Word: lasts
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Dates: during 1980-1989
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...Mayor Tom Bradley's campaign for a fifth term, the paper's reporters were barred from the mayor's office. But that did not stop them from scooping their powerful rival, the Los Angeles Times, by printing damaging reports about Bradley's finances just three weeks before the election. Last week, however, Herald Examiner staffers faced a far more formidable lockout: the Hearst Corp., unable to find a buyer for the unprofitable daily, announced that it would shut the paper's doors after Thursday's edition...
Cash starved and struggling, Britain's Jaguar PLC has decided to take the course favored by many an aristocrat facing hard times: marrying into money. Last week, three days after Japanese investors bought a majority interest in Rockefeller Center, the 67-year-old maker of sleek, purring luxury sports cars and sedans agreed to be taken over by America's Ford Motor for $2.5 billion. The deal is likely to win approval from the required 75% of Jaguar's stockholders...
...Britain's last major independent producer of luxury cars, Jaguar had fought hard to go it alone. The company earned $45 million last year but lost $1.8 million during the first six months of 1989, largely because of slumping U.S. sales. Jaguar tried to fend off Ford's advances by offering General Motors a 30% stake in the British firm. But last week the British government opened the way for Ford by waiving London's legislative right to veto any takeover of Jaguar before 1991. Ford put its offer on the table the next morning. GM officials decided the price...
...embassy in Beijing. His sarcasm drew whoops of laughter from foreign service officers, who had lodged three complaints in as many days against "harassment" by the Chinese troops stationed outside the compound. With Sino-American relations at their lowest in years, the former President was back in Beijing last week on a "private" visit, attempting to salvage what he could of the relationship he had launched with such drama in 1972. If any outsider had the stature to force the Chinese leaders to conduct what a Western diplomat called a "reality check" on their view of the world...
...began by taking on Premier Li Peng, whom he had pointedly not asked to meet. In a private session, Nixon reportedly deleted no vitriolics in expressing American outrage over the regime's crackdown on pro-democracy demonstrators last June. To end the current impasse, he suggested, the two nations should halt their recriminations and propose mutual talking points. He threw out the first one: "When I go to the embassy, I hope there will not be guards with AK-47s outside." Li retorted that the troops had been posted there to prevent the escape of dissident Fang Lizhi...