Word: dismisses
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...earlier case, Go-Video filed a new, $1 billion lawsuit last January against Sony, NEC and other Japanese companies, charging that they have conspired to monopolize global markets for such products as VCRs, digital-audio recorders and high-definition TV. Last week a federal court denied motions to dismiss the suit, clearing the way for a trial in Phoenix later this year...
...considered unlikely. U.S. officials believe Saddam's verbal blast is part of his campaign to dominate the Arab world and a hard-nosed tactic to force other oil producers to back Iraq when OPEC ministers hold their biannual summit this week in Geneva. Still, officials do not dismiss the possibility that Saddam might back his words with action...
Bush officials dismiss such fearmongering, saying the market is protected from the sort of dive it took in 1987. And despite the cries of pain, several generals in Wall Street's jihad against Darman and Brady acknowledged that they could live with a smaller increase, perhaps two-thirds of 1% of a - transaction's value, which would raise $2 billion to $3 billion a year. Wall Street knows that the only thing worse than a tax on trading is a sick economy...
Other parts of the country are also feeling a pinch. Cutbacks in defense spending have slowed the jaunty California economy. Defense contractors such as Lockheed, Northrop and McDonnell Douglas may dismiss as many as 20,000 of their 125,000 workers by year's end. And California agriculture, the state's largest industry, is suffering through the fourth year of a severe drought. "There's no engine of growth in sight," says Larry Kimbell, director of the Business Forecasting Project at the U.C.L.A. School of Management. "In the past, one sector after another took the lead in sustaining the economic...
Many critics dismiss the new generation as culture vultures. But there is another way of looking at them: as open-minded samplers of an increasingly diverse cultural buffet. Rap music has fueled a fresh array of clothing styles and political attitudes, not to mention musical innovations. A new, hot radio format has evolved to provide exposure for such urban dance-music acts as Soul II Soul and Lisa Stansfield. On television, MTV has grown from an exclusively rock-'n'-roll outlet to one that encompasses pop, soul, reggae and even disco. Like Madonna in her hit song Vogue, this generation...