Word: largest
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Dates: during 1980-1989
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From these roots can be traced Japan's famous policy of "friends, and especially traders, with everyone." Commerce is almost always the driving impetus behind Japanese foreign policy. Thus, as Japan's largest customer, the U.S. has an additional lever in negotiations beyond our special defense relationship. Yet Japanese real defense spending stands at only 9 percent of its Gross National Product compared to five to six percent...
...industry's biggest companies have decided that the only way to survive the slide is to get together and streamline their operations. Through a swap of stocks valued at $770 million, Republic Steel of Cleveland, the fourth largest U.S. producer, intends to merge with Pittsburgh's Jones & Laughlin, which ranks third in the industry and is a subsidiary of LTV Corp., a Dallas-based corporation that also manufactures aircraft parts and rockets for the military. Together, Republic and Jones & Laughlin control 15.9% of the steel market, and the combined company, to be called LTV Steel, will stand second...
...blighted Chicago neighborhood and once sold peanuts, baby pictures and encyclopedias, Schmidt is considering an effort to buy Conrail, the big Government-owned Eastern system, and link it to the Southern Pacific and the Santa Fe. That grand plan would put Schmidt in charge of the largest U.S. railroad and the first transcontinental line owned by a single company. -By Charles P. Alexander. Reported by Lee Griggs/Chicago and Russell Leavitt/Los Angeles
...country, the business community is acknowledging a responsibility and stepping in to help. Corporations are "adopting" schools, providing everything from laboratory equipment to volunteer instructors. In Chicago, 176 firms have established links with 600 schools; in Los Angeles, the figures are 189 and 225. Seven of Atlanta's largest banks, as well as the local Federal Reserve branch, have collaborated in establishing the city's newest magnet school, Harper High. The banks provide not only money but their own employees for financial courses and internships for interested students. Such programs have a variety of benefits. Memphis Schools
...appear to be on the cutting edge of reform. One reason, says Carnegie's Boyer, may be that many parents in ghetto areas fight fiercely for better schools for their children. The Council of the Great City Schools, a coalition of 30 of the nation's largest urban school systems, reports that 27 of these predominantly minority systems have had increases in elementary school reading and mathematics test scores during the past five years...