Word: posts
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Dates: during 1980-1989
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...showdown had all the breathless drama that readers of the tabloid New York $ Post (circ. 480,000) have come to expect. Australian-born Media Baron Rupert Murdoch, selling the Post to comply with a federal ban on owning a newspaper and broadcast station in the same city, had threatened to shut down the paper unless unions agreed to $24 million in cost reductions. Murdoch said he needed the cuts to complete the sale of the paper to New York Real Estate Developer Peter Kalikow for $37 million...
...Friday deadline neared, the Post and its unions remained $3 million apart. Rather than stop the presses, Murdoch agreed to stop the clock. At 1:50 a.m. Saturday, the unions consented to $21 million in concessions over the next three years and Murdoch agreed to make a $3 million contribution to restore some pay cuts for remaining employees. The agreement saved the Post from printing its final edition after 187 years...
...Post-preppies hang them loose over blue jeans. Club-hopping Angelenos sport them with black sweat pants, tennis shoes and a man's oversize blazer, while budding Wall Street aces tuck them under red suspenders. Corporate CEOs never took them off. They're chic; they're hip; they're the very cutting edge of fashion. And they look great with a tan. Please welcome that old standby, and new mainstay, white shirts...
Personal shots. Last week Gephardt Campaign Manager William Carrick apologized to Al Gore and Fred Martin, Gore's campaign manager, for calling them "bastards" in a Washington Post interview. The bad blood dates back to Gore's December win in the South Carolina straw poll. To hype the victory, the Gore camp issued a press release declaring that Carrick had personally led the Gephardt effort in the state. In fact, Carrick had returned twice to his native South Carolina, but only to visit his ailing mother...
COVER: The candidates head South in search of the country' s post- Reagan soul...