Word: parently
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...guilt children feel about putting a parent in a nursing home can sometimes lead them to blame others for the death of their loved one. But what Leslie Oliva saw as her mother moved through three California nursing homes during the last three years of her life is part of a bigger, shocking tale the Federal Government will tell this week. The account is based on the most detailed look in more than a decade at some of the nation's nursing homes. "My mother experienced beating, malnutrition, dehydration and neglect," Oliva says quietly. "All three of the nursing homes...
Blockbuster's troubles were destroying the synergistic dreams of its parent, media giant Viacom (1997 sales: $13.2 billion), owner of Paramount Pictures, Nickelodeon and MTV. Viacom CEO Sumner Redstone bought Blockbuster in 1994 from billionaire Wayne Huizenga for $8 billion, figuring that the retail stores would be a natural outlet for Viacom's films and music. But by mid-1997, with Viacom's stock stuck to the floor, Redstone had to implement drastic measures, including a $323 million charge at Blockbuster. The charge reflected an unsuccessful attempt to expand Blockbuster's sales by emphasizing music, candy and comics and moving...
...Last week, underscoring that point, Viacom announced a $437 million charge to write down Blockbuster's old inventory. But the charge also clears the way for better results ahead. Redstone, who will release Viacom's second-quarter results this week, says Blockbuster's improvement should start to boost the parent company's earnings this quarter...
...hurdle for this merger. But if it's approved, Bell Atlantic, armed with GTE's long-distance service, will have taken a step toward crossover hegemony not seen since pre-breakup AT&T -- and the resultant behemoth would be the nation's second largest phone company, behind its former parent. The FCC just wants to make sure that local giants such as Bell Atlantic provide access to competitors. Otherwise, some of the Baby Bells would turn into Ma -- and Pa -- Bells...
Then came the bombshell from the Journal. One quote was particularly galling: a spokesman for the parent company of one steak-house chain--a company based in Wichita--said that his company's restaurants call a Kansas City strip a New York strip because "it's a more cosmopolitan name." Condescended to by someone from Wichita! That's what comes from turning against your own cattle. As we used to say in Kansas City--this was before they asked us to cut down on agricultural images--sooner or later the chickens all come home to roost...