancellor Ralph Cicerone...
Dell Computer Corp. has followed a particularly effective mix of policies. It originally prospered largely by cutting out the middleman and selling custom-built products directly to buyers. That strategy was probably old in the agora of ancient Athens, but it was new to the computer industry in 1983, when Michael Dell started selling hand-built PCs out of his dormitory room at the University of Texas. As it grew into a giant, Dell Computer insisted on keeping only a six-day inventory, vs. a six- to eight-week supply for most of its competitors. That not only lowered costs...
...played Hawkeye in the TV series, and creator LARRY GELBART. They contend that Fox, which owns the licensing rights to M*A*S*H, has frittered away their show's value by airing so many reruns. In a lawsuit filed about 15 months ago against 20th Century Fox Film Corp., Alda and Gelbart--both profit participants--charged that Fox has exploited M*A*S*H by selling reruns to its local stations and then to its own cable station FX at bargain-basement prices compared with what it charges non-Fox-owned stations. Fox apparently contends it charged fair-market...
FUND FLEE With investors taking financial matters into their own hands, how can a mutual fund keep them from deserting? An increasingly popular tactic, according to Financial Research Corp., is to slap them with a fee for making an early exit. More than 300 stock funds now impose a redemption fee, with most levying a 1% to 2% penalty, for bailing within the first three-to-six months. Invesco just instituted a fee on nine funds. Direct-marketed, no-load funds most often use the fees, but Janus and Strong have largely resisted the trend...