Word: edwardes
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Dates: during 1980-1989
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Last week congressional Democrats, led by Senator Edward Kennedy of Massachusetts and Representative Augustus Hawkins of California, unveiled a formula for keeping minimum-wage earners from falling farther and farther behind the rest of the work force. They introduced legislation that would hike the minimum by nearly 40%, to $4.65 an hour, by 1990. After that, the rate would be tied to half the average hourly U.S. wage. Kennedy says it is "unacceptable" that the current minimum wage "does not permit full-time workers to provide the bare necessities for their families...
...privately, in the words of one producer, "skepticism is running very high. The money in this town is on failure." No one, however, is ready to dismiss Murdoch's bold venture. "It's well financed, it's well conceived, and it's got a guy with deep pockets," says Edward Atorino, media analyst at Smith Barney. Murdoch expects to spend $150 million over the next two years and does not anticipate making money for at least four years. "Sure, it's high risk," he says. "But it's high return. If we succeed, we're going to have an asset...
EXECUTIVE EDITORS: Edward L. Jamieson, Ronald Kriss...
STAFF WRITERS: Gordon Bock, Janice Castro, Edward W. Desmond, Philip Elmer- DeWitt, Guy D. Garcia, Lloyd Garrison, Richard Lacayo, Jacob V. Lamar Jr., Michael D. Lemonick, Sara C. Medina, Jamie Murphy, Barbara Rudolph, Michael S. Serrill, Jill Smolowe, Wayne Svoboda, Susan Tifft, Amy Wilentz...
...Wilmer Ames Jr., David Bjerklie, Elizabeth L. Bland, Kathleen Brady, Robert I. Burger, Howard G. Chua- Eoan, Tom Curry, Nelida Gonzalez Cutler, Sally B. Donnelly, Andrea Dorfman, Helen Sen Doyle, David Ellis, Kathryn Jackson Fallon, Mary McC. Fernandez, Cassie T. Furgurson, John E. Gallagher, Nancy R. Gibbs, Lois Gilman, Edward M. Gomez, Christine Gorman, Rodman Griffin, D. Blake Hallanan, Janice M. Horowitz, Jeanette Isaac, Carol A. Johmann, Sinting Lai, Daniel S. Levy, JoAnn Lum, Katherine Mihok, Emily Mitchell, Lawrence Mondi, Christine Morgan, Adrianne Jucius Navon, Jeannie Park, Michael Quinn, Barry Rehfeld, Theodore P. Roth, Megan Rutherford, Andrea Sachs, David Seideman...