Word: forde
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There were other hopeful signs: Factory orders rose 1.6%, the third jump in as many months. Similarly, the government's index of leading economic indicators was up for the third month in a row. Two surprising reports came from Detroit, where General Motors and Ford turned in their first profits in more than a year, though many analysts had expected the automakers to notch up another round of losses. Ford, which last posted a profit in the third quarter of 1990, reported a first-quarter profit of $338 million, buoyed by sales of cars and trucks at home...
...directed with such in-your-face coarseness. Candice Bergen, a two-time Emmy winner (in years when the Golden Girls were apparently snoozing), has anything but a light comic touch. Listening to her labored, overemphatic line readings is like watching someone slog through a swamp in combat boots. Faith Ford, as dippy anchorwoman Corky Sherwood-Forrest (a character married off just to create a funny name!), shrieks her way through scenes as if she were trying to be heard above a hurricane. Grant Shaud, as frenetic executive producer Miles Silverberg, needs sedation more than his character does...
...state. But in January Governor Pete Wilson suspended the $16 million-dollar advertising campaign, citing a need for funds for other health projects. Last week a California state judge ordered Wilson to restore the campaign, saying that Proposition 99 "was not discretionary." Said Superior Court Judge James Ford: "Why don't they take the money out of something that hasn't demonstrated its effectiveness...
...company makes about $800,000 a year, most heads of major U.S. companies make $1 million to $4 million a year. This disparity was embarrassingly highlighted earlier this year when the Big Three auto chiefs accompanied President Bush on an ill-fated trade mission to Japan. Although General Motors', Ford's and Chrysler's combined losses totaled $7.5 billion last year, their top executives were together paid $5.3 million. Their counterparts at Toyota, Nissan and Honda collectively made $1.8 million...
Some companies slashed pay unilaterally. Ford CEO Harold Poling, for example, took a 6.6% pay cut last year, while Avon boss James Preston froze his salary at $610,000 and lowered his bonus 23%. IBM chairman John Akers took a 40% cut, reducing his compensation by $1.1 million, to $1.6 million. Others are revamping their pay structure. AT&T junked its stock-option plan in favor of an incentive package based on staggered performance targets...