Word: prosperities
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...most important people at any magazine is the advertising sales director. It's not just that the director supervises selling the ad pages that help us to exist and prosper, but the good ones -- and TIME has been blessed with a string of them -- must have an instinctive feel for the editorial purpose of the magazine and for its role in the marketplace. That's why I'm so pleased to have Cleary Simpson join my publishing team. She knows this magazine inside and out, and she's an accomplished strategic thinker...
Germans are beginning to show a sense of qualified optimism -- a certainty that the country will prosper, tempered by an equal certainty that there will be difficult years to survive before it does. "1990 was a year of good news; 1991 is a year of bad news; but 1992 will be a year of good news again," says Gunter Albrecht, chief economist of the German Association of Chambers of Commerce and Industry. "In the autumn we will see the start of an upturn, and things will improve day by day." He cites harbingers of recovery: small businesses in the service...
...roughly 4 million U.S. workers covered by such plans are living by the ancient rule of markets everywhere: risk and reward go together. Unlike corporate chieftains, who often prosper no matter how their companies fare, workers in these programs may suffer painful cuts in income when times are lean. Uncertain pay can create problems when it comes to such mundane matters as applying for mortgages, which usually demand predictable annual income -- to say nothing of the impact of variable wages on one's ability to pay back loans. But the payoff can also be great, allowing productive employees to make...
...conservative lending policy and emphasis on customer relations have helped the Cambridgeport Bank to prosper when others are failing, says bank president James B. Keegan...
...that the Kuwaitis were ungenerous. The welfare-state umbrella covered non-Kuwaitis almost as well as it protected the natives. Expatriates could prosper, and many did. But everything about the rest of a foreigner's life in Kuwait was demonstrably second class. As naturalization was almost impossible, an expatriate's stay in the country depended on the whim of his employer. Noncitizens could be deported without recourse, and they frequently were when economic demand slackened or political crisis threatened. Foreigners could not own homes or land. Those who worked for the government were eligible for subsidized housing. Those employed...