The harder they fall
Article Abstract:
Overbuilding has resulted in a glut of office space in virtually every British and North American city. Building values have fallen, making it difficult for owners to pay off bondholders and mortgages. The slump has made a buyer's market, but few have enough cash to take advantage.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Against the wall: IBM's embattled chairman wields the axe in a bid to reverse the computer giant's sagging fortunes
Article Abstract:
IBM Chmn John Akers announced that the computer company will likely lay off 25,000 employees to prevent further losses. The company's structure has previously been criticized because of its unwillingness to adapt to market conditions.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Shifting fortunes
Article Abstract:
Canadian investors are buying mutual funds at a rapid pace. At the end of 1992, Canadians had purchased $67 billion invested in mutual funds, compared to just $4 billion in 1980.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Web radio changes tune of broadcasters. Springtime for hackers and computer viruses
- Abstracts: A new capital for the Arctic; the town critics call 'sin city' of the North will play a key role in a new Intuit homeland
- Abstracts: The great Canadian debit game; how people can stop worrying and learn to love the deficit. Whose Games are they?
- Abstracts: Easy rider: Dan Aykroyd comes home to reignite the Arrow legend. Rock on a roll
- Abstracts: Priscilla de Villiers: an advocate for life. A walk on the wild side: Laura Secord warned the British of an American attack