Word: fibers
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Dates: during 1980-1989
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...year. The deficit, which could run as high as $1.7 billion, will be the result of AT&T's decision last week to scrap $5.6 billion worth of outdated equipment. In a drive to modernize, the company is replacing 2 billion miles of telephone connections with higher-capacity fiber-optic lines. AT&T will also install more digital switchboards and other advanced gear, which will eliminate 16,000 jobs. In the fourth quarter alone, the cost to the company will be $6.7 billion...
Competition from rivals MCI and Sprint hastened the move. Both companies can undercut AT&T's tolls on long-distance calls because their networks use fiber- optic cable almost exclusively. The light-wave lines, which transmit a signal faster than ordinary cables and produce clearer sound than satellite communications, form less than half of AT&T's telephone grid...
...meet its obligations, Manville must squeeze every possible dollar out of its sales of fiber-glass insulation, forest products and industrial goods. During its bankruptcy, Manville slashed costs and reduced its 26,000-worker payroll by 8,000 employees. The firm shut down its asbestos mine, trimmed money-losing subsidiaries, and sold its headquarters building near Denver...
...secret is in the feed," says May, though he declines to name the magical ingredients. "It has nothing to do with chemicals or drugs," he insists. Nor is it dietary fiber. "It's a natural substance added to the hens' diet." Even though at as much as $2.89 a dozen they can be double or triple the price of their conventional counterparts, the Rosemary Farm eggs are hot sellers at the California stores where they are available. The farm's production is too small to serve a national market, but other low-cholesterol eggs have already been developed by Full...
...Industries, says she wouldn't hesitate to order chocolate tortes or cheesecake when treated to a business lunch. "Since I'm not paying, the calories don't really count," she rationalizes. In Chicago, Donna Needy, 41, a casualty-company exec, begins each weekday with a healthy dose of high-fiber Metamucil powder and follows up with a strict 900-calorie diet. But, she confesses, "the 900 calories can be anything: ice cream or Fannie May lemon butter creams...