Word: risen
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...easing veteran co- anchor Jane Pauley toward the sidelines. But in the eight months since Pauley announced she would resign from the show, after seeing her role threatened by the advancement of the younger Deborah Norville, the fortunes of Today have steadily plummeted while Pauley's popularity has only risen. Ironically, she seems to have become a bigger star while mostly sitting on the sidelines than she was when she broadcast for two hours every weekday morning. By the yardstick of public affection, in fact, she may be the hottest property NBC News...
...loan mess, investors in the U.S. and overseas have bullishly poured billions of dollars into the stock market during the past month. Last week the Dow Jones average broke the 2900 barrier for the first time, climbing 80 points and closing at 2900.97. All told, the Dow has risen 244 points since May 1 and has set record highs eleven times. The euphoria has spread far beyond the blue-chip Dow. The more broadly based Standard & Poor's 500 index rose 2.4% last week, to close at a record...
Corning gave its employees unusual freedom to think of solutions, backing off from hands-on management and organizing the staff into some 3,000 teams of up to 15 members each. One result: profits have risen 250% since 1982. "By the mid-1990s," says Luther, "we'll define good management as the ability to get out of the way." Managers at Eastman Kodak decided to let the folks on the factory floor run the professional-film manufacturing unit. In 1989 the unit, which had run $1 million over budget, came in $1.5 million under. Such feats should be ballyhooed...
...stock market threw a record-setting party last week, but many investors failed to attend. Spurred in part by a Government report that the Consumer Price Index had risen a modest 0.2% in April, the Dow Jones industrial average reached new all-time highs on Monday, Tuesday and Thursday. After a drop of 12 points on Friday, the Dow closed at 2819.91, up 18 for the week. But the gaiety was muted by the fact that broader market gauges, including Standard & Poor's index of 500 stocks, remained flat throughout the week and have shown little growth all year...
...city officials and consumers charged that local cable systems (which in nearly all cases are the sole providers of cable for their areas) have been acting like arrogant monopolies. Deregulation has "created a monster on the loose," said Edward Quaglia, mayor of Herrin, Ill., where cable rates have risen 125% since 1986. Three months ago, New York became the first state to pass consumer-protection legislation aimed at penalizing cable abuses. And last week the New York City board of estimate, in a preliminary vote, refused to renew the Manhattan franchises of two cable companies, both substantially owned by Time...