Word: chip
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Dates: during 1980-1989
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...heaven's eyes, the "foolish" man finally moved the mountains. Faced with a conservative backlash that has blocked his political and economic reforms since January, Deng Xiaoping, the current master of China, appears to be writing his own version of Mao's parable. Deng has resolutely continued to chip at the mountainous obstacles to his reform program. As a result, reformers seem to have regained the upper hand and positioned themselves for further advances at a crucial Communist Party meeting scheduled for October...
Moreover, most forecasters agree that the expansion still has a way to go. Says Alan Greenspan, a New York City-based economic consultant: "We are going to slug along." The consensus forecast of 51 economists and institutions surveyed in the Blue Chip Economic Indicators newsletter is that GNP will rise 2.5% this year and 3% in 1988. The Administration maintains its own optimistic forecast: 3.2% growth for this year...
There are days when it does not pay to show up for work. But sometimes it pays plenty. When Purcell, Graham, a blue-chip London brokerage house, opened for business last Monday, about half its 120 brokers were absent. By day's end it seemed that many had skipped to a nearby rival, Cantor Fitzergald, which is rumored to have offered to double the defectors' salaries...
Half the time you won't catch Winifred minding the firm. She could be in the kitchen baking brownies or chocolate-chip cookies. Or she could be in the fiber-glass hothouse picking peas, pulling chard. She might be off on her bicycle feeding cows. She may have gone to town to fetch dry goods. She is a firecracker in a pair of bluchers, a woman the shape of a cigarette, with energy to burn. Winifred runs to get a drink of water. "I have no real hours," she says. "If I'm here, fine. If not, tough luck." Calling...
...sales will gain momentum when the world's No. 1 computer maker begins summer shipments of four new models using the Intel chip. Once the machines get their full complement of software sometime next year, they are likely to set new performance standards. But customers no longer hold their breath for the latest gear with IBM's distinctive blue markings. Even though buyers knew for much of 1986 that IBM was readying the new line, "they needed new machines and were not going to wait around forever," says Bill Lempesis, a Dataquest analyst. While some settled for deeply discounted older...