Word: parental
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Dates: during 1980-1989
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...some cases, the global concept succeeded brilliantly. Typically, a worldwide Saatchi campaign is custom tailored to the styles and tastes of local markets, though sometimes only a translation of the ad copy is necessary. The parent firm's memorable campaign for British Airways, in which the island of Manhattan is seen coming in for a landing at London's Heathrow Airport, has run in 40 countries. Customers have liked the global idea: Saatchi agencies now represent more than 100 clients in five or more countries, including Fisher-Price toys and Allied-Lyons foods...
When an attempted buyout of UAL, the parent company of United Airlines, collapsed two months ago, the news sparked the minicrash of Oct. 13. Now the failed bid is the talk of Wall Street once again, this time because of a Wall Street Journal report that bankers and lawyers will earn $58.7 million in fees for the deal, despite its downfall. More than $8 million will go to the investment firm Lazard Freres, which advised United's pilots union in the labor-management bid to buy the carrier for $6.8 billion...
Since independence in 1946, the Philippines has struggled with its complex love-hate, parent-child relationship with America. Already accused by nationalists of being an American lackey, Aquino had shrewdly kept her silence -- and "my options open" -- in the matter of renewing the leases on Clark Air Base and Subic Bay Naval Base, two of the largest U.S. installations in the world. Now that she has shown herself dependent on U.S. forces there, Aquino may be hopelessly compromised when negotiations on renewing the leases begin shortly. Says a Filipino intelligence officer: "Let's not even talk about the U.S. bases...
Jack Atchison. In 1986 and 1987 Atchison was a managing partner of Arthur Young & Co., the accounting firm that audited Lincoln. Under Atchison's direction, the thrift got a clean bill of health. Later Atchison took a $930,000-a-year job as a vice president with Lincoln's parent company, American Continental Corp. Like his boss, Atchison took the Fifth before the committee several weeks...
...world of microtechnology, where machines the size of sand grains are harnessed to do useful work. Huge numbers of microscopic sensors are already employed to measure the temperature, air pressure and acceleration of airplanes and automobiles. Delco Electronics alone sells 7 million silicon pressure sensors a year to its parent company, General Motors, for use in power-train controls and diagnostics. But scientists at Berkeley, Stanford, M.I.T., AT&T, IBM and a handful of other research centers around the world see much broader possibilities for minuscule machines. They envision armies of gnat-size robots exploring space, performing surgery inside...