Word: merenda
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...makes an effort to help young people, that sends a message to its employees that it is a good place to work." No wonder, then, that the number of such relationships has surged--from 125,000 in 1991 to an estimated 400,000 today, according to Daniel Merenda, president and CEO of the National Association of Partners in Education...
...painful, grueling process," since American consumers have so many incentives to spend rather than save. Easy credit, proconsumption tax policies and an ethic of materialism have collaborated to turn the 1980s into the Spree Decade. "You work to have what you like, when you like," explains Nino Merenda, 31, a hair stylist in Skokie, Ill. "At this stage, I'd rather have a nice car than money in the bank." In fact, Merenda owns two cars: an Alfa Romeo and a Fiat...