Word: pacificism
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Dates: during 1990-1999
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The top three shows have become institutions, seemingly permanent in a business that is notoriously ephemeral. They attract younger audiences than most other Broadway shows, including many first-time theatergoers, and draw a volume of repeat business more common for kiddie films or rock bands. In a celebrity-conscious world...
Amid the sudden-death dealmaking of the past decade, the world of banking seemed like an island of restraint. But recently the industry has come down with a case of can-you-top-this fever. The latest combination is the largest in banking history, the merger of San Francisco-based...
The merger could eventually reap savings of $1 billion annually for the two institutions as they combine functions and reduce overhead. This may mean layoffs of up to 10,000 workers, or 11% of the work force, as excess branches and departments are closed. But the merger with the revitalized...
On a routine coastal patrol last week, Panamanian police noticed two dozen shrimp boats clustered near the island of Cebaco, on the Pacific coast. Suspicious, officers boarded one of the craft and discovered two packages containing 15 kg of cocaine. For Nestor Castillo, police chief of Veraguas province, it was...
Panama, with 1,550 miles of scalloped Atlantic and Pacific coastline, remains a major transshipment point for cocaine moving from South America to the U.S. and Europe. A July report by Washington's General Accounting Office claims that even more drugs are moving through Panama today than before the American...