Word: traded
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Dates: during 1990-1999
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This week, with Congress having for now killed campaign finance reform, McConnell and other Republicans will get on with other business, such as an amendment to an African trade bill that would allow apparel produced in the Caribbean Basin to enter the U.S. duty free, provided it is assembled from U.S. fabric...
Fruit of the Loom's favorite trade bill has led to a rare split between Kentucky's two conservative Republican Senators. While McConnell is expected to support the tariff cut, his colleague Jim Bunning has no intention of backing the measure. Asks Bunning: "How many more jobs do we have to lose until we wake up and smell the Caribbean coffee...
...well if the Castano group prevails in suits the lawyers have filed on behalf of five cities against the firearms industry--the new frontier of class-action litigation. Sources tell TIME that Hugh was one of several lawyers who began negotiating a possible settlement with a gun-industry trade group earlier this year. Robert Ricker, former head of the group, said Hugh helped arrange a White House meeting in early May with Lindsey, domestic-policy adviser Bruce Reed and others. "He took me aside once and told me he'd...filled [the Clintons] in on the status of the talks...
...shots. For instance, they're insisting that many start-ups pay in advance. "Everything's sold out," says Fred Reynolds, chief financial officer of CBS, which in addition to its TV empire owns a vast collection of radio stations and billboards. Though most of the old media won't trade ads outright with the dot.coms--the kind of bartering that takes place all the time in cyberspace--they will use the slots as currency. Rather than pay with stock or cash, CBS has swapped nearly a billion dollars in ads and promotional opportunities for sizable equity stakes in start...
Madison Avenue, while enjoying the skyrocketing demand, can barely keep pace with it. Agencies that used to take two to three months to craft a corporate identity are being asked to create a winning, edgy commercial in just over a week. Online brokers Ameritrade and E*Trade, which are both in the middle of hundred-million-dollar ad campaigns, have led the way in using irreverent humor to get their message across...