Word: bigs
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Dates: during 1970-1979
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Wendy's intends to stick with its limited line of hamburgers and chili, though some industry experts believe that this will make the company especially vulnerable to the rise in beef prices. Whatever strategy the chains choose, they are already on the edge of the frying pan. The big problem for the years immediately ahead will be to stay out of the fire...
...banks to lend out so many billions of dollars that the world is awash with them, and their value has been tumbling. Nobody knows how Turkey Zaire, Peru and many other impecunious countries will ever pay back their loans to Citibank, Chase or the rest of the big U.S. lenders. The debtor countries, pleading poverty, could indefinitely defer repayment. Then the Federal Reserve Board would have to cover those bad debts, meaning that the U.S. taxpayer would finance the bailout. Says Zombanakis: "We have created a system in which almost the entire debt of the world rests on the Federal...
Seiji Ozawa dreams big. "I am Japanese," he says. "But I was born in China. Somehow I became a Western musician. My dream has been to come to China, me and the Boston Symphony, to play and teach and learn." Last week a Pan Am 747 with 157 people and 35,000 Ibs. of baggage, musical instruments and equipment touched down in Shanghai. B.S.O. Conductor Ozawa hurled himself forward to meet the weary orchestra, which he had preceded into the country...
...some 15 million years old) of the 132 islands of the 50th and southernmost state. Maui County attracts more visitors than any other of the islands (1,414,867 in 1978, up 12.5% over the previous year). Oahu (Waikiki Beach, Pearl Harbor) is seriously overbuilt and overcrowded; Hawaii ("the Big Island") is famed for its volcanoes and rugged natural beauty but has few beaches and little action for the tourist; Kauai has great, uncrowded, golden beaches and a lush interior but not much else; Molokai also has superb beaches, but only one hotel and an arid interior...
...which it was heard; in 1928 the owner approached Paley's father and offered to sell. Sam refused, but Bill, who had $1 million in his own account, grabbed the bargain, a measly $503,000, and ran. UlB's problem, he recognized, was that it was not big enough. He reorganized, offering greater inducements to affiliates, and within the space of a few months increased the network from 16 stations to 49. Along the way, it was renamed...