Word: giant
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Dates: during 1990-1999
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...chairman Laurence Tisch and QVC head Barry Diller said "the Tiffany network" would almost certainly go ahead in its surprise merger with the home-shopping giant. The result, to be finalized July 13 barring unforeseen snags, will be an altered TV landscape in which a top-rated network has substantial interest in cable. Investors are buying in: even before the official announcement, CBS stock shot up $48, to $311, and QVC's rose...
...Italy's Prime Minister Silvio Berlusconi, will be beaming. The media billionaire turned politician should get a cordial greeting at his first summit, following his successful maiden foreign trip to Bonn last week. His vanity-plate party, Forza Italia, won big with 30.6% of last week's vote, a giant step up from the 21% of only three months ago in the national elections. A glum editorial in the left-leaning La Repubblica lamented that Italians "chose unanimously to shout that they wanted to be governed by Silvio Berlusconi." The landslide sparked the bitter resignation of Achille Occhetto, leader...
...SMALL THREE-ROOM APARTMENT in Hanoi's already crumbling New Quarter, Vietnam's most famous living author sits in a sweaty white shirt and dark blue polyester pants, his feet bare. Outside, most of Hanoi is celebrating Reunification Day. Giant posters glorify Ho Chi Minh and the 1954 defeat of the French at Dien Bien Phu. The bright red national flag hangs above shop doors. Fireworks sound over Small Lake. In years past, Bao Ninh used to spend this day with the surviving members of his unit. "Not now," he says. "We've had enough...
...decision that could dig deep into the Exxon Corp.'s pockets, an Alaska federal jury concluded that the oil giant was reckless in permitting a captain with a history of drinking to command the Exxon Valdez, the oil tanker that ran aground five years ago in Prince William Sound and caused the nation's worst oil spill. The verdict against Exxon and Captain Joseph Hazelwood enables local residents to seek $1.5 billion in compensation and $15 billion in punitive damages...
...Virginia judge threw out a lawsuit by landowners and residents to stop Disney's giant historical theme park in Prince William County, Va. A grassroots group, "Protect Prince William Limited," wanted to block the prospective $650 million, "Disney's America" development west of Washington, which has drawn fire on editorial pages across the country but got an endorsement from the state's pro-business governor, Republican George Allen. The losers were even more annoyed when the judge declined to explain his action...