Word: northwest
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Until last September, no one in Santa Paula, Calif., had. That's when the tiny (pop: 27,000) farm community, about 65 miles northwest of Los Angeles, decided to integrate its college-prep and "general" education students so that slow, average and accelerated learners would sit side by side. It is a bold experiment. Segregating students by ability--a vintage classroom organizational tool known as "tracking" or "ability grouping"--is practiced in at least 80% of U.S. high schools, according to the National Center for Education Statistics. But in Santa Paula, anger at the grouping system had smoldered for decades...
...repentance. It was a celebration of Martin Luther King Jr.'s 1963 March on Washington, and there to introduce Clinton was Congressman John Lewis of Georgia, an authentic hero of the civil rights movement. The hours before were filled with conference calls about Russia and the impending Northwest Airlines strike, and as Clinton was riding to the chapel, he was still stitching together a speech he had started working on just before lunch, jotting down notes on a two-page draft sent from Washington overnight. (Almost nothing of that version would remain.) The words the press would focus on came...
...previous 12 months. Note: that's not from their high point, but from their average price, a proxy for the price most people paid for the stock over that period. On the list are plenty of big, widely held companies, including oil-services giant Halliburton, tractor company Deere, Northwest Airlines and food-and-tobacco conglomerate RJR Nabisco...
...timing it may seem. For example, you can guard against missing a quick recovery by buying another depressed stock in the same industry. Sell Halliburton, down 41%, to lock in the tax benefits; then buy rival Schlumberger, down about 30%. Likewise, swap Philip Morris for RJR, AMR for Northwest, Caterpillar for Deere...
...pilots gave until it hurt then," he says, "and the executives made a jillion dollars when Northwest got healthier. Now it's doing very well, and the labor contracts are up, and the pilots want their pound of flesh." To Northwest, says Saporito, the pilots are "overpaid prima donnas who already got their fair share." Clearly, there are no white hats in this one -- just a lot of native South Dakotans with no way to get home for Labor Day (OK, several native South Dakotans). "Northwest's regional monopoly may force Clinton to intervene," says Saporito. Until then, the money...