Word: seniorities
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Dates: during 1990-1999
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Hogan is planning to give the ball to junior Jamie Irving (pitching from his right) and senior Tony Lancette tomorrow. Irving's 2.84 ERA is second in the Ivy League...
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...
Last week Bartholomew apparently re-thought. Spyridon's successor is Demetrios Trakatellis, 71, a Greek senior bishop with a Harvard degree. The reversal's immediate cause may have been fiscal: American congregations had begun withholding contributions to the church. But a larger issue looms. Spyridon's predecessor considered founding, with other Eastern believers, an American Orthodox Church--a step away from Constantinople's authority that some still find attractive. "The mother raises the daughter, but eventually the daughter leaves home," says Popps. Bartholomew may have hoped his prickly prelate would forestall such talk. But in the end Spyridon may only...
...year!--guarantees that elder care will be a 21st century growth industry. The market, which was $86 billion in 1996, is expected to reach $490 billion by 2030. That potential is attracting such big developers as the Hyatt Corp. and Marriott International hotel operators. The 3,300 units of senior housing that Hyatt operates in 16 communities around the country are worth an estimated $500 million...
Congress has begun poking into the problem, partly by way of its work to update the 1965 Older Americans Act, which provides penalties for scams on the elderly. "New services that meet the needs of our growing senior population are necessary and exciting," says Louisiana Senator John Breaux, ranking Democrat on the Senate Special Committee on Aging. "But the facilities are market driven and are susceptible to a bottom-line mentality that can lead to consumer fraud and abuse...