Word: seconds
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Dates: during 1980-1989
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...condition of the economy. The economy remains well balanced, and the outlook is for continued moderate growth." But Massachusetts Democrat Edward Markey, who chairs a House subcommittee on telecommunications and finance, vowed to hold hearings this week on the stock market slide. Said he: "This is the second heart attack. My hope is that before we have the inevitable third heart attack, we pay attention to these problems...
...from signs of a new burst of inflation to sagging corporate profits to troubles in the junk- bond market that has fueled major takeovers. The singular event that shook investors was the faltering of a $6.75 billion labor-management buyout of UAL, the parent company of United Airlines, the second largest U.S. carrier. "That's when all hell broke loose," said Robert Newman, a floor trader for Equitrade Partners. "It was very reminiscent of something I do not care to think about...
...broken. Today is No. 1 in the morning-news ratings, and has been for nearly four years. Yet its margin over ABC's Good Morning America has been shrinking. For the past two weeks, Today has led by only 0.4 of a rating point, and it has fallen to second place in the key demographic group of women ages 25 to 54. "There were a lot of people who thought the show was a little stale," says an NBC executive, "and that maybe it's when you're on top that you should do something about...
...Rico Royale No. 5 -- which provides a lot of volume but requires cast-iron lips to play. (Benny Goodman once borrowed Woody's clarinet for a sit-in and had to shave the reed down with a kitchen knife before he could get a toot out of it.) Second, by playing an Albert System clarinet -- an antiquated, wide-bore instrument based on a virtually obsolete fingering method. Why the Albert System? "Because all the guys I liked played the Albert," says Woody...
Square Books (25,000; Oxford, Miss.). This charming store in a Reconstruction- era building carries a full range of titles and offers tomato-basil pie in a second-floor cafe. Owner Richard Howorth maintains a local flavor with a section devoted to Oxford's best-known citizen, William Faulkner. A small sign above the stack of copies of the 8 1/2-lb. Encyclopedia of Southern Culture reads, $5.98 PER LB. SAME AS CATFISH FILLETS...