Word: generale
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Dates: during 1980-1989
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...secret trials began on May 24 in San Francisco. For three weeks, patients received infusions of Compound Q, some as high as 17 times the dosage given patients in the San Francisco General Hospital toxicity trials. For the first 48 hours, the carefully monitored volunteers suffered side effects of sore muscles, nausea, fever and fatigue. The side effects eventually went away, and many patients, including Bob Barnett, began to feel more energetic...
...year-old fizz of Alka-Seltzer? Or the Thermos bottle? Well, these familiar trademarks now belong to someone else: the Dutch and the British, the West Germans and the Japanese, respectively. So do such U.S.-born corporate names as Smith Corona, Brooks Brothers and Pillsbury (all British); General Electric TV sets and home electronics (French); Wilson Sporting Goods (Finnish); and Carnation (Swiss). Last year foreign investors acquired nearly 400 U.S. businesses, worth a total of $60 billion. That was 61% more than the previous year and represented a drastic quickening of the pace five years earlier, when overseas buyers took...
...proved so treacherous for foreign owners? For one thing, mergers in general are risky propositions; an estimated 50% of domestic U.S. takeovers later end in divestitures. When a foreign business attempts a long- distance marriage with a U.S. company, the obstacles to success rise even higher. One problem is the ambivalence of U.S. workers toward their foreign bosses. More than 75% of U.S. adults surveyed in a poll conducted last spring for a group of Japanese firms agreed that foreign acquisitions have boosted U.S. economic growth, employment and competitiveness. Nonetheless, nearly 75% viewed the increased foreign presence as undesirable...
...startling connection was disclosed last week by June Gibbs Brown, inspector general of the Defense Department, in hearings held by Ohio Democrat John Glenn, chairman of the Senate Governmental Affairs Committee. Brown said the practice was designed to permit the Pentagon to avoid competitive bidding in hiring consultants, since this is not required of the Library. It also skirted a law requiring Government agencies to report how much they spend on consulting fees...
...additional $250 million in Pentagon contracts was laundered through the Department of Energy and the Oak Ridge National Laboratory in Tennessee. The Energy Department's inspector general, John Layton, said contracts at DOE were drawn so loosely that the department was forced to pay fully even when contractors defrauded the Government. Since January, 22 people, mostly defense contractors and consultants, have pleaded guilty to or been convicted of a variety of charges in the so-called Ill Wind investigation into procurement abuses...