Word: million
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Dates: during 1990-1999
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...still losing his pants. That's maybe the one thing people still really don't understand about the e-commerce revolution. If these are such hot businesses, then why are they hemorrhaging cash? Amazon--the company everyone wants to be like--could lose nearly $350 million this year. O.K., the Net is different, but don't profits and losses matter anymore? They do. Bezos insists Amazon's oldest businesses--books, music and video--will be profitable...
...deciding blow in forcing the INS's approval of work visas for teachers came from Education Secretary Richard Riley who, at a recent White House conference, declared that a quarter-million American teachers are either unfamiliar with the subjects they teach or lack any manner of training. The Chicago experiment will therefore be closely watched. A smaller program initiated in New York City last year, in which mathematics teachers were brought in from Austria, is getting high marks and was expanded this year. If the Chicago program shows similar success, educators expect Congress to adapt a wide-scale recruitment plan...
...nation's largest New Year's celebrations on its fabled strip. The feds continue to scour the Southwest for leads on the disappearance of a thousand pounds of explosives from an Arizona rock quarry. Across the country, authorities in the Big Apple - expected to host a million-plus in Times Square - are fortifying the city, welding manholes shut and locking postal boxes in the area surrounding Times Square. The city will saturate the area with an 8,000-strong army of police officers and a fleet of surveillance helicopters on New Year's Eve. Furthermore, area hospitals are hoarding antibiotics...
...portrait of Ahmed Ressam that has emerged since his arrest for smuggling explosives from Canada last week has fed America's worst fears: On the eve of the millennium, an Algerian man with a trunkload of explosives eludes Canadian authorities, apparently headed for a million-person New Year's party in Seattle, and almost makes it into the U.S. if not for the hunch of a border guard. It makes for one terrifying story to the U.S., which has many terrorist enemies around the world but has stayed generally free of attack on its own soil, and it exposes...
...debt and caught in the crosshairs of an SEC investigation into its questionable accounting practices. For months the bad news has been relentless: In mid-October the board forced out CEO Martin Grass and announced that pretax profits for the past three years would be revised downward by $500 million. Then just before Thanksgiving, the chain's longtime auditor, KPMG, bolted after refusing to re-examine its client's books. Says Edward Comeau, an analyst at Donaldson, Lufkin & Jenrette: "This was a house of cards that just collapsed...