Word: spells
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...worked out after the 1990 owners' lockout is in danger of being discarded. "The golden days of baseball are over," says Gerald Scully, University of Texas economist and author of The Business of Major League Baseball. "The game is entering a new era of fiscal conservatism, and that could spell big trouble for labor-management relations. Unless cooler heads prevail, the 1993 baseball season could be in jeopardy...
...Speth, president of Washington's World Resources Institute, believes the summit could still produce his dream of a global bargain between rich and poor nations, but only if the meeting's treaties are developed during the next three years to spell out obligations, goals and monitoring. The price of failure for the world community could be a new cold war between the North and the South, warned U.N. Secretary-General Boutros Boutros-Ghali...
...force companies to disclose executive compensation more fully in proxy materials. In addition, it would compel boards to justify in the annual report or proxy statement what a CEO's pay really is -- in all its components -- and why it's reasonable. Companies would be required, for example, to spell out in a new summary table which elements of executive pay are cash and what the present values of stock grants and options are -- something only compensation experts are able to calculate...
...after a spell editing at FORTUNE, Roy retired to write books and report a few special stories. He is still a close member of our professional family, admired not only for his judgment and experience but also for his calm good humor and empathy. "The human factor always fascinates me," says Roy. "Stories where a corporation or government is trying to stymie news coverage, that's a challenge, and that intrigues me, but I like dealing with the people whose lives are affected by a great drama. As a reporter you have to establish a rapport with people...
...front and back covers basically serve as an answer key, showing examples of the "real colors" of tropical birds and animals. Denying every child's Right to Free Choice of Crayon, the author declares that the examples are provided because "knowing how to recognize key field marks...can spell the difference between frustration and enjoyment." Just in case your five-year-old is planning to write a National Geographic piece on the Brazilian jungle...