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...Sigue Sigue Sputnik is a British band dedicated to new-wave rock music and what the group's bassist, Tony James, calls designer violence. The group is about to make a major breakthrough: its first LP, Sigue Sigue Sputnik Flaunt It, will be released in July in Britain--complete with commercials. The record has the ambiguous distinction of being the first to hawk wares between the cuts. Eight to ten 20- to 30-second tracks on the EMI record will extol such salables as cellular mobile telephones and fashion and youth magazines. According to Sigue Sigue, each advertising track will...
...audiences never tire of it. In the nearly 160 years since his death, Beethoven has fended off all contenders to World's Greatest Composer and shows no signs of losing his title. The latest crop of the champ's compact disks: Beethoven: The Five Piano Concertos; Polonaise in C Major, Op. 89; ''Andante Favori.'' Artur Schnabel, piano, with Sir Malcom Sergeant conducting the London Symphony and London Philharmonic orchestras (Arabesque, three CDs, sold separately). Schnabel, who died in 1951, was an unlikely cult hero. Physically, he was unprepossessing: a short, stocky man with a walrus mustache and stubby fingers that...
...after an eight-month trial; in New York City. Persico faces up to 20 years on each of two racketeering counts. Earlier in the week, 15 alleged associates pleaded guilty to various charges at another trial in New York City, a double play that led prosecutors to claim a major blow against the Mafia...
Like athletes priming for the all-important championship elimination game, the United Steelworkers of America were girding themselves last week for a major performance. The 650,000-member union has declared June 21 Save American Industry and Jobs Day, and it hopes to turn out tens of thousands for major demonstrations. Rallies are scheduled in 100 cities, half of which will be linked by television satellite to the main conclave in Washington. The aim of all the excitement, says Steelworkers Vice President George Becker, is to protest the ''tide of imported goods that has threatened numerous American industries.'' Meanwhile...
...Lazard in 1984, the firm advised Chicago Pacific in its unsuccessful takeover bid for Providence-based Textron. Government officials suspect that Wilkis passed along information regarding that and other takeover attempts to Levine. Meanwhile, Drexel, Lazard and Shearson Lehman Bros. were all conducting internal investigations. Virtually every major securities firm in Manhattan circulated memos to employees reminding them of their ethical and legal responsibilities. One Wall Street mutual-fund manager confided that he is afraid even to telephone heads of companies whose stock his fund owns to discuss their firms' performance. As the press continued to dig for revelations, Director...