Word: cautiously
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...moved easily into a rapport that, as a senior Administration official later put it, "expressed the will" to make progress at the November summit, the first such U.S.-Soviet meeting since 1979. That accomplishment, said Shultz afterward, helped to make the meeting "productive." The Soviets were a bit more cautious: the private session, they said, had been "interesting," "useful" and "frank...
Corporate executives, however, have been anything but cautious. Beginning with a spate of billion-dollar oil-company buyouts in 1981, the merger wave has rolled over virtually every industry. This year alone, acquisitions have produced the largest U.S. gas distributor (Internorth-Houston Natural Gas), a medical giant (Baxter Travenol-American Hospital Supply), a vast food-processing concern (Nestlé-Carnation) and one of the mightiest high-technology combinations (Allied-Signal). Last week even brought a proposed sports marriage between the New Jersey Generals and the Houston Gamblers of the U.S. Football League. The number of megadeals this year could wind...
...especially during the peak-intensity hours of midday. For those who cannot resist its lure, doctors urge the use of sunscreens designed to block ultraviolet radiation. People who have already had a basal-cell carcinoma run a 25% risk of developing another and must be especially cautious. Last week Reagan admitted that this advice was "a little heartbreaking ... because all my life I've lived with a coat of tan, dating back to my lifeguard days...
Indeed, divisions within the Administration on arms control are continuing through the pre-summit maneuvering. Last week, Arms Control Adviser Paul Nitze expressed cautious interest in a Soviet proposal for a freeze on intermediate-range nuclear missiles, such as Soviet SS-20s targeted on Western Europe, and U.S. Pershing II and cruise missiles in Western Europe capable of hitting the U.S.S.R. The proposal is unacceptable because it would leave the Soviets with a huge lead, Nitze told reporters, but at least the Soviets are now willing to include missiles in Asia as well as Europe in the freeze. At about...
Nonetheless, newspaper-industry experts remain cautious about USA Today's long-term strength. If circulation does not rise substantially over the next two years, the paper will not be able to charge the higher advertising rates that are needed to break into the black. (A full-page, four-color ad now costs $31,000, compared with $75,000 for a black-and-white page in the Wall Street Journal.) "The challenge facing USA Today is to get the circulation to 2 million or above," says John Morton, a newspaper analyst at Lynch, Jones & Ryan, a securities firm in Washington. "Gannett...