Word: co
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Dates: during 1980-1989
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...products before his company did, McKnight hired private detectives to spy on the Government. The detectives' snooping produced enough evidence of corruption to encourage the Justice Department to initiate a probe. In July, Charles Chang, 47, former head of the FDA's generic-drug division, and two co-workers pleaded guilty to accepting a total of $24,300 in illegal gifts in exchange for preferential treatment. The favored firms: American Therapeutic Inc., Bohemia, N.Y.; Par Pharmaceutical, Spring Valley, N.Y.; and Par's subsidiary Quad Pharmaceuticals of Indianapolis. American Therapeutic has not been charged so far and denies any wrongdoing...
Central to their success is a lucrative contract with the Miller Brewing Co. The deal reportedly provides most of the more than $2 million in prize money offered this season. Miller sponsors 20 of the A.V.P. tournaments. All matches are arranged by the association in cities that express an interest and have suitable facilities. Between them, ESPN and Prime Ticket, cable sports networks, air 25 tournaments on the tour, and they reputedly pay the A.V.P. handsomely for the rights to do so. Armato thinks volleyball does well on the small screen because it features "a lot of action, the beach...
...really wanted that Nintendo game." Such plaints may soon come from the mouths of adolescents. Denver's Young Americans Bank, which caters to youths, will start issuing a kids-only MasterCard this week to patrons who are at least twelve years old and can persuade an adult to co-sign. Cardholders will pay a membership fee of $15 and an 18.8% finance charge on unpaid balances, but the Kidcard's $100 credit limit seems to rule out wild shopping sprees. "This way, they build their own credit history," says bank vice president Cindy Culkin. "If they don't make...
...symbolism was as inescapable as the irony. When the five Central American Presidents gathered last week in the resort town of Tela in northern Honduras, their meeting place was a seaside compound once owned by the United Fruit Co., the U.S. multinational concern that long represented the essence of gringo imperialism in the region. There, the Presidents* negotiated the dissolution of the Nicaraguan contras, a force that to many Central Americans symbolized U.S. arrogance and interference during the 1980s. When the Presidents emerged from three days of deliberations, they had signed an agreement on a specific series of steps...
...indexes, partly because it is made up of blue-chip issues favored by relatively conservative investors. Broader market indexes including Standard & Poor's 500 and the Wilshire 5,000 had already reached all-time record levels by early August. Says Justin Mamis, chief strategist for the investment firm Cowen & Co.: "All the Dow can do now is put the lipstick on." The allure of stocks is broadening rapidly as more and more investors join the stampede, which is demonstrated by the big increase in the market's volume. The average daily number of shares traded on the N.Y.S.E. was about...