Word: mainstay
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...case, much of the internecine warfare was over when and how to sell off parts of the company, not whether to do it. Two weeks ago, management announced that it had reached a $410 million deal with Allied Corp. to sell GAF's chemical business, its mainstay since the days when it was known as General Aniline & Film, a part of I.G. Farben. The firm was seized as German property by the Government during World War II, but it was turned back to private shareholders in 1965. Selling off its chemical operations would leave GAP with little more than...
...CYNICAL and streetwise crew in the Bronx district attorney's office have isolated a new cause of death that they've dubbed Lincolnitis. Named after Lincoln Hospital, an understaffed mainstay of its South Bronx neighborhood, Lincolnitis is said to afflict a wide range of patients who expire at Lincoln after entering with less-than-fatal maladies...
...September 14, 1972-February 28, 1983): Last night saw the death of an old friend, a mainstay of America's popular culture. M*A*S*H offered us a funny bone in the skeleton of the Korean War for 11 years, nearly four times the length of the actual...
...PULSE OF DETROIT weakened perceptibly two weeks ago. The latest setback for this sickly city immersed in a battle for survival was not another round of massive layoffs, or overcrowding in its burgeoning soup kitchens. Rather, the outlook grew bleaker because the 101-year old downtown mainstay J.L. Hudson's department store went out of business...
...well as cuts in state and federal aid, have created a $40 million budget deficit for Detroit. U.S. auto companies sold fewer cars in 1982 than at any time in the past two decades leaving 270,000 workers laid off indefinitely. Downtown Detroit is a battered shell. The mainstay of its retail establishment, J.L. Hudson, closed last week after 92 years. Renaissance Center, the Oz-like hotel and office showplace on Detroit's river front, which was to be the centerpiece of its urban renewal, defaulted two weeks ago and is still up for sale (asking price: $275 million...