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...market or some peer group. They would remain worthless unless the stock outperforms its competitors. Some have suggested the CEOs be required to buy stock above the market price, but that incentive could hurt workers, since a time-honored method of making the stock price jump is to slash jobs. But something has to give, and the CEOs know it. Shareholders will continue to reward extraordinary performance, but being at the helm in a favorable tide doesn't qualify...

Author: /time Magazine | Title: HOW CEO PAY GOT AWAY | 4/28/1997 | See Source »

...vigorously applied there. The treatment strategy, known as DOTS -- Directly Observed Treatment, Short-course -- simply instructs medical workers, teachers and others to observe TB patients more closely in order to prevent them from terminating their treatment plans prematurely. WHO officials estimate that full adoption of DOTS could slash the number of TB cases in Eastern Europe by half over the next decade and save up to 10 million lives. Furthermore, the organization said most countries could adopt the method at little additional cost to existing treatment strategies. Normally, TB medications must be taken for at least six months...

Author: /time Magazine | Title: WHO takes on Tuberculosis | 3/19/1997 | See Source »

CHICAGO: Big Mac customers, loosen your belts and move up to the next size in trousers. McDonald's plans to slash its flagship hamburger's price to a mere 55 cents with the purchase of fries and a drink in a bid to keep competitors at bay and customers happily chomping away. The new Big Mac, currently priced at around $2, could appear in stores "within months," according to the fast food empire. That deadline might be moved back, though, if, as expected, franchisee owners give the plan the nod this Friday. Whenever it comes, analysts predict that...

Author: /time Magazine | Title: The Big Mac Attack | 2/27/1997 | See Source »

...noted that there is "still time" before the U.S. goes a step further and backs a European-sponsored resolution condemning China's human rights record. The U.S. has also opted to wait until bilateral talks in mid-March before sounding China on allegations that it is violating pledges to slash exports of missile technology and chemical weapons components. Also put off: the booming U.S.-China trade deficit, which clocked in at $39 billion...

Author: /time Magazine | Title: Post Deng, Albright Meets China's Leaders | 2/24/1997 | See Source »

...other bookstores that can afford to slash prices aren't being cut out of the loop. Each department and professor can independently decide which bookstore to go through. Most choose the Coop because they have both a commitment and the facilities to provide the 1,000 Bibles, of which another bookstore could be wary. But there is no monopoly in spite of appearances. The Coop solicits book lists and the professors. Perhaps in small classes professors could deal with a different bookstore that could offer lower prices but there isn't a set arrangement with other stores. They could send...

Author: By Sarah Jacoby, | Title: The Coop Is Innocent | 2/21/1997 | See Source »

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