Word: inces
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Dates: during 1970-1979
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Flom, a small, slight man with thinning gray hair and a forehead wrinkled in a perpetual look of surprise, seems to prefer representing raiders. He has also directed skillful defenses, notably his "Jewish dentist" defense in 1975 for Stern-dent, a manufacturer of dental equipment under attack by Magus Inc., a holding company that is 10% owned by the Kuwait Investment Co. Flom sued Magus for not disclosing that many of Stern-dent's customers were Jewish and might not buy from a company partly owned by an Arab government agency. The argument was such a successful public relations...
...Egypt's President Anwar Sadat and Jordan's King Hussein are now sharply divided over Sadat's 14-month-old peace initiative and the Camp David accords. Seated in the sunbathed garden of his Aswan house overlooking the Nile, Sadat, confident, incisive, expansive, described to Time Inc. Editor-in-Chief Hedley Donovan, Chief of Correspondents Richard Duncan and Cairo Bureau Chief Wilton Wynn the basis for his commitment to a peace treaty with Israel as the first step toward solving the problems of the Middle East. He spoke angrily of the role the Syrians, the Iraqis...
...looking for profitable new uses for its money. That hoard is so huge-$4.4 billion in cash and securities, plus the $1.8 billion "float" of uncashed traveler's checks-that Amexco can make a handsome offer for almost any corporation. Last week it surprisingly bid for McGraw-Hill Inc., the publishing empire (1977 sales: $659 million) that produces Business Week, some 60 other magazines, newsletters and information services, as well as books and Standard & Poor's bond-rating service; it also owns four TV stations...
...purchase of wood stoves, even though such credits are granted to families that save energy by adding insulation, solar panels and even windmills to their homes. One idea getting some attention from DOE officials is a feasibility study by a subsidiary of New Hampshire's Wheelabrator-Frye Inc. to build a wood-fueled electricity-and steam-generating plant in New England that would produce 30 megawatts, or enough to supply all the electricity and heating for a community of 30,000. Cost: $50 million to $55 million...
...facilities proves impractical, many firms pay workers part or all of the cost of enrolling in independent health clinics. Among them are Los Angeles' Atlantic Richfield Plaza Fitness Center, with twelve corporate clients, and Manhattan's Cardio-Fitness Center, which has Celanese Corp., Dun & Bradstreet Co., Time Inc. and the National Hockey League among its 35 company supporters. The centers offer the latest in rowing, cycling, jogging and weight-lifting gadgets. They provide members with freshly laundered exercise clothing, private lockers and hairdryers...