Word: marketing
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Dates: during 1990-1999
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...mostly a concept. They had cool products, hip clients, catchy names, irreverent ads, promise--lots of promise--and more. They had panache. They were cocktail chatter, and their stocks (and stockholders) were giddy. The money-losing online bookseller Amazon.com long ago blew past venerable Sears in terms of market value. At the time, investors gasped and marveled. They kept buying, but at least they noticed. By April, though, Amazon's worth was fast approaching that of Sears and Wal-Mart combined, and nobody was paying attention...
...Membership in the Roman Catholic Church is at 1 billion and on the rise, but its market share of the world?s population is shrinking. In Africa and Asia, the church?s "workforce" ?- the number of priests and nuns -? is increasing, a sure sign of John Paul?s road-warrior evangelizing and media savvy. But in North America and Europe, the number of the truly committed is decreasing, which may be a sign that his staunch refusal to compromise is turning First World Catholics into something of a spectator church, professing faith but ignoring doctrine. Such developments lead to dilution...
There's something so comfortably low-tech about radio -- it evokes vacuum tubes, wooden cabinets, old-time superheroes, the '50s. But it's the '90s now, and the race for the future of radio is as cutthroat as any other high-tech market. The prize? Dominance in the emerging field of satellite radio...
Moved PermanentlyMoved PermanentlyFortune Investor DataPresumably, Greenspan will stop worrying too -? if he ever started. Many saw the Fed?s "bias shift" in May as a virtual rate hike, one that showed up in the market?s interest rates and took some steam out of stocks without the central bank?s actually having to do anything. Now, there are only two reasons for the Fed to raise rates at its June 29 meeting ?- to loosen up labor markets or simply to bare its teeth ?- and neither seems compelling enough for Alan & the Gang to act before the next meeting, in August...
...touched by the magic of America. He went to the elitist Boston Latin School; on to Harvard; and then in the Roaring Twenties, with little regard for ethics or even the law, plunged into the worlds of banking and moviemaking. He cashed in before the market crash of 1929. When Franklin Roosevelt called Joe to Washington to clean up the Securities and Exchange Commission, somebody asked F.D.R. why he had tapped such a crook. "Takes one to catch one," replied Roosevelt. Kennedy did a superb...