Word: canyons
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...annual meeting: "We are emphasizing established business lines of demonstrated profitability." Despite ambitious efforts to find new oil, however, Exxon's results have been mixed. Since 1978 its oil reserves have dwindled 13%, to 7 bil lion bbl. In the meantime, costly drilling in the Baltimore Canyon and in the Destin Dome region of the Gulf of Mexico has turned up a discouraging number of dry holes. Wall Street stock analysts think that other oil companies may have greater growth potential, and the price of Exxon stock has plummeted 40%, to $27 per share, since November...
Cooney began to work for his $10 million in toasty Palm Springs, Calif, (to simulate the dry, hot climate of Las Vegas), under a gleaming white tent pitched behind the Canyon Hotel. At suppertime the parking lot was still steaming. The challenger appeared for his ring work every evening at 5 o'clock, to a tape of George Benson's mellow ballad The Greatest Love of All. Said Cooney dreamily: "Listen to the words." As his dainty hands were being double-bandaged by Trainer Victor Valle, the fighter sang along: ". . . Let the children's laughter remind us how we used...
...seldom turns off the TV set in his Coldwater Canyon house in Beverly Hills. But TV dramatic shows make him wince because their makers are so clearly contemptuous of their audience. Actually, he says, audiences are very sophisticated about film, so that making a movie like Raiders is like "some kind of kinetic chess-if you don't stay five moves ahead of them, you're dead...
...people travel? Judge it first, dispassionately, by its trophies. The tourists at the North Pole had cameras. Their slides from the adventure will be more exciting than millions of others to be assembled this season from the Grand Canyon and Peking and Machu Picchu and Nice...
...entirely. Next door to the ranch, Mel, the hard-driving relaxer, is tearing up the desert to make room for a Canyon Ranch town-house development...