Word: forayed
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...reportedly close, was a compulsive gambler. On the eve of his father's cancer surgery, as an English major at the University of Pennsylvania, Steve sat at his father's bed, tallying more than $200,000 in the elder Wynn's outstanding debt. Steve made his first major foray into Vegas in 1972, buying an interest in the Golden Nugget, a seedy downtown casino. He overhauled the place, then built a new Golden Nugget in Atlantic City, N.J. (with financing from junk bonds floated by Michael Milken). His next big move put an indelible stamp on the Strip: Wynn opened...
...first potential papal entanglement came last week when, in the first public statement of the new papacy, the Vatican condemned the Spanish parliament’s recent foray down the path towards legalizing same-sex marriage. The statement went so far as to instruct Spanish Catholic civil servants to refuse to marry homosexual couples, even at the expense of their jobs...
...Paxman's Iraq foray was rare in this campaign. Trust may be an issue, but Iraq isn't, largely because the Conservative opposition supported the invasion. The Tories are led by Michael Howard, a veteran Thatcherite brought in from the pasture for a last fling. He has chosen to run a campaign that is, by turns, ugly and inane. A prominent Tory told me that Howard is a great believer in the voodoo cooked up by political consultants and has decided to build his campaign around five issues that floated to the surface in focus groups. They are predictably anodyne...
...martial-law proclamation that began his era of authoritarian rule. Two days later, despite earlier denials, he declared that the balloting would include the vice-presidential contest, reactivating an office that Marcos has kept vacant since 1973 to discourage presidential ambitions among his subordinates. On a rapid foray into the countryside, the President defined the essence of the upcoming campaign in a single word. "The issue," he declared, "is Marcos...
...selling iron ore to China for three decades. It has vast interests in the Pilbara, including nine mines and three ports. Through its subsidiary Hamersley Iron, Rio Tinto has a joint venture with Chinese steel producers in two mines, Channar and Eastern Ranges. The Channar partnership (China's first foray into foreign mine investment) began in 1987. Major new port, mine and rail projects will increase the company's production capacity to 170 million tons by next year. "We are running flat out, going as hard as we can," says Sam Walsh, who heads Rio Tinto's iron ore group...