Word: fleetly
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...joke on Fleet Street that the owners of Britain's newspapers may come and go but it is the unions that run the show. And a costly show it is. Fleet Street has been plagued for years by strikes, late press runs and overstaffing. Except for the Sun, a screeching Rupert Murdoch tabloid, most London papers are either losing money or making minuscule profits...
...wonder then that Fleet Street's proprietors are trying to pare expenses by modernizing plants and cutting work forces. One owner whose efforts foundered is Lord Hartwell, whose family has run the Daily Telegraph (circ. 1.2 million) since 1928. In June Hartwell assembled a $156 million package to pay for both modern printing plants and severance for hundreds of his workers. Faced with a money squeeze this month, Hartwell sold a 35% stake to Hollinger Argus, Ltd., a Toronto-based mining firm owned mostly by Conrad Black, a Canadian tycoon whose holdings range from radio stations to supermarkets. Black...
...Many of Fleet Street's newspapers, including the Telegraph, plan to occupy larger offices and computerized plants in east London's docklands area beginning next year. Murdoch, who also owns the Times, had hoped to move his Sun and News of the World there this fall, but union intransigence delayed the plans. Robert Maxwell, head of the Mirror Group of newspapers, has been more persuasive. After threatening to shut down his papers, Maxwell announced that the unions had agreed to lay off one-third of his newspaper group's 6,000 staffers. All eyes now are on Eddie Shah...
...road from Managua to the town of Tierra Azul has been an occasional target for antigovernment rebels. So when President Daniel Ortega Saavedra recently made the two-hour trip, he took along plenty of security. A fleet of more than a dozen sturdy vans accompanied the President's off-white Toyota, while an armed, Soviet-made helicopter provided surveillance from the air. When Ortega, 40, reached his destination, a makeshift plaza, he quickly took a seat behind a long table. "Face the People," a folksy forum that brings ordinary Nicaraguans into contact with officials of the Marxist-oriented Sandinista government...
...sure as hell isn't going to become some tag-along to that Jewish fellow," the source said. "Can you imagine the circus they'll have over on Fleet Street--"Dave and Di Go for a Dip, Dave and Di Have a Princelet, Dave and Di this, Dave and Di that...