Word: brawl
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When Ross Johnson, flamboyant head of RJR Nabisco, lost his bid for control of the giant food and tobacco company in a $25 billion leveraged-buyout brawl last year, he also lost his job. Last week RJR's new owner, the buyout firm Kohlberg Kravis Roberts, announced its surprise choice for Johnson's replacement: Louis Gerstner, 47, marketing maven and president of American Express...
Georgetown is like Harvard Square, only more crowded. It is cluttered with lots of boutiques and gourmet food stores. At night, hordes of college students descend upon the bars and restaurants and turn the whole area into a drunken brawl. Sports fans, don't miss Champions, a bar noted for its vocal support of the Redskins and the Georgetown Hoyas...
...quite. Opponents of boosting the 9.1 cents-per-gal. federal tax are gearing up for a fierce lobbying brawl. On one side stand the influential but unorganized advocates of the gas-tax increase, who range from Federal Reserve Chairman Alan Greenspan to Illinois Democrat Dan Rostenkowski, chairman of the House Ways and Means Committee. They argue that a gas-tax boost -- the proposals span from about 7 cents per gal. to 50 cents -- would be simple to administer and would bring a gusher of new revenues. As fringe benefits, the tax would help the environment and the U.S. trade position...
BUSINESS: Fueling up a gas- tax brawl...
Officials called it an "isolated incident" when a brawl between African scholars and university security guards in Nanjing two weeks ago sparked street protests by Chinese students. But charges that the foreign students were beaten and tortured surfaced in Nanjing last week, and that ugly episode was followed by further anti-African demonstrations. The outburst of racism has stirred international concern and exposed a fissure in the special relationship that China once enjoyed with African nations...