Word: consumerized
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Dates: during 1980-1989
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In some cases, U.S. companies have abandoned markets in which they lost their competitive edge, so Americans have little choice but to buy foreign. The most hopeless case is consumer electronics, in which Asians control the market not only for established products (videocassette recorders, stereos) but also for new ones...
On both sides, the twelve-year Olympic hiatus has heightened the mystique of the competition. For American athletes -- and even more for American fans -- distance and legend have transformed the Soviets into supposed supermen and super-women, selected when barely out of the cradle and taught like emotionless automatons to...
Bird objects that her adversaries are doing more than ringing doorbells. "They are pushing emotional buttons," she complains. Two other liberal supreme court justices, Joseph Grodin and Cruz Reynoso, are also under conservative pressure this year, although polls show that both of them are faring better than the chief is...
The bolder the reach, the more it suits him. Sanford Weill, who resigned as president of American Express in 1985, has since made daring but unsuccessful bids to take over BankAmerica and the consumer-loan subsidiary of Manufacturers Hanover Trust. Last week Weill's persistence paid off. Commercial Credit Group...
Takeshita's task was made easier by an abrupt turnaround in the balance of trade between the two countries, another source of irritation to Beijing. In 1985 a flood of Japanese consumer goods into China ballooned trade between the two nations to $19 billion, with Japan enjoying a $6 billion...