Word: pump
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Dates: during 1980-1989
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Having paid heavily to pump up their images, footwear-makers capitalize on their cachet by emblazoning their emblems on clothing. Nike, whose apparel sales reached $208 million in fiscal 1989, sells hundreds of garments ranging from lemon-colored cotton jerseys to hot-pink bicycle shorts. Next spring Nike will launch an Aqua Gear line for wind surfers and other hardy types...
Such punishments can sometimes be draconian. Gas-pump owner Oscar Porcelli, for example, faces the prospect of losing his string of New York gas stations for a RICO conviction stemming from sales-tax evasion. "He made a mistake, but not a mistake that should warrant shooting him with a cannon," says his attorney, Vivian Shevitz...
Market Darwinism often condemns admirable art to obscurity. We need more federal aid to prime the cultural pump -- even if some of it goes to artists who offend...
...almost any abortion, hopes to keep the race focused on other subjects. Says he: "My priorities are auto insurance and environmental issues and crime." But the issue he is trying to duck may bite him anyway. The National Abortion Rights Action League, scenting a favorable political test, vows to pump as much as $500,000 into campaign ads to keep the spotlight squarely on abortion. Says N.A.R.A.L. executive director Kate Michelman: "The New Jersey gubernatorial race is the first example of what we are going to do around the country...
Just in time to hit motorists at the start of the peak driving season, gasoline prices have risen about 25% in the past two months, to a U.S. average of $1.25 per gal. The pain at the pump is largely the result of higher crude- oil prices, and no relief is in sight. Members of the Organization of Petroleum Exporting Countries, whose squabbling has sometimes led to price wars, were relatively cooperative with one another when they met last week in Vienna. Because of strong worldwide demand for OPEC's crude, the group decided that it could boost its self...