Word: jolts
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...billion-a-year electric-power industry slept for decades under a cozy blanket of cost-plus-profit income streams and fat dividends that seemed to promise payouts forever. The status quo is about to get a jolt from, among others, John W. Rowe, 52, president and CEO of New England Electric System of Westborough, Mass. NEES is New England's second largest power utility, with $2.3 billion in 1996 revenues and 5,000 employees. Under Rowe, the utility has become a leader in allowing consumers to shop around for electric power the same way they shop for long-distance telephone...
...years, until he turned 31, Rios, whose father died of alcoholism, led a double life. He graduated from Harvard Law School and joined a prestigious Chicago law firm. Yet all the while he was secretly visiting a shooting gallery once a day. His favored concoction: heroin spiked with a jolt of cocaine. Ten years ago, Rios succeeded in kicking his habit--for good, he hopes. He is now executive director of A Safe Haven, a Chicago-based chain of residential facilities for recovering addicts...
...right. Maybe that bad language was good for the circuitry--sort of a jolt, like jumper cables. The next time they have one of those White House conferences, I might ask to testify...
...Greenspan is getting more respect than an IRS auditor. But you have to wonder why it took an interest-rate jolt and what is developing into the worst stock-market plunge in seven years for his misgivings to register. This is a horrible replay of 1994. You may not remember, but don't feel bad because nobody was listening then when Greenspan expressed similar concerns and, surprise, jacked interest rates higher. The market tanked, pronto. Greenspan doesn't control the markets, for sure. But his is the hand closest to the interest-rate lever, which gives him an awful...
...baseball team was not alone, as many other Crimson squads have experienced the jolt of Old Man Winter. Both the men's lacrosse and the softball team are still bronzed from their tripe to Florida and California respectively, but now, back in Cambridge, they are forced to battle for precious practice time in Harvard's sole indoor facility&mdashBriggs Cage...