Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
TIME maintains one of the largest newsgathering organizations of any U.S. publication: the magazine's news service includes eleven domestic and 22 overseas bureaus staffed by 90 correspondents. In a world where news seems to break faster and in more places each week, overseeing this network is a tall order. For the past 7 1/2 years, Assistant Managing Editor and Chief of Correspondents Richard Duncan has filled that order with energy and distinction. Beginning this week, Duncan will put his journalistic and managerial skills to work as TIME's chief administrative officer. As a deputy to Managing Editor Jason McManus...
...States Pension Fund and federal organized-crime investigations in the same breath. In one case after another, the feds found, the fund served as a cash cow for the Mafia, especially by investing in Mob-controlled Nevada casinos whose profits could easily be skimmed. By 1976 Central States, the largest multiemployer pension fund in the U.S., had nearly $250 million tied up in Nevada gambling operations...
...still uses its familiar stagecoach symbol, scooped up some glittering gold dust when it agreed to pay Britain's Midland Bank $1.08 billion for Crocker National, another San Francisco bank. If the deal goes through, the combination of Wells Fargo (1985 assets: $29.4 billion) and Crocker will be the largest banking merger in U.S. history. The agreement ended six months of secret negotiations between Wells Fargo and Midland executives. No one at Crocker had known that a deal was in the works...
...Wall Street rally that started last fall, even the long-moribund technology stocks have come back to life. Since October, according to the California Technology Stock Letter, shares in its index of 30 high-tech companies have climbed about 22%. Cashing in on that market strength, Microsoft, the second-largest independent manufacturer of computer software (1985 revenues: $163 million), announced last week that it will make an initial public offering of 2.5 million shares in March. The Bellevue, Wash., company hopes to garner $16 to $19 for each share. Microsoft may serve as a bellwether of the high-tech recovery...
Their delight in Baby Doc's ouster was obvious. But were they happy enough to want to return to Haiti? In Miami and New York City, which have the largest Haitian enclaves in the U.S., some people claimed their bags were already packed. But most were circumspect. "I want to go back today, but I must wait until I see who is going to run things," said Philippe Georges, 58, a sewing machine mechanic in Miami's garment district. "The boy wasn't the only bad one in Haiti...