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Word: largest (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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This deal probably means a lot more to the world than money and ego. The largest industrial merger in history is a test of whether globalization can really bring together the leading capitalists of Europe and the U.S. Can fastidious Germans join with freewheeling Americans and teach the Japanese a lesson or two? Although only the world's fourth largest carmaker, DaimlerChrysler's $95 billion market capitalization looms over General Motors, and the company is sitting on $22 billion in cash. Its 440,000 employees make everything from cars and trucks to Airbuses, trains and ocean-liner engines...

Author: /time Magazine | Title: Daimler-Benz-Chrysler: Worldwide Fender Blender | 5/24/1999 | See Source »

...move that still draws an angry reaction from Schrempp, DaimlerChrysler was refused admission to the Standard & Poor's 500 index--important because inclusion would make the company's stock a must-buy for many money managers. The majority of the company's shareholders are now in Europe, though the largest stake is controlled from Kuwait. Another concern is contract negotiations this summer with an increasingly feisty United Auto Workers union. In Europe the economy still trails Schrempp's ambitious expectations, and so do sales of the Smart, a clever but perhaps fatally flawed experiment in making a Mercedes...

Author: /time Magazine | Title: Daimler-Benz-Chrysler: Worldwide Fender Blender | 5/24/1999 | See Source »

...century turns to double zero, a new generation of Latin artists, nurtured by Spanish radio, schooled in mainstream pop, are lifting their voices in English. Of this group, Martin is the hottest; Lopez, 28, the most alluring; Anthony, 29, the most artistic. With Hispanics poised to become America's largest minority group within the next few years, this music could be the sound of your future. Latin-tinged pop is blowing up because it fits the musical times: it has a bit of the street edge of hip-hop (Lopez worked with rapper Sean ["Puffy"] Combs on one track...

Author: /time Magazine | Title: Latin Music Pops | 5/24/1999 | See Source »

...Trustbusters said American flooded routes served by upstarts Vanguard, Sun Jet and Western Pacific with its own new flights and illegally slashed fares below the cost of providing the seats--a practice known as predatory pricing. American, which carries 77% of all passengers who fly nonstop from the third largest U.S. airport, scaled back the flights and moved prices back up once the newcomers fled. Vanguard has since returned; Western Pacific has filed for bankruptcy...

Author: /time Magazine | Title: Bird of Prey? | 5/24/1999 | See Source »

PULLED PILL It's going to get harder to find the morning-after pill Preven at your local pharmacy now that Wal-Mart, the nation's largest retailer, has decided to stop selling it. Not to be confused with RU-486, which is not yet approved in the U.S., Preven is taken up to 72 hours after unprotected sex to prevent ovulation or implantation of a fertilized...

Author: /time Magazine | Title: Your Health: May 24, 1999 | 5/24/1999 | See Source »

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