Word: stockings
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Dates: during 1990-1999
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Government and antitrust lawyers are not the only ones testing Bill Gates's empire these days: Union organizers are circling. Microsoft's 260-acre campus is a cool place -- you work in jeans, play volleyball on breaks and get good pay, benefits, stock options and job security -- if you wear a blue ID badge. Those who wear orange badges (known as "A-dashes," for "agency," because of their e-mail address prefix) get no benefits, no stock options and no talk about getting on permanent staff...
...billion settlement bill died this year -- largely because of a virulent industry ad campaign that attacked the "tax-and-spend" $1.10 increase -- they ought to be a little peeved that this time the taxes are coming from their own side. Of course that hasn't stopped Philip Morris stock from its steady runup -- in a smoker's blood, nicotine generally wins out over outrage...
...division of Johnson & Johnson plans to test-market Benecol in January and hopes it will prove as popular here as it has in Finland. The smooth yellow spread has been sold there since 1995, and stores have had trouble keeping it in stock, even at prices six times that of ordinary margarine...
...over the Internet is about to take on a whole new shape. Negotiations are still under way, but service-and-content behemoth America Online looks set to snap up Netscape in a $4 billion all-stock deal Monday. Sun Microsystems, also involved in the talks, would take over Netscape's server-end software; AOL would run the popular Netcenter portal and keep the browser itself in safe hands. Right now, AOL has an exclusive contract with Microsoft to distribute Internet Explorer to its 14 million subscribers; that agreement may expire on January 1, 1999. A deal to divide Netscape with...
...talks may become a vindication of Microsoft's central claim -- that you can't regulate an industry that turns topsy-turvy in a heartbeat. Meanwhile, such a deal couldn't come at a better time for Netscape, which has been struggling financially for three quarters but has seen its stock more than double in the past month. Antitrust, it seems, can be very good for business...