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...shaky. With inflation dead, most have no power to raise prices, and they see cost cuts--especially layoffs--as one of the few ways to eke out profits. Companies have already cut 1.2 million jobs this year through October--that's about 3,600 a day--according to Challenger, Gray & Christmas, the Chicago outplacement firm. Sun Microsystems, Boeing, McDonald's and J.P. Morgan Chase have announced that they will slash thousands more jobs in coming months, and many experts predict still other layoff announcements by year...

Author: /time Magazine | Title: Where Did Everyone Go? | 11/18/2002 | See Source »

...parallel shift in the culture suggests that Clinton-era values are no longer America's. Though a baby boomer, Bush rejects the instant-gratification ethic embraced by Clinton, the nation's first baby boomer President. Bush went from party-hearty frat boy to hard liquor--drinking Man in the Gray Flannel Suit (until he shaped up in his 40s) without stopping to dabble in the counterculture or go anywhere in a VW bus. He often laments not being one of the Greatest Generation he so admires (although he was no more up front about not going to Vietnam than...

Author: /time Magazine | Title: Election 2002: Say Good Night, Bill | 11/18/2002 | See Source »

...level reached in 1997 before Asia's financial tsunami cut consumption in that part of the world. Nor will they unless key markets like the U.S. - down 7.7% last year - rebound soon. Export volume for the first eight months of 2002 is down 6.5% from last year and Alan Gray, whisky analyst for ING Financial Markets, is predicting volume growth of only 1.8% per annum over the next five years as the industry grapples with volatile economies and stiff competition from other spirits. Although recurrent predictions that Scotch would be washed away by a tidal wave of vodka and other...

Author: /time Magazine | Title: Whisky Business | 11/17/2002 | See Source »

...That’s me,” she says, smiling proudly. “That’s my nice business clothing. I have so much of that. My pinstripes, my charcoal gray...

Author: By Michael A. Mohammed and Rebecca D. O’brien, CONTRIBUTING WRITERSS | Title: Harvard Grad Prepares To Leave Home on the Street | 11/15/2002 | See Source »

...sense of justice really didn’t fit the model of blind judging,” Coontz said. “She always saw the shades of gray, and tried to err on the side that would help students...

Author: By Katharine A. Kaplan, CONTRIBUTING WRITER | Title: Spirited Adams Tutor, 48, Dies | 11/15/2002 | See Source »

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