Word: marketing
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Dates: during 1990-1999
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Vouchers' supporters see them as a revolutionary instrument--capable, in the short run, of rescuing poor kids from bad public schools and, in the long term, of forcing that education system to compete in a free market. But critics say vouchers will destroy the public schools by turning them into repositories for America's unwilling, or unwanted, schoolchildren. And they say that voucher programs, especially ones that include religious schools, will Balkanize America by abandoning its common core of teachings and traditions...
...city's voucher program is that the choice it offers parents is mainly a choice of religious schools. The problem is that Cleveland's vouchers are capped at $2,250--not unusual for a voucher, but far too little money to allow real choice in the private school market. A poor parent who wanted to use a voucher at the Hathaway Brown school in suburban Shaker Heights would be out of luck: tuition there costs more than $13,000 in the higher grades. The $2,250 vouchers work for religious schools because they receive charitable contributions from their churches, conduct...
Enrico's revolution has already put Pepsi in a position where it can hurt Coke. For the first time in years, the Big Red growth machine is double-clutching, feeling the dark side of globalization in places like Brazil, its third largest market, where the recent devaluation hurt business severely. Coke's sales are also weak across Asia, and the company's huge investment in Russia is underwater. Pepsi needs to make a dent in Coke away from home, because the Atlantans derive most of their profits outside the U.S., where Coke outsells Pepsi...
Prevention is always preferable to a cure, and while much of the data are still preliminary, a growing body of evidence suggests that the local green market may be a rich source of anticancer agents. In particular, certain fruits and vegetables seem to have powerful tumor-fighting properties that researchers are just beginning to appreciate--and to study. A sampling of the current crop of findings...
...Comcast's bid -- but others in the industry aren't happy about the muscle-flexing. Consumers Union, a consumer advocacy group, plans to challenge the deal as a violation of antitrust laws and rules meant to limit concentration in the cable industry. But in an effort to let the market have its way, the FCC has temporarily stayed those rules. The deal will be pricey for AT&T: $23 billion would go to finance the cash part of the purchase. Another $1.5 billion would go to Comcast, since MediaOne has already agreed to pay Comcast $1.5 billion in breakup fees...