Word: product
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Dates: during 1980-1989
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...year-old patient at New York City's Phoenix House drug rehabilitation center who got hooked on crack two years ago. The product of a troubled middle-class family, she was already a heavy drinker and pot smoker when she was introduced to coke by her older brother, a young dope pusher. "When you take the first toke on a crack pipe, you get on top of the world," she says...
...economy is far from ailing, but it may not be as robust as it seems. The Department of Commerce reported last week that the gross national product expanded at a 3.7% annual rate during the first quarter. The strong showing, though, was partly caused by an increase in unsold business inventories. This inventory buildup, the result of sluggish consumer demand, could be a sign of an underlying economic weakness...
When Joseph Papp, the nation's leading impresario of serious drama, decided to produce Cuba and His Teddy Bear at New York City's Public Theater, stage veterans gaped at the good fortune of Playwright Reinaldo Povod, 26. A product of Manhattan's turbulent Lower East Side, Povod had never before even written a full-length play. Envy turned to astonishment when Papp announced the show would star Oscar Winner Robert De Niro in his first stage effort since 1970's One Night Stands of a Noisy Passenger. The seven-week off-Broadway run sold out in three hours. After...
Illegal insider trading can take many forms. Advance knowledge that a company is about to introduce a new product, issue a spectacular earnings report or even be the subject of a flattering story can enable investors to reap easy profits on timely stock trades. But the bread and butter of inside traders is tips about takeover bids...
...bring a loss of business for lenders and the makers of vehicles and heavy appliances. Said Ira Shapiro, director of tax policy at the Coopers & Lybrand accounting firm: "It could change the way people buy big-ticket items. They may prefer to buy the cheaper item in a product line and pay cash for it, instead of borrowing...