Word: share
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Dates: during 2000-2000
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...codes, man's and nature's alike. The scientific high point of the year--if not of all intellectual history--was the decoding of human DNA, announced with much fanfare at the White House in late June by two scientists, J. Craig Venter and Francis Collins, whose agreement to share the credit and a podium was all the more remarkable because they can hardly stand to breathe the same air. Passions were no less intense on the Internet, where the music industry fought a rear-guard action against the forces--and free music--unleashed by an 18-year-old named...
...markets, for whom things look plenty dire right now, are expecting just that, and have already begun the process of pricing in a quarter-point cut. That'll help share prices in January, which could help raise consumer spirits and eventually get businesses borrowing and growing again. But the effects of rate cuts - and any tax cut Bush can slide through - will be strictly psychological for the better part of a year...
...could read it that way. His comments prominently mentioned a reverse wealth effect stemming from falling share prices. "Weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending," Greenspan warned. Such softening could, in turn, lead to a recession--clearly something the esteemed chairman of the Federal Reserve would want to head...
...entitled to a piece of the PGA's profits, as reported in Robert Sullivan's piece "Show Them the Money" [BUSINESS, Dec. 4]. Sure, the PGA is making money off Woods' talent, but he is earning dough by playing in PGA tournaments. And if he's entitled to a share of the profits, why doesn't Woods take it a step further and request a payoff from the television stations that broadcast the matches? And how about a cut from the electric companies that supply the power to TV viewers who watch the most boring sport on the planet? TERRENA...
...REBOOT, RECYCLE Anyone who finds a PC under the tree this year faces the question of what to do with the now outdated box. You can convert that old PC into a write-off rather than a doorstop--provided it's not too ancient. Groups like Share the Technology match PC donors with worthy charities. Or, for $29.99 IBM will take your PC and fix it up for a charity or recycle...