Word: ince
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Dates: during 1980-1989
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...University's buying frenzy last year is attributable, in part, to the recent tax reform which abolished the capital gains deduction as of January 1, 1987. Harvard Real Estate (HRE), Inc., the University's property management firm, was approached by a number of local landlords interested in unloading parcels of land in 1986 before the tax laws changed...
During last week's hearings, Republican Senator Warren Rudman of New Hampshire waved an invoice that, he said, showed that one of Secord's companies (East, Inc.) had billed another of his firms (Lake Resources) $100,357 for the salaries of private American pilots used in air-dropping weapons to the contras. This, said Rudman, meant that the pilots should have been getting $450 a day. In fact, according to Rudman and a witness, former CIA Agent Felix Rodriguez, the pilots were paid at most $150 a day, suggesting that East, Inc., earned about $35,000 on this transaction alone...
Jane Amsterdam, Manhattan,inc.'s founding editor, quit in March after complaining about interference from Publisher (and Owner) D. Herbert Lipson. According to insiders, Lipson wanted Amsterdam to meet with advertisers and sought more control over covers. Felker's challenge will be not only to sustain Amsterdam's success but to get along with Lipson. Felker's track record with owners is mixed: after first approaching Media Mogul Rupert Murdoch to buy shares in New York in 1976, he bitterly fought Murdoch's purchase of the magazine. When Murdoch prevailed, Felker quit...
...into Martinez's political bailiwick. The Florida Association of Broadcasters has produced a 30-second television commercial attacking the tax as inflationary and providing the Governor's phone number for citizens who would like to complain personally. In addition, a number of media companies, including NBC, CBS and Time Inc., have canceled plans to hold conferences and conventions in Florida as long as the law is on the books. Several major national advertisers have removed ads from publications and broadcasts that appear in Florida. Procter & Gamble has already suspended some advertising efforts, as have Clorox and Kraft...
...Hearst empire thrives in ways its founder would appreciate but not recognize. -- An old hand for sassy young Manhattan, inc...