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Assembly-line workers at Ford and Chrysler no longer chat about whether they'll spend their $5,000-to-$10,000 year-end profit-sharing windfalls on a family vacation or a motorboat. This year there's little profit to share. Many also stand to lose $10,000 to $20,000 in reduced annual overtime pay. And their white-collar bosses aren't doing much better. Ford's 6,000 executives won't be getting any bonuses. The people who sell the cars and make most of their money from commissions are suffering much the same fate. Joe Torchia peddles...

Author: /time Magazine | Title: Paying To Keep Your Job | 10/15/2001 | See Source »

...investors look ahead to a recovery, they will favor stocks of familiar companies with solid balance sheets that do well on the rebound. Often such stocks also carry the highest dividend yields. Look at banks (AmSouth, U.S. Bancorp), basic materials (Dow Chemical, Lubrizol), energy (Consol Energy), manufacturers (Dana, Ford), real estate investment trusts (AMB Property, Federal REIT), utilities (Con Edison), and food and tobacco (UST, Philip Morris...

Author: /time Magazine | Title: Back In Fashion: Dividends | 10/15/2001 | See Source »

After a $130,000 renovation, Dean of the Faculty of Arts and Sciences Franklin L. Ford moved in with his wife and two sons. Ford lived there until 1969, when he resigned after the police raid on University Hall. His replacement, John T. Dunlop, was quite fond of his current house in Belmont and announced that he had no desire to use live in Elmwood...

Author: By Garrett M. Graff and Andrew J. Miller, CRIMSON STAFF WRITERS | Title: 33 Elmwood | 10/14/2001 | See Source »

...Vietnam War helped combine music with images. It?s hard to hear The Doors mournful song ?The End? and not think about the explosive, nightmarish opening images of Francis Ford Coppola's ?Apocalypse Now?. That war, and its aftermath, helped spawn a number of songs, from Marvin Gaye?s ?What?s Going On,? a plea for peace and understanding, to Bruce Springsteen?s ?Born in the U.S.A.,? which explored the pain and confusion of a returning war veteran: ?Got in a little hometown jam so they put a rifle in my hand/ Sent me off to a foreign land...

Author: /time Magazine | Title: Music During Wartime | 10/2/2001 | See Source »

...harrowing TV images. "Fashion is emotive, and female consumers in particular shop to make themselves feel good," says David Wolfe, creative director at the Doneger Group, a market-research firm in New York City. Automakers are trying to kick start customers; in the past week, with sales slipping, Ford and GM rolled out interest-free financing for new cars bought before the end of October. At an art gallery in Santa Fe, N.M., a show that opened only three days after the tragedy quickly sold out. "I think people wanted something beautiful to look at amid all this death...

Author: /time Magazine | Title: Wartime Recession? | 10/1/2001 | See Source »

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