By Dr. Armon B. Neel, Jr. Q. My doctor wants me to start taking a statin drug and has prescribed Lipitor. I am a 79-year-old male and, according to the doctor, in great shape for my age. (Every morning I ride my bicycle to the church gym, where I walk two miles on the track.) I don’t take any medications
When it rains, it pours, the saying goes, and lately upbeat economic news has been falling on President Clinton like cats and dogs. Consider, for example, the evidence of economic turnaround that came on just a single day — Friday, December 3. For starters, the U.S. Labor Department reported that the nation’s unemployment rate plummeted four-tenths of a point in November to 6.4 percent, the biggest one-month improvement
No one in the nation’s capital — or anywhere else, for that matter — can say with any certainty exactly how Nafta would affect the United States. This much is clear: Over time, by eliminating most tariffs and other trade and investment barriers dividing the United States, Canada, and Mexico, Nafta would create the world’s largest free-trade zone — a mammoth market of about 370 million consumers with $6.5 trillion in annual economic output. But
Franchising has come a long way from the days when Ray Kroc sold his first McDonald’s restaurant and Col. Harland Sanders set out to share his “11 secret herbs and spices” with others — for a share of the profits, of course. Kroc is long gone, though McDonald’s Corp. has grown into a multinational powerhouse that’s all but synonymous with American fast food.
A little more than a year ago, Daniel Patrick Moynihan took to the floor of the U.S. Senate to push a diabolically simple plan to give the nation’s faltering economy a much-needed jolt. His proposal: to reduce, in one fell swoop, the tax burden on 132 million low- and middle-income Americans and six million businesses, thereby fueling consumer spending
“The first essence of journalism is to know what you want to know.” John Gunther once wrote. “The second is to find out who will tell you.” Gunther, who died in 1970, was one of the 20th century’s most ambitious and prolific journalists: He knew what he wanted to know, found out who would tell him, and told the rest of us in Inside Europe, Inside U.S.A.,
START WITH A BANG, GO OUT WITH A WHIMPER. When Dwight Schar’s NVHomes launched a hostile takeover bid for Ryan Homes on September 29, Ryan’s executives weren’t exactly pleased. They turned to the proverbial poison pill, outfitted themselves with platinum parachutes, and denounced Schar’s bid as “illusory, misleading, and unlawful.” They called NvHomes’s $45-a-share tender offer “inadequate” and urged
Where’s the capital capital of the world? Just ask Luther Hodges, the president of National Bank of Washington. Two years ago Hodges put together a syndicate of nearly 100 investors and orchestrated the acquisition of NBW from the United Mine Workers. The biggest chunk of capital for the deal came from an investor in Riyadh, Saudi Arabia.
“I don’t know where I’m going,” O. Roy Chalk once said. “I just know I’m going.” Chalk’s still going as he nears 80, this time into the off-site storage business. His latest venture, File-A-Way Storage, will utilize something he’s got plenty of: empty space.
Kris Kristofferson’s Coolest Concert Ever
Kris Kristofferson’s career as a singer-songwriter spans nearly 50 years, and his career as an actor nearly that, so it saddened me a little to learn that he’s struggling just a bit with memory loss. “I wish my memory weren’t so bad,” Kristofferson, 77, told Fox News on November 4, following a screening of the indie film “The Motel Life,”
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