Word: flagship
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...market peaked in August, the assets of equity-based mutual funds have fallen 21.1%, from $234.3 billion to $185 billion. That was a slightly worse showing than the market as a whole, as measured by the Standard & Poor's Index of 500 stocks, which fell 20.9%. Fidelity's flagship Magellan fund, worth $12 billion in August, has shed 31% of its value. Pioneer II, a $4.4 billion fund three months ago, has lost...
...miles northeast of the island nation of Bahrain and fully 40 miles south of the main war zone. A frigate of the Perry class, the smallest combat vessels in the U.S. Navy, the Stark was steaming alone. The closest ship was 35 miles away. The U.S.S. LaSalle, the flagship for the seven warships operating in the gulf, was in port in Bahrain...
...Jennings -- fear they may be losing some of that hold. Besieged by budget cuts and competition, the news departments are going through a period of turmoil that is urgently forcing them to re-examine how they go about keeping Americans informed. Though most executives insist the quality of their flagship news programs will not be affected, many are not so sure. Says a CBS Evening News producer: "There comes a point when a worldwide newsgathering operation stops being a worldwide newsgathering operation...
...from cable and local stations, CBS, ABC and NBC are re- examining how they go about keeping Americans informed. The sharpest knife is being wielded at cbs, where more than 200 are being fired. Throughout the turmoil, network executives are most concerned about the quality -- and direction -- of their flagship evening news programs...
There is more to running the flagship of democracy than just knowing how to style one's hair, of course. Other grooming habits are equally important. A presidential candidate may not wipe his nose with his hand, for example, especially on television. Richard Nixon did not wipe his nose with his hand during his famous Checkers speech. He immediately gained widespread support...