Word: brinks
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...within a cricket's whisker of defeat in 1984, Disney has come chirping back. Cheerleading a staff of go-team-go executives, Chairman Michael Eisner, 46, and President Frank Wells, 56, have pulled off one of the most dazzling corporate turnarounds since Lee Iacocca steered Chrysler back from the brink. Says Sid Bass, the Texas billionaire whose family has earned a paper profit of more than $800 million as the largest investors in Disney: "This is an incredible group of leaders. The hours they work are extraordinary, but they're having a ball...
...novelist's themes are heavy. But the novelist's touch is light. Throughout his adventures, which bring him to the brink of tragedy on several occasions, Bechstein remains amused and amusing...
...Texas, troubled banks are becoming almost as common as tumbleweed. Last week Dallas-based First RepublicBank, the state's largest bank holding company (assets: $33.2 billion), skidded to the brink of failure and was forced to go, ten-gallon hat in hand, to the U.S. Government. Within two days the Federal Deposit Insurance Corporation advanced $1 billion to keep First RepublicBank's 73-member banks in business. At the same time, Houston's ailing First City Bancorp, the fourth largest banking company in the state, reported that its plan for returning to financial health was in jeopardy. The problems encountered...
Living virtually without rain in a country that is 97% desert, Egyptians depend on the world's longest river for irrigation, electric power, drinking water and transportation. Now, after a decade of drought that has left parts of central Africa on the brink of starvation, the Nile is running perilously low. For the first time since the Aswan High Dam was finished in 1970, serious shortages of water and hydroelectric power threaten Egypt...
WORLD: A thwarted coup in Panama pushes Noriega toward the brink...