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...handouts from the British Treasury. Although it accounts for up to 80% of Great Britain's steel production, the company has been losing business because of a 13-week strike earlier this year. It also suffers because of its dependence on sickly British companies like Automaker BL Ltd. The aging firm, still one of the world's largest steel makers, has failed to compete with Japan and newly industrialized countries and is severely handicapped by labor troubles, outmoded plants and low productivity. Said MacGregor upon his appointment: "The question isn't how many heads are going...
Public Image Ltd.: Second Edition (Island/Warner Bros.). The weather forecast on the far frontiers of rock is a little cold and spooky, if this record is any indication. Alternately rigorous and unhinged, steam-heated and strangulated, Second Edition is the collective work of the band John Lydon (a.k.a. Johnny Rotten) formed when he broke with the Sex Pistols. The Pistols' music was like a mugging; Public Image's is like a football match in purgatory. Using repeated chords, shattered rhythms and lyrics that sound like electrocuted William Burroughs ("Spreading tales/ Like coffin nails/ Is this living"), Public Image...
...Gillman, an associate with the political consulting firm D.H. Sawyer and Associates, Ltd., attributed much of Rep. John B. Anderson's (R-Ill.) success in the Presidential campaign to effective television commercials...
...swindles began to unravel last year in Liverpool, where a firm called Eutron Ltd. had hired a British bonded warehouse company to store and label bottles of French wine shipped in from The Netherlands. Eutron ran up a $22,000 bill with the warehouse, which in turn seized 3,000 bottles of wine still awaiting export to the U.S. Meanwhile a British customs officer got curious about the special green certificates of origin that under European Community rules must accompany quality wines. On the Dutch seal on one form, he noticed, the likeness of Queen Juliana was facing...
...Commodity Exchange. Yet before Tuesday was out, buyers were rushing back in to take advantage of the "bargain" rates of $680 for gold and $34 for silver, and the metals began rising all over again. Said Les Edgar, chief bullion dealer at London's Sharps, Pixley Ltd.: "It's a casino business now, and people are playing it that...