Word: paced
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Dates: during 1990-1999
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...fear, uncertainty, doubt) factor that is sure to slow the pace of change at some big corporations never seemed to affect ex-farmer Zaitz, who says radical change suits him just fine. "I grew up on a dairy farm, where everything that happened in your life revolved around the cows," he says. Feeling trapped by the job, Zaitz often wondered, "'Boy, wouldn't it be great if you could go fishing anytime you wanted?' With Farms.com I wanted to create a lifestyle out of this business--and I did." B2B enterprises like his seem certain to keep cropping up until...
...Fidelity Investments in Marlborough, Mass., it's a record year for sales of retirement products to small businesses. In 1998 Fidelity sold just over 1,000 plans to companies with 100 or fewer employees; this year it is on pace to sell twice that many. "It's no secret to most Americans that neither the government nor the company you work for is going to be there for you in retirement," says Peter Smail, president of Fidelity's Institutional Retirement Services Co. This fall Fidelity will begin offering a cyber version of the traditional 401(k), known as the e401...
Moved PermanentlyMoved PermanentlyFortune Investor Data"This is the big break the markets have been waiting for after a week of bad news," says TIME senior economics reporter Bernard Baumohl. "The pace of new job creation for August is less than what economists had forecast, and the pressure on wages has been slight." That spells low inflation, notes Baumohl, and it means that worries about another Fed rate hike this year have been, if not entirely put to rest, at least sent upstairs for a nice long nap. Burgers? Hey, why not break out the steaks...
Lundy's knowledge of sea lore and history is rich, his pace perfect, his intelligence full of energy. He differentiates each sailor with a novelist's touch. When Frenchman Raphael Dinelli's Algimouss capsized in a storm in the Southern Ocean, he managed to get on top of the inverted hull and cling there. The story of his rescue by his English competitor Pete Goss--who bravely turned back into the teeth of a force-10 gale and beat to windward until he located Dinelli--is one of those anecdotes of miracle that can be enacted only in an intense...
...ahead for nonspouse beneficiaries to roll the accounts over. The maneuver can spare your heirs a hefty tax bill by avoiding the customary one-time cash-out. Naming another beneficiary will not extend the life of the account, and payments must be distributed at least as rapidly as the pace set by the original owner, regardless of who receives the cash...