Word: huges
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Dates: during 1980-1989
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Knight-Ridder executives hotly dispute Needelman's report, arguing that he contradicts his own conclusion by admitting that neither paper can unilaterally raise prices without risking a huge loss in circulation. Many industry analysts agree. "Needelman completely missed the point about competitive newspaper economics," says Bruce Thorp of Provident National Bank. Without the J.O.A., adds Thorp, "there is little question in my mind that one paper will disappear...
...event of the year comes in icy January: Profit Sharing Day at Andersen Corp. For 74 years Andersen, a leading U.S. manufacturer of windows and patio doors, has split a chunk of its earnings among workers. After a banner 1987, this year's pot promised to be huge. But the 3,700 employees, many of whom rented limousines and dressed in their finest Saturday-night steppin'-out clothes to attend the Jan. 16 ceremony, had no idea just how huge. Amid gasps of surprise, Andersen Chairman Arvid Wellman disclosed that the profit-sharing pool was a record $105.9 million...
Congress created Costello's post in 1986 following disclosures of huge cost overruns by defense contractors and allegations that companies had, among many other offenses, billed the Pentagon for their executives' country-club fees and charged as much as $7,500 for a coffeepot used in aircraft. The principal remedy, lawmakers thought, would be to centralize all procurement authority in the hands of a single individual. Until then, such power had been spread among a myriad of departments. Said Congresswoman Patricia Schroeder, a Colorado Democrat: "We envisioned a czar who would kick trash cans and have rats jump...
Despite the repression, morale in Gaza remains high. In one crowded home in the huge Jabalia camp, Zainab, a widow of 50, and her five children said they were determined to keep up the protest despite the Israeli crackdown. Her son Jawad, 17, has already served several jail terms for his anti-Israeli activities, and is willing to risk more. "Let it be known to the Israelis that we are strong," Jawad told a visitor. "We are capable of confronting them on all fields. We are not going to run away as the Egyptian army did in 1967." Asked what...
...surface, not even the polar ice cap will be able to keep the Seawolf down. The low, streamlined sail -- conning tower to landlubbers -- will be hardened to absorb the shock of breaking through the ice. Retractable bow planes will permit the Seawolf to navigate under the Arctic, the huge (5.4 million sq. mi.) new battleground of underwater war. The multiblade, controllable-pitch screw propeller will be encased in a meticulously designed shroud to reduce noise and allow the boat to sneak up on its prey...