Word: breakups
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Markoe and Letterman split up five years ago and no longer speak. Letterman expresses no bitterness and praises Markoe as "the smartest, funniest woman I've ever been around." Markoe, who is now writing books, says she hasn't watched Letterman's show since the breakup and "won't even talk to people about working on another late-night show. I have no interest in helping any other white man in a suit do an inventive show. Let them all find their own damn inventive shows...
Allen took charge of AT&T after the sudden death of CEO James Olson in 1988. Olson had guided the company through the painful period following the breakup of Ma Bell, when it chopped its labor force 19%, or 70,000 workers. It was Allen, though, who changed the company's lockstep culture. Going against tradition, he recruited top executives from outside, including Alex Mandl, former president of the Sea-Land ocean-shipping concern, as chief financial officer; Jerre Stead, former chief executive of electrical-equipment maker Square D, as head of the computer division; and Richard Bodman...
...never robust economy in free fall since the breakup of its sponsor, the U.S.S.R., Cuba says it will cut its military forces to save money...
...other as potential mates. "You can bet every major cable operator is talking to every phone company right now," says a cable-industry insider. Meanwhile, the deal could shatter whatever solidarity still exists among the so-called Baby Bells -- the seven regional phone companies that were created by the breakup of AT&T in 1984. Until now, each has enjoyed a monopoly on local telephone service in its own region; long-distance phone companies had to pay a hefty fee to, say, BellSouth, in order to connect to a phone customer in Atlanta. But through its new alliance...
...long-awaited trial of 12 plotters accused of staging the ill-fated coup finally began in Moscow last week. The group's defense will be that its bid for power was not an act of treason but rather a patriotic effort to prevent the breakup of the U.S.S.R. While many Russians appear ready to believe them -- or at least pardon them -- the defendants could be sentenced to death if found guilty. In Russia that means a bullet to the back of the head -- an unfunny finale to one of history's most riveting farces...