Word: network
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...serve a single workplace or small community, credit unions had emphasized friendly customer service while seeming oblivious to shifting customer needs. Recently they have realized that they must evolve and grow--or perish--and many are meeting the challenge with services such as online banking and a nationwide ATM network. Federal rules intended to promote the industry's expansion recently took effect and should enable credit unions to compete even better against banks...
Until recently, the trade-off for such goodies was that most credit unions were less convenient in some ways than banks. But many today offer nationwide ATM access through a surcharge-free network formed with other credit unions (most also offer ATM access through commercial banks' networks). Moreover, as banks have raised fees to shore up profits in a weak economy, credit unions seem to be benefiting from a consumer backlash...
...Nickelodeon's all-rerun Nick at Nite sitcom programming in the early 1980s, he had proved, as he puts it, that "once you take something out of the attic, polish it and put it on display, it becomes an antique." So in 1995 Bedol created the Classic Sports Network and showed that the allure of sports TV is more powerful than most people imagined. ESPN bought Classic Sports in 1997 for $180 million, with Bedol making millions (he won't be more specific...
Today Bedol, 44, is again pushing ignored goods, as a co-founder and the president of College Sports Television (CSTV), the only 24-hour network devoted solely to college athletics. Major broadcast networks, as well as cable outlets like ESPN and Fox Sports Net, already have dibs on big-conference basketball and football. So CSTV, which went on air in April, will field a second-string lineup of college sports, including basketball and football from conferences such as the Horizon League (Butler, Detroit Mercy, Youngstown State), plus track, baseball, soccer, lacrosse, volleyball and--yes--squash. CSTV joins several niche sports...
...Official denial is out. Now bureaucrats are tripping over themselves trying to introduce anti-SARS measures. Overnight, even the tiniest village has slapped up posters describing SARS symptoms and prevention measures, an indication that the Party network can be amazingly efficient if it's so inclined. On Friday, foreign tourists were barred from Tibet, one of many travel restrictions meant to curb the spread of the virus to SARS-free regions. China's central bank got in on the action by retaining all its used notes for 24 hours and disinfecting the tattered bills before sending them back out into...