Word: fiercer
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...1990s, the challenges of freedom and diversity aren't going away," Moses predicts. "In fact, they'll become fiercer...
...Charles Brumback, chief executive of Chicago's Tribune Co. Either way, Brumback is a heavyweight champion of union busting. Five years ago, the Tribune declared war on its organized labor and, after a bitter strike, effectively broke it. Last week Brumback's company was locked in an even fiercer and more far-reaching strike by nine unions, which management had done its share to provoke, at the media giant's troubled New York Daily News...
Among turnaround artists, the competition to advise the creditors of bankrupt companies has grown fiercer by the week. To gain the confidence of prospective clients, even the best-known advisers must often work for months without being formally hired. The day after Drexel declared bankruptcy in February, some of its major creditors sought help from Wilbur Ross, a senior managing director at Rothschild Inc., a top workout firm. Ross agreed to represent half a dozen large bondholders, who held a total of $100 million in Drexel notes, without a retainer in order to win their business. Says...
Provided they can get away with it, that is. Opposition to drug price hikes is growing fiercer, and includes some hefty corporate nay-sayers. General Motors, which spent $264 million in 1988 on prescription drugs for its employees, has been meeting with drug-company representatives to discuss cost containment. Though the talks are friendly, Thomas J. Morr, general director of employee benefits for General Motors, warns, "If we continue to increase our drug expenditures by 33% per member of our work force, as we did in 1989, we will have to consider more creative ways to cut costs...
...yearlong probe has unearthed evidence of alleged wrongdoing by high-level Internal Revenue Service officials in the past five years and an attempted cover-up by the agency's image-conscious leaders. -- The cable-television industry faces fiercer competition. -- Computer genius Seymour Cray breaks away from the company he founded...