Word: mesas
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Dates: during 1980-1989
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...billion for the oil and natural-gas assets of Houston-based Tenneco, which is selling those properties to concentrate on its gas-pipeline and construction- equipment businesses. Chevron agreed to pay $2.6 billion for the firm's stakes in the Gulf of Mexico, while T. Boone Pickens' firm, Mesa Limited Partnership, will pay $715 million for Tenneco's midcontinent reserves...
...department stores have a double standard when it comes to alterations on clothing: women pay extra but men do not. Most shoppers accept this inequality, but not Muriel Mabry and Lori Anderson, two California businesswomen. When they bought dresses this summer at a Saks Fifth Avenue store in Costa Mesa, Calif., they were each charged about $40 for alterations. Meanwhile, the women claim, Anderson's husband bought a suit and tuxedo that the store tailored for free...
...control room 30 miles away. Soviet Scientist Viktor Mikhailov picked it up. He punched the air to register glee at receiving precise information on the bomb yield; the control room burst into applause. The underground test the group was celebrating, however, was American, held at remote Pahute Mesa, Nev. Seven Soviets were in the control room to gauge whether measuring devices accurately calculated how powerful the explosion had been...
...fashion trends. Bikers spent $700 million on clothes and accessories last year, a 17% increase over the year before. "Ten years ago, you saw cycling clothing as a pair of lumpy wool shorts and a wool jersey," says Steve Ready of the National Bicycle Dealers Association in Costa Mesa, Calif. "You could have any color you wanted, as long as it was black." Now, he says, the sport is more "visual." Bikes come in fashion colors -- lilac mist, rosebloom, aquamarine -- with bright jerseys to match. The Lycra shorts with a padded seat, once confined to serious cyclists, are standard equipment...
...could outwit all those corporate bigwigs back East. Lately, though, Pickens' lone star seems to have fallen. His efforts to take over Homestake Mining, a leading gold producer, and KN Energy, a natural-gas company, have fizzled. Because of the continuing slump in the oil patch, profits at his Mesa Limited Partnership have dropped from $70.6 million in 1986 to $31.9 million in 1987, a performance so poor that Pickens has had to borrow money to pay dividends...