Word: initialers
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The stock offering was a spectacular success and an unlikely one. Last week American Express, the $12.9 billion (1984 sales) financial-services conglomerate, sold to the public 54% of Fireman's Fund, its property-and-casualty-insurance subsidiary. Investors snapped up 35.2 million shares for a total of more than...
Russ Togs signed Brinkley to a three-year contract in the hope that she could help them get into the upscale sportswear market, but the effort largely failed. Brinkley blames Russ Togs for not promoting her product after an initial push. Says she: "The Russ Togs management was not equipped...
Mader, who coordinates TIME's foreign coverage, is an expert at getting reporters in and out of hot spots. In the past five years he has staffed situations as formidable as the Falklands war, the invasion of Lebanon and the hijacking of the Achille Lauro. Says Mader, a veteran State...
The explosion in the snowy, rugged Andean peak came from a buildup of molten rock and trapped gases that was ultimately caused by the movement of two of the earth's huge tectonic plates (see following story). Similar forces were responsible for the Mexico City earthquake as well as the...
After the home plate umpire initially declared the failed suicide squeeze attempt to be a foul ball, Walsh jogged out of the dugout to argue the call. The two umpires then conversed for several minutes before overturning the initial ruling and sending Vance to first base on catcher�...