Word: frayed
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Dates: during 1990-1999
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Harvard and Brown enter new eras with new coaches. Cornell continues its surge upwards after 20 years of slumber. Princeton will be fighting to finish in the top tier for the first time in a decade. And Yale will be fighting for a middle spot within the fray...
...successes do not assure victory for AmEx in its quest to reclaim the top standing it lost in 1989 in the $562 billion credit-card industry. The U.S. market is saturated with 1 billion pieces of plastic, issued by 6,500 companies. "Industry competition has turned into quite a fray," says Mark Tonnesen, president of credit-card services for Bank One in Columbus, Ohio. "The winner in all of this is the consumer." Even AmEx's Skillern acknowledges that "the world probably doesn't need a new credit card," though he remains confident that "consumers will welcome a new series...
...cellular operations of Dial Page of South Carolina plus the mobile-radio business of Motorola in deals valued at $2.7 billion. The combinations will pit Nextel, a firm with 200,000 customers, against AT&T, which agreed to pay $12.6 billion for McCaw Cellular last year. Also in the fray are Nynex and Bell Atlantic, which agreed in June to combine their cellular units...
...intercepting 3,247 boat people in 70 boats. The U.S. also sent potential firepower: four amphibious Navy warships, with 2,000 Marines on board. The troops ostensibly will helpevacuate U.S. citizens, should that be needed. TIME Defense correspondent Mark Thompson adds the U.S. decision to send warships into the fray can also help the Coast Guard handle the refugee surge and underscore U.S. resolve. Indeed, the warships are sending a signal that the U.S. may be preparing for an invasion, but special envoy to Haiti, Bill Gray, denies it. parpar
...firm. In a memorandum filed with the Justice Department, the lawyers claimed that Ticketmaster's control over tickets and its exclusive contracts with most of the leading concert arenas constitute anticompetitive behavior that enables it to prop up prices. Soul Asylum, another popular alternative-rock band, jumped into the fray. By week's end Garth Brooks, Neil Young, U2 and Bad Religion had lined up with Pearl Jam, saying they supported Pearl Jam's cause. Says Kelly Curtis, Pearl Jam's manager: "All the band wants to do is to be able to tour with a cheap ticket price." While...