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Many family businesses are passed down through a combination of promissory notes and gifting. This worked best for Karen Caplan, 44, president and CEO of Frieda's, a Los Alamitos, Calif., marketer and distributor of exotic fruits with more than $30 million in sales last year. Caplan and her sister Jackie Caplan Wiggins, 42, who is vice president, bought the 38-year-old business from their parents in 1990. Almost half the transfer was paid with a 10-year note, and the rest came through a one-time gifting of $600,000 from each parent after a company valuation. Karen...

Author: /time Magazine | Title: Business, Too Close To Home | 7/17/2000 | See Source »

...What about the troubles you had shooting at the Warners Studio tank? I heard Karen Allen got banged around pretty severely there and other actors got bumped and bruised...

Author: /time Magazine | Title: The Day Mark Wahlberg and I Got Seasick Together | 7/1/2000 | See Source »

...With reporting by Carole Buia, Amy Lennard Goehner, Georgia Harbison and Benjamin Nugent/New York, Jeanne McDowell and Jeffrey Ressner/Los Angeles, Karen Ann Cullotta/Chicago and Rachele Kanigel/Walnut Creek

Author: /time Magazine | Title: Television: We Like To Watch | 6/26/2000 | See Source »

...wonder," drips Bush communications director Karen Hughes in Friday's New York Times, "whether naming a new chairman involves yet another reinvention of the Gore campaign...

Author: /time Magazine | Title: Al Gore's Got a New Manager... and the Manager Has a New Candidate | 6/16/2000 | See Source »

...Adopting the slogan "Progress and Prosperity," he also changed the focus of his campaign to better remind people of the near-eight bountiful years he has presided in the White House with Bill Clinton. At the end of this busy week, Gore sat down with with TIME Washington correspondent Karen Tumulty, lounging on a wicker chair on the wraparound porch of the VP's official residence in Washington. Birds chirping. Dog Daisy at his feet. He was very relaxed, wearing a loose tan sport shirt, khakis, battered deck shoes...

Author: /time Magazine | Title: Al Gore: The Turning Point Came in Scranton | 6/16/2000 | See Source »

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