Word: fasting
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Dates: during 1980-1989
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...machines used by Big Business and Government. While IBM is still the biggest in the $18 billion market, with a 17% share, Massachusetts-based Digital Equipment (fiscal 1987 revenues: $9.4 billion) has moved up swiftly with its VAX model by selling machines twice as fast as IBM's at about half the cost. Hoping to retaliate, IBM developed a minimainframe computer, the file cabinet-size 9370, which was dubbed the "VAX killer," a rare signal of Big Blue's anxiety about a smaller competitor. But IBM's new machine has lacked sufficient software to be fully competitive against...
...negative, are merely first-take snapshots of how the candidates would perform as President. That is the one defense of the long and laborious campaign: the voters -- and, yes, the press -- keep on learning. And now the time has come to start winnowing the field as the all-too-fast caucus and primary season begins in earnest next week...
...moment. The bagel has gone mainstream. Dense and chewy, with a shiny golden brown crust and a center hole, this round Jewish-Eastern European roll has long been a breakfast favorite primarily in New York City and along the Atlantic seaboard. Now it is increasingly appearing on fast-food menus and in the freezers of supermarkets well beyond its ethnic boundaries. Two giant firms have moved into the frozen-bagel business in recent years: Kraft, which owns Lender's, the first and largest producer of frozen bagels, and Sara Lee, which has a line of its own. But primary credit...
...another face in the rogue's gallery of corporate raiders, the types who bad-mouth managers but seldom seem to spend an honest day's work trying to renovate the companies they attack. Yet lo and behold, this widely feared raider is proving a breed apart from the other fast-buck operators. He rolls up his sleeves. Icahn, 51, is a quick learner who is imposing his no-frills ethic on some of the largest and most troubled U.S. corporations. Right now, the unflappable Icahn (estimated net worth: $700 million) is simultaneously juggling three daunting turnaround projects: the born-again...
...Among the hunter's trophies: American Can, Simplicity Pattern, Hammermill Paper and Marshall Field. It is a display that would make many of his corporate victims cringe, especially the many who lost their jobs when companies were restructured as a result. Yet Icahn's headquarters is no temple to fast money, like the vaulted office of the reptilian Gordon Gekko in the movie Wall Street. Instead, it serves as a model for the unglamorous way he thinks business should be conducted. The only frill in his office is a Persian rug. Icahn manages his frenetic investment ventures with a staff...