Word: overhauled
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Dates: during 1990-1999
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Antioco's strategy is deceptively simple: stock more of the new releases that customers want. Before Antioco, the average Blockbuster customer had to visit a store five consecutive weekends in order to get the movie he wanted. To change that, Blockbuster had to overhaul its business model. In the past the company bought tapes from the studios for about $65 apiece. Because each store has 10,000 tapes, the inventory got expensive, thus limiting the company's willingness to invest in too many copies of one film. Now Blockbuster has revenue-sharing deals with all but a couple of major...
...make. The results: record gains--hospital profits alone hit a high of $21.3 billion in 1996, up 25% from 1995--while more Americans than ever are uninsured. Most of the proposed, limited reforms will merely confine the worst abuses. What is needed is not containment but a fundamental overhaul. ROSE ANN DEMORO, Executive Director California Nurses Association San Francisco...
...admit defeat. This year, in despair over malfeasance investigations and bankruptcies, more than a dozen prominent bureaucrats and businessmen have committed suicide. More important, the changes being discussed go far beyond dropping lifetime employment and closing the doors on a bunch of banks. Critics are calling for a complete overhaul of the much celebrated education system and drastic new environmental regulations, not to mention a reassessment of how Japan will deal with its biggest future headache: the world's most rapidly aging society...
Windows 98 is not a complete overhaul, but it does have features that distinguish it from earlier versions...
...traffic system isn't repaired--and it may have to carry them out. The government's own accountants complained earlier this year that "at its present rate, the FAA will not make it." The Department of Transportation, meanwhile, flunked Horn's report card for its laughably poor efforts to overhaul its 630 most critical systems, which the agency says will be complete, oh, by sometime in 2004. Still, FAA Y2K chief Ray Long insists that air traffic is a top priority, and "there's no doubt in my mind that we're going to meet our [Year 2000] deadlines...