Word: overheads
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Dates: during 1980-1989
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Hikers who venture into the Grand Canyon complain that the park's majestic tranquillity is too often disturbed by the buzz of airplanes overhead. Last week the National Park Service announced restrictions on aircraft that it hopes will satisfy both environmentalists and backpackers as well as so-called flightseers. The plan, ordered by Congress, designates four flight-free zones, totaling 530,000 acres over which aircraft cannot fly at less than 7,000 ft. above the canyon rim. Between the restricted zones are several corridors where aircraft can ferry tourists. The plan also bans flights below the canyon...
...others gather around an old, 10-gal., green-glass water jug. There is a bit of water in the bottom. For a moment it almost seems that these salvage men, so thirsty for the details of the past, might take a sip of vintage 1907. But a 747 rumbles overhead, and the mood is broken. "Should we take the jug?" someone asks. "Sure," says Israel. "Somebody might want it." They pick up their tools and wander back to work...
...McKenzie, just broke the 1,000 mark. Many of the behemoths are run by nonattorney managers who operate like corporate chiefs, drumming up sales and plotting growth strategies. Says Richard Santagati, the onetime head of NYNEX who now oversees Boston's Gaston Snow & Ely Bartlett: "Everything has accelerated -- salaries, overhead, client fees, the stakes and the risks...
...absorb an established local operation to gain an instant foothold in another city. But as many as eight in ten mergers are illadvised, by the estimate of Houston Law Firm Consultant William Cobb. They can lead to a clash of egos among partners accustomed to independence, a ballooning of overhead costs or the mismatch of a loosely organized firm with a centrally operated...
...groups of two and three as unobtrusively as possible," Whitney recalled. "The office they met in was never designed for large meetings of this sort, with the result that most of the governors were compelled to stand or to sit on tables. As the meeting progressed, panic was raging overhead on the floor . . . The feelings of those present were revealed by their habit of continually lighting cigarettes, taking a puff or two, putting them out and lighting new ones -- a practice which soon made the narrow room blue with smoke." After due deliberation, they decided to let the market...