Word: foundered
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Dates: during 2000-2009
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Unwed motherhood may even seem glamorous to impressionable teens. "They see Jerry Hall on TV, flinging back her hair, talking about having Mick Jagger's second [out-of-wedlock] child, and saying what a wonderful life she has," bristles Daphne Busby of Brooklyn, founder of the Sisterhood of Black Single Mothers. A succession of attractive stars, including Farrah Fawcett and Jessica Lange, have joined Hall in making a trend of extramarital pregnancy, something that 35 years ago helped get Actress Ingrid Bergman blackballed in Hollywood...
Marxist theory and practice differ widely in Yugoslavia, in ways that were probably never foreseen by the regime's founder, the late Josip Broz Tito. In 1950, Tito began to create "different forms of socialism" for his Communist nation. In his plan, the country would openly look to the West for trade and inspiration. Today, 800,000 Yugoslavs live in Western Europe, mostly West Germany, as guest workers, while their countrymen are also free to travel to the West, and openly aspire to a Western style of living. Says Zoran Mandic, 23, a clerk in a Belgrade bookstore: "Compared...
Among the casualties of the computer troubles was Steven Jobs, the brash co-founder of Apple who started the firm in a California garage nine years ago. After a bitter power struggle with John Sculley, his hand-picked president, Jobs left in September, taking five top employees with him to start a new computer company. Said he: "I am but 30 and want still to contribute and achieve...
During his long and often innovative business career, William Norris, founder and chairman of Control Data, has gained a controversial reputation. To admirers he is the visionary who created a company that built the first supercomputers and quickly grew into a major force in the data-processing industry. To critics, Norris is a headstrong executive who has squandered corporate resources on well-intentioned but unprofitable social projects and stayed too long at the head of his now ailing firm...
DIED. Lucia Chase, 88, indomitable co-founder and, from 1945 to 1980, co-director and financial angel of the American Ballet Theatre, to which she helped transplant the traditions of the great European troupes and which she helped forge into one of the world's best companies; in New York City. With Co-Director Oliver Smith, she maintained an eclectic repertory that mixed full-length classics with the works of innovative choreographers, including Jerome Robbins, Agnes de Mille and Antony Tudor. Chase nurtured great dancers like the Americans Nora Kaye and Cynthia Gregory, as well as the Soviet defectors Rudolf...