Word: gain
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Dates: during 1990-1999
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...possible and who certainly have a say in how the diminutive ex-smuggler runs Africa's largest country. "Those four are the best guarantee that Kabila will not become another Mobutu," says TIME's Marguerite Michaels. "They invested a lot in Mobutu's fall, and have too much to gain from a prosperous neighbor. They'll make sure Kabila doesn't blow...
...Intel, if only for the change of pace--such bluster hardly constitutes proof of illegal behavior. "I don't think there's any question that the suit is a negotiating ploy," says Mercury Research analyst Mike Feibus. The current industry wisdom is that Digital's aim is to gain an out-of-court settlement that would give it a foothold in Intel's fortunes--either a cross-licensing agreement granting access to Intel innovations for Digital products or a role in the development of Intel's new 64-bit chip, code-named Merced and expected in 1999. "This...
...most prominent proposal for how to cut capital-gains taxes would exclude 50% of gains and tax the rest as ordinary income, effectively cutting the top rate to 19.8%. The change would apply to assets sold after May 7, 1997. Almost no one is talking up indexing stock profits for inflation as an alternative, because it's seen as a record-keeping nightmare. It requires a different adjustment for every holding period. The goal of indexing is to eliminate taxation on capital gains that result from inflation rather than from a real increase in value...
...company Corange Inc. for $11 billion in a deal that will boost Roche's drug operations from tenth place to sixth in the worldwide medical diagnostics market. Roche will assume Corange's holdings in Germany's Boehringer Mannheim, a market leader in cardiovascular and cancer treatments. It will also gain an 84.2 percent stake in DePuy, a Warsaw, Indiana-based manufacturer of orthopedic products. The final price of the deal is subject to negotiation. If approved by regulatory authorities, however, the takeover is expected to bring a round of layoffs. Though Roche declined to give specific figures, the Swiss industrial...
...letter to HIID Director Jeffrey Sachs, USAID alleged that Shleifer and Jonathan R. Hay, the project's director in Moscow, "abused the trust of the United States government by using personal relationships, on occasion, for private gain...