Word: fortnightlies
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...final fortnight, the dueling ads will push hard at emphasizing the different views of life in Israel. Labor's spots glow with the benefits of the peace process. Happy, smiling Israelis are shown cavorting amid prosperity; youngsters speed down a highway in a yellow convertible while the Golden Arches of the newly arrived McDonald's beckon. The images in the Likud ads stress the flaws in the current peace: a bus decimated by a suicide bomber, a burning car hit by a Hizballah Katyusha...
...case of Fidelity Investments, the nation's biggest fund group--comes from retirement plans like 401(k) savings funds set up by corporations to pool their workers' contributions. "With 401(k)s, regardless of what the market does, people are plowing in their money week after week, fortnight after fortnight, month after month," notes Robert Brusca, chief economist of Nikko Securities, a Wall Street firm. Once a worker designates a certain portion of his pay to be set aside and put into stocks, the 401(k) keeps investing the same amount unless the worker changes his contribution. And such investors...
...beautiful sounds of grunts, squeals and yelps filled Flushing Meadows this past fortnight, which meant only one thing: Monica Seles was back. At the U.S. Open, which was only her second tournament since returning from her 28-month physical and mental convalescence, the 21-year-old Seles was so impressive in her play and delightful in her presence that she instantly energized women's tennis. And together with Steffi Graf, she resumed one of the great rivalries in sports. Their final on Saturday, which Graf won 7-6 (8-6), 0-6, 6-3, went a long way toward erasing...
Last week Eisner was a very happy man. A fortnight after springing word of the Walt Disney Co.'s $19 billion acquisition of Capital Cities/ABC, he announced that Michael Ovitz had agreed to leave his post as mega-boss of Creative Artists Agency and join the Mouse conglomerate as president, effective Oct. 1. In June, Ovitz, a.k.a. Hollywood's Most Powerful Man, had passed up a $250 million offer to run MCA. So the news that he would be Eisner's-or anyone's-No. 2 left observers giddy with admiration. "Disney now is not only the world's biggest...
...Bill Clinton's most outspoken foreign-policy official unblinkingly held her own. The ruckus was touched off by Saddam Hussein's chief emissary, Tariq Aziz, who accused the U.S. of ignoring Iraq's good behavior and maliciously refusing to lift an economic embargo against Baghdad. Since less than a fortnight earlier Baghdad had menaced Kuwait with more than 80,000 troops, Aziz's remark was disingenuous, if not absurd. The task of pointing this out fell to Madeleine Albright, the American ambassador to the U.N. "Words are cheap," she bluntly declared. "Actions are the coin of the realm...