Word: claime
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Dates: during 1990-1999
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Harvard officials say they just need time to prove they have women's interests at heart. After all, they claim, under the old arrangement they had become accustomed to thinking of women's issues as Radcliffe's sphere...
...naming 40 agents to gather the facts and proposing that a reputable outsider head the new investigation. The extremely deliberate Reno would accede to all that later but seemed to be plodding two steps behind the nimbler FBI director. It wasn't the first time Freeh rushed to stake claim on the moral high ground. Reno's supporters say she deserved better...
...sense of a saturated market, take in a show in Ontario, Calif., where rivals AMC and Edwards Theatres have set up megaplexes with a combined 52 screens practically across the street from each other. While both theaters claim to make a profit, neither is happy. Apparently, though, the rest of the industry hasn't learned its lesson: developers in Chicago are building two neighboring theaters in a similar face-off. Says Jeff Blake, president of worldwide distribution at Columbia Pictures: "Building screens at $1 million each and closing theaters that aren't fully amortized has to hurt...
Most of the chains, though, claim they are feeling no pain. "We don't just redivide the pie, we enlarge it," argues Phil Zacheretti, a senior vice president at industry leader Regal Cinemas, a privately held behemoth with 4,000 screens. Yet even AMC, the aggressive, $900 million-a-year pioneer of megaplexes, based in Kansas City, Mo., is scaling down some of its 30-screen locations. "When does the big wave of capital expenditure end and we get to see some return on the investment?" asks Stewart Halpern, a senior analyst at ING Barings, who remains cautiously bullish. "That...
...triple crown of urban degradation: middle-income residents are fleeing at a rate of 1,000 a month; the murder rate has been more than three times as high as New York City's; and 1 of every 10 citizens is a drug addict. Government officials dispute the last claim. "It's more like 1 in 8," says veteran city councilwoman Rikki Spector. "And we've probably lost count...