Word: multibillions
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Dates: during 1980-1989
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...long as IBM's South African operations remain lucrative and a source of social progress, the multibillion dollar corporation will continue to do business in the apartheid state, IBM President and Chief Executive Officer John F. Akers last night told an Institute of Politics audience...
...properties, which include the gilt- leafed Crown Building on Fifth Avenue and a new nine-story shopping mall in Herald Square, are worth $350 million. "Mr. and Mrs. Marcos are now in the world class of corrupt national leaders," Solarz said. "They may have secretly led a headlong, multibillion-dollar flight of capital out of their country...
...discrimination against women and permits anyone who feels damaged by it to sue in civil court. On a quick reading this might appeal to any of us who feel offended by pornography and who are horrified by the ever more graphic and violent images put forward by the multibillion dollar, and growing, pornography industry. However, if you read Proposition 3 more carefully, you will find its definition of pornography is excessively vague and open to idiosyncratic interpretations. Furthermore, it implicates in discriminatory practices anyone who engages in a wide variety of activities, including "trafficking" ("to produce, sell, exhibit, or distribute...
During the 1970s, on the strength of its oil revenues, Nigeria launched ill- planned, multibillion-dollar public works projects, such as the construction of a proposed new capital city at Abuja and numerous petrochemical plants. When the country's foreign debt ballooned, many of these were left unfinished. Once Africa's leading food exporter, Nigeria became a net importer as farmers abandoned the land for the promise of lucrative jobs in the oil industry. As a result, shortages of basic commodities quickly developed. The Shagari regime's tolerance of corruption only added to the country's woes. In 1983 alone...
...Multibillion-dollar mergers and acquisitions used to constitute high drama in the corporate world. Today, however, these episodes seem to be just business as usual. Last week talk of mergers brewed on three major fronts. Nabisco Brands (1984 sales: $6.3 billion) held exploratory talks with R.J. Reynolds (1984 sales: $13 billion). Wall Street speculates that Reynolds, which sells cigarettes, Kentucky Fried Chicken and Del Monte foods, would pay some $5.3 billion to gobble up Nabisco, king of the snack cupboard and maker of Oreo cookies, Ritz crackers and Baby Ruth candy bars...