Tag: decades

Microsoft Dominated This Business for Decades. Google May Have Just Given You a Reason to Switch

The word processor is one of the most fundamental pieces of productivity software. It’s where we put ideas down on paper, at least virtually. It’s where we capture thoughts and organize them into memos, letters, papers, or books. The same is true for the spreadsheet, which allows us to organize, analyze and make sense of data. 

Microsoft’s Office suite of productivity tools has been the default choice for millions of businesses, schools, and organizations for decades. More than 258 million, at that. Add to that another 40 million individuals who subscribe, according to the company’s most recent quarterly earnings report.

Then, Google came along with G Suite, offering Docs, Slides, and Sheets as an alternative to Word, PowerPoint, and Excel. There are, of course, a handful of other tools in each, but the point is that Google now offers an answer to just about every Microsoft Office product. 

It’s actually

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Chester City creates another plan to revitalize its waterfront after decades of financial stress

Economically depressed Chester City has approved yet another plan to revitalize its waterfront — an ambitious rework that could take as long as 15 years.

a store inside of a machine: Harrah's Philadelphia Casino and Racetrack opened in Chester in 2007. It's one of the largest employers in the city.

© JOSE F. MORENO/The Philadelphia Inquirer/TNS
Harrah’s Philadelphia Casino and Racetrack opened in Chester in 2007. It’s one of the largest employers in the city.

“Chester is a tight-knit community full of character and heart,” Tom Shoemaker, president of the Riverfront Alliance of Delaware County (RADC), the group heading the master plan, said in a statement this week. “This plan outlines the strategy to safely connect the riverfront to the city and provide new opportunities for growth and development.”

The plan, based on input from city officials, businesses and residents, aims to improve how people get to Chester and navigate the city by allowing greater access to cyclists, pedestrians, and public transit.

Eventually, the RADC said, it expects to construct a marina, park, and multifamily

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Epic Records’ Sylvia Rhone Talks Four Decades in the Music Business

Sylvia Rhone smashed the C-suite ceiling long before such buzz words as diversity and gender parity came into the lexicon. In 1994 at the age of 42, she was running a major record company as chairman and CEO of Warner Music Group’s Elektra (Metallica, Missy Elliott and Natalie Merchant were among the hit artists on the roster at the time). She was already being recognized with such descriptors as “first woman” and “only African American” to hold such a title. A decade later, she would take the chief executive position again at Universal Motown (Akon, India.Arie, Erykah Badu). And for the three-peat, Rhone would ascend to chairwoman of Epic Records, home to Travis Scott, Camila Cabello and DJ Khaled, among others, in 2019.

To hear Rhone tell it, her current role at the Sony Music label outshines her previous accolades, as trailblazing as they were. “It’s profoundly more significant now

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3 Cheap Stocks You Can Buy and Hold for Decades

Even with the recent pullback, the stock market remains near all-time highs. There aren’t many stocks with attractive valuations. Of those, quite a few aren’t the kinds of stocks you’d want to touch with a 10-foot pole.

That doesn’t mean that there aren’t some appealing stocks available at bargain prices, though. Here are three cheap ones that you can buy and hold.

Three arrows stuck on a target next to a target with a dollar sign in front of it

Image source: Getty Images.

1. AbbVie

AbbVie (NYSE:ABBV) shares trade at only 7.4 times expected earnings. The big pharma stock is available at a discount primarily because investors aren’t sure how AbbVie will perform once its top-selling drug Humira begins to face biosimilar rivals in the U.S. beginning in 2023.

But there are plenty of reasons to feel pretty good about AbbVie’s prospects. The company already has strong successors to Humira on the market. Rinvoq won Food and Drug Administration (FDA) approval last year for treating rheumatoid arthritis,

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It took decades to build Mexico’s middle class. The coronavirus could demolish it

Monica Cardenas Leal was living the Mexican dream.

As her once-sleepy hometown of Querétaro transformed into an international hub of the aerospace industry, Cardenas grew with it. The daughter of a carpenter who worked multiple jobs to put food on the table, she graduated from a state aeronautics university and went to work for a Spanish firm assembling parts for Cessna jets and Sikorsky helicopters.

Her $500-a-month salary lifted her family into Mexico’s middle class.

She and her truck-driver husband took beach vacations and bought a house in the suburbs. Their children, outfitted in name-brand sneakers and braces, aspired to careers in architecture and psychology.

The coronavirus threatens to undo all of that.

Monica Cardenas now spends her days looking for a new job. “It’s overwhelming,” she says.  (Gary Coronado / Los Angeles Times)

The pandemic has driven Mexico into its deepest economic downturn since the Great Depression, with

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