Word: 1980s
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Sharp got its flat-screen focus from Katsuhiko Machida, the company's president, who for years fretted that his outfit was doomed to be a second-tier player. When he ran Sharp's television business in the 1980s, Machida says, the firm had trouble competing because it didn't manufacture the most important TV component, the cathode-ray tube. Forced to cobble together parts bought from competitors, Sharp was little more than an assembler, cranking out sets that were always a little too expensive and a little too poorly engineered to attract many customers. It was a dispiriting struggle, says...
Ugandans learned their ABCs before other Africans. That's ABC as in Abstinence, Being faithful and using a Condom. The east African nation was at the center of the aids pandemic when it began in the 1980s - and was the first African country to fight the disease seriously. The ABC approach has helped cut the hiv rate in adults from more than 15% in 1990 to just under 7% today. Has the Ugandan government now forgotten its alphabet? A group of Ugandan and Western organizations and a senior U.N. aids expert claim that Uganda has over the last year allowed...
...placing a rifle next to a corpse for dramatic effect - from Gettysburg. And Witness does not make fussy distinctions between "art" photography and "news" photography. Social documentarians Lewis Hine and Dorothea Lange mingle with Gilles Peress, James Nachtwey and Luc Delahaye, who made their names on battlefronts during the 1980s and '90s. Nachtwey's picture of a man staring up at one of the smoking World Trade Center towers perfectly renders the initial astonishment before it turned to horror. Letizia Battaglia, who risked her life to photograph the Mafia in Sicily, is treated with no less respect than exemplary...
...Avenue International Value Fund. Indeed, there's no more reliable way of earning dismal long-term returns than betting on what's hot. Consider some of the many ill-fated outbreaks of investor madness that have gripped Asia in recent decades: the giddiness over Japanese stocks in the late 1980s, the Hong Kong property bubble of the 1990s, euphoria over Chinese red chips in 1996-97 and the mad rise of Thai banking stocks before the carnage of the 1997-98 Asian financial crisis. Today, as always, there are pockets of mania that could end in mayhem, from the Shanghai...
...their popularity lasted through the 1960s. But General Mills (as in cereals, not woolens) acquired the brand in 1969 during one of corporate America's periodically insane conglomerate phases and decided to combine Lacoste with another brand, Izod. The company got lucky, riding the preppie fashion wave in the 1980s. Then, desperate for sales growth, Big G cheapened the shirt, reduced the price to $35, and sold it everywhere, even to low-end stores like Wal-Mart. "They ran it into the ground," says Courtney Reeser, managing director of Landor Associates, a brand-consultancy company...