Word: year-end
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...half-century, it's been that way at Lincoln's headquarters--guaranteed lifetime employment for all full-time workers who have been there at least three years. And that doesn't mean, by the way, that Lincoln is some Rust Belt relic of the 1950s. Thanks to its fabled incentive-compensation plan--which, instead of an hourly salary, pays assembly-line workers based on how much they produce, plus a year-end bonus (hence the grading)--Lincoln is a model of efficiency...
...love being a fan. I love losing myself in a crowd, shouting myself hoarse and feeling exhilarated with a win and blue with a loss. I love saying "my team" when I've never met the players. In high school, when they announced the year-end awards for social life, I rightly took home "Most School Spirit." I had been the basketball fan with the basketball for a hat and the painted face who led the basketball crowd in "the wave." I was a bona fide...
Both strategies may work. And that could lead to an unprecedented holiday season with not one but two hot gifts to grab, each in short supply. Each company hopes to release at least 1.5 million units by year-end--a million more than the number of PlayStation 2s that were available last Christmas, assuming the two can avoid the kind of chip shortage that bedeviled Sony. From the retailer's point of view, "it's like having a ticket on every horse in the race," says Joe Firestone, CEO of Electronics Boutique. Looks as if we have a winner already...
...most recent money flow statistics for mutual funds suggest that Europe's retail investors are scaling back their investments and may even be pulling out. Why? "Retail investors have tended to be momentum investors," says Saunders. Equity funds did not do very well last year, and investors who have seen losses on their year-end statements are just retreating in disgust. In other words, they're fighting last year...
...that's a gross oversimplification. (Without gross oversimplification, there would be no sitcoms.) But the business of TV comedy has fallen, and hard, since Jerry Seinfeld poured his last bowl of cereal. As recently as 1996-97, the year-end Nielsen ratings listed seven sitcoms in the top 10. Today there are two: Friends and Everybody Loves Raymond, which are seven and five years old, respectively. New comedy hits--Will & Grace, Malcolm in the Middle--have been rare. Last fall's one debatable success, CBS's Yes, Dear, was scheduled between established hits. Familiar names (Michael Richards, John Goodman) landed...