Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Since October the hungriest shark in the corporate sea has been swimming gradually smaller circles around California's Unocal, the 14th largest U.S. oil company (1984 sales: $11.5 billion). Corporate Raider T. Boone Pickens started buying into the company's stock, insisting at first that he intended to make only a modest investment. Pickens confirmed last week that his appetite has grown. The Mesa Petroleum chairman announced that his investor group, which now holds 13.6% of Unocal, is seriously considering an effort to gain control of the company. Pickens' group last week asked Unocal to postpone its annual shareholders meeting...
...officer on every train from 8 p.m. to 6 a.m. They have instituted sweeps of subway stations, a kind of underground rapid-deployment force that in 33 months has detected 9,000 incidents of crime. The current transit police force, which has 3,800 officers, is the largest ever for New York and the biggest in the country. Meanwhile, with subway workers threatening another strike, passengers are just hoping the trains will keep running. "The subway system?" said one young rider. "It's New York...
...DuBow, a visiting scholar at the American Bar Foundation, calls "incivilities." These range from blasting radios and graffiti-marred walls to harassment by panhandlers. "A lot of us feel uncomfortable and threatened in those situations, and it's not just imagination," DuBow says. The sheer population mass of the largest cities, coupled with sensational news coverage of brutal crimes, contributes to the climate of fear. People in Portland feel safer than do inhabitants of Chicago, even though crime rates are higher in the . smaller city. Most Americans do not become crime victims, but most know someone who has. Many become...
...three attack on G.E., the nation's fourth-largest military supplier (an estimated $4.5 billion in contracts in 1984), is only part of a broader fusillade that the Pentagon is aiming at the defense industry. Last week the Defense Department revealed that it has hit Pratt & Whitney for a refund of $40 million in higher-than-expected profits made supplying jet- engine spare parts. The widest barrel, however, remains pointed at General Dynamics, the country's top defense contractor, which found itself facing investigations by a federal grand jury in Connecticut and a congressional subcommittee as well as by Pentagon...
Rather than call the company's bluff, Hidalgo and Navy Secretary W. Graham Claytor tried to negotiate an agreement. The Navy even invited General Dynamics' help in persuading Congress to authorize funds for the overruns. In June 1978 the two sides made a deal. In the largest settlement of its kind in Navy history, the Pentagon agreed to swallow $484 million of the company's $843 million claim. Veliotis recalls that it was a "wonderful deal" for General Dynamics. Says he: "The Navy gave us the money up front for overruns we had yet to incur...