Word: less
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Dates: during 1980-1989
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Time's management was called upon to explain its strategy last Friday, when more than 1,000 shareholders jammed into the grand ballroom of Manhattan's New York Hilton & Towers for the company's annual meeting. The stockholders, many of them Time employees, were less confrontational in their questioning than had been expected and indeed several times warmly applauded the Time management. Even so, several criticized the Time-Warner deal because shareholders were not asked to approve...
...press still finds itself trapped by the rituals that govern its coverage of scabrous gossip. Today the journalistic rules of righteous rumormongering have been liberalized, even though the results in the form of tarnished reputations often remain all too familiar. Leading newspapers and the television networks are less likely to permit the wire services to do their dirty work for them. Instead, the new, more permissive approach allows them to write and broadcast artfully crafted stories about the rumors themselves, thereby spreading calumny while piously decrying...
...group, which has been able to halt logging by obtaining court injunctions, was unwilling to drop all litigation for two years, as stipulated. In addition, the conservationists contended that the proposal, which allows loggers to harvest 8 billion board feet in the disputed lands through 1990, some 2 billion less than under normal conditions, surrendered too much...
...Leights and their partners are keeping the business selective and, for many budgets, prohibitive. Faux-tortoise cases to coddle a new pair of frames are available for $50 (less flamboyant cases are available gratis, with purchase), and Peoples does the same kind of careful detail work that Coasters and fast trackers like to lavish on their cars. One Optec Japan staff member is employed exclusively to hand color each nose pad to look like tortoiseshell. Mr. Peepers may not have been able to afford anything in the store, but he would have been tempted. As for Mr. Peoples, gone these...
...nowhere near the bonanza for states it has been sold as. Illinois and Ohio, among other states, have reduced tax-paid financing of schools as the lottery cash came in. "So," says James Smith, superintendent of the Wolf Branch School in Belleville, Ill., "the real benefit is zero." Less than zero, actually. Smith complains that he cannot get a bond issue authorized because local officials think that schools are rolling in lottery money. Says Thomas Cummings, head of the Massachusetts Council on Compulsive Gambling: "Before this thing is through, there will be a legal bookie on every block and corner...