Word: refocuses
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Siegel's guilty plea helped refocus attention on the investment bank that has perhaps suffered most from the aftershocks of insider trading: Drexel Burnham. That firm was quick to issue a statement saying Siegel's offenses took place before he joined the company...
...notion, always more imagined than real, of the corporation as a kind of private-sector welfare state, with unlimited perks and unshakable job security. It also involves frequently deep retrenchment, as U.S. corporations cut back on marginal operations, strip away unnecessary layers of management and staff and refocus their attention on proven areas of profitability. Says James Brown, an executive director of the Conference Board, a business-sponsored research group: "Everybody is cracking down...
...last year, the GSD ran its first balanced budget in four years, registering a $2000 surplus. Dean Gerald M. McCue has launched a major effort to refocus and revitalize the school's academic curriculum, particularly through the strengthening of a new urban planning program and adding new master's degree programs...
Reagan also attempted last week to refocus attention from the immediate problem of Lebanon to his longer-range goal, negotiating a general Arab-Israeli peace based on an "association" of the Israeli-occupied West Bank and Gaza with Jordan. Reagan first welcomed Jordan's King Hussein to the White House and assured him that the pullout of the Marines from Beirut implied no weakening of U.S. support for Jordan against its unfriendly neighbor Syria. The President then invited Egyptian President Hosni Mubarak, who also was in Washington, to join him and Hussein at lunch...
...Yellow Book" leaked out of Chicago headquarters. It laid out the company's woes in a disarmingly direct manner. "We are not a fashion store, we are not a store for the whimsical, nor the affluent," it declared. "Sears is a family store for middleclass, homeowning Americans." To refocus the company, Telling in 1980 promoted Edward Brennan, a third-generation company man, to head the merchandise group-to the astonishment of longtime employees; Brennan was only 46 at the time...