Word: leveller
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Dates: during 1980-1989
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...trip has been a century in the making. For years the upper reaches of the river could not be navigated by such cruise ships, subject as the area was to floods and low water. The water level has at last been controlled by a network of locks, dams and reservoirs. The Normandie, 300 ft. long and weighing 1,375 tons, was especially built for the voyage. With 53 double staterooms, lounge, bar, restaurant, sun deck and sauna, it carried 106 passengers, 20 crew members and pounds of monkfish, duck, pork and other essentials, replenished along...
Some former employees say Davis is an authoritarian manager who sometimes has difficulty keeping talented subordinates. Among the top-level Paramount executives who have gone to rival companies: Barry Diller, now chairman of Fox Inc.; Michael Eisner, chief of Walt Disney; and Dawn Steel, head of Columbia Pictures. Davis told FORTUNE in 1984 that he was "thrilled" to have made the magazine's annual list of toughest bosses. FORTUNE quoted a business associate saying, "He exceeds all of the qualifications for the category of s.o.b...
...Paramount bid a fair hearing, as the law requires, there was every indication that Time's top executives would fight to repel the intruder. In a three-page "Dear Mr. Davis" letter, Munro chastised the Paramount chairman for breaking his spoken agreement to leave Time alone: "On a personal level, I'm disappointed that I can't rely on you as a man of your word. Live and learn." Munro said the Paramount offer consisted of "smoke and mirrors," since it was subject to several conditions that included Paramount's ability to obtain financing and regulatory approval, a process almost...
...Soviet leader accused the Nobel Peace laureate of trying to "belittle" the new parliament's achievements. There were also painful disclosures about the dreadful state of the Soviet economy. Prime Minister Nikolai Ryzhkov admitted that some 40 million Soviets, or 13% of the population, live below the poverty level, that the Afghanistan war had cost about $70 billion and that the country's foreign-trade deficit this year will reach $52 billion. (The U.S. foreign-trade deficit last year was $119.8 billion.) In an attack on the economic front, Ryzhkov proposed cuts of almost a third in the military budget...
...meets girl. The Environmental Media Association, a clearinghouse for save-the-earth societies, is fronted by such heavyweights as Disney Chairman Michael Eisner, Creative Artists Agency President Michael Ovitz, MCA President Sid Sheinberg, and Lear, who with his wife Lyn was a group founder. At the letter-stuffing level, the Earth Communications Office is targeting the few thousand actors, writers, producers and directors whose work reaches billions of people. In seminars and trips, ECO will educate creative folk on earth-shaking issues...