Word: prospect
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Tougher disclosure laws in countries like France and Germany would go a long way toward easing public suspicion of stock-option grants. It would also bring those countries closer to the more transparent corporate practices of the U.S.--a prospect, admittedly, at which many Europeans still bristle. As the equity-driven start-up wave of the new economy hits the Continent, the use of options by European businesses is bound to increase. And the larger debate will continue to rage: In a time of near ludicrous stock valuations, does anyone really deserve the fortunes gained through stock options...
...During a prospect's junior year in high school, the process begins with form letters. All interested schools send generalized and rather impersonal letters to the homes of potential recruits, ranging from simple letters to elaborate messages and colorful pamphlets...
...army last recovered Jaffna after a bloody battle in 1994, but last week's setback wipes out years of painstaking territorial gains against the guerrillas. Now the government of Chandrika Kumaratunga, which has made taking a hard line against the guerrillas the centerpiece of its tenure, faces the humiliating prospect of having to negotiate a cease-fire with the LTTE in order to save thousands of its soldiers. And the rebels, who are fighting for independence for the mostly Tamil northern provinces they refer to as Eelam (the Hindu Tamil form about 20 percent of Sri Lanka's population, with...
...human smuggling syndicates with links to Chinese communities all over the world. Shifty, violent men with a liking for gold watches and rings the size of plumbing fixtures, the snakeheads have a ruthless reputation throughout Fujian. Chen was scared of them, but he was also exhilarated at the prospect of going to the U.S. and earning "big money." (His name, village and some identifying details have been changed to protect him and his family.) For $37,000 the snakeheads promised to transport Chen to New York City. He didn't know how long it would take, what the route would...
...customers, they account for nearly half its revenue. So adding or losing a few business types per flight can mean the difference between a profit and a loss--or, in Legend's case, between a new airline that thrives and one that does not. That's a daunting prospect in an industry that has seen only one airline, America West, survive out of the 58 that got off the ground between...