Word: sevens
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Dates: during 1980-1989
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...biggest exporter of metallurgical coal in the U.S., Pittston has seen the world price of its product halved (to $30 a ton) in the past seven years. To trim costs, Pittston offered its employees a $1-an-hour raise in exchange for reduced health benefits -- from 100% coverage to 80% with a deductible -- and a seven-day-a-week "flex time" work schedule. Losing their precious Sundays as well as part of their health plan was too much for the miners. On April 5 they walked...
...empire. Sorrell and a partner paid $676,000 for a controlling share in WPP in 1985, then used the company as an acquisition vehicle; they have bought 39 marketing and advertising firms so far. His most stunning triumph was the 1987 purchase of the JWT Group, an American conglomerate seven times the size of WPP. The $566 million deal was the first hostile takeover in the U.S. ad industry. Under WPP's control, JWT's pretax profit margin has increased from a weak 5% of sales to a respectable...
...whimpering finale to Moscow's Viet Nam. Surely it would be only a matter of time -- months at most -- before the collapse of the Kabul government led by President Najibullah, the weak puppet left in place by the withdrawing Soviets. Succeeding him would be an interim government composed of seven U.S.- and Pakistan-backed mujahedin factions...
What is this? Where are we? Good question. Technically, we are in American ; Samoa, an "unincorporated territory" of seven tiny volcanic islands administered since 1951 by the U.S. Department of the Interior. Physically, we are midway between Hawaii and Australia, on the only piece of American soil south of the equator, and on the very edge of the international date line (this is one of the last places on earth where the day begins). Officially, we are celebrating Flag Day, the 89th anniversary of the first raising of the Stars and Stripes on this palm-fringed South Sea bubble...
...occupying Turks, allies of Germany -- had pop-myth possibilities. Thomas' publicity essentially created the figure known as Lawrence of Arabia, but others contributed to the saga. Robert Graves wrote a life of Lawrence that appeared in 1927, when its subject was only 39. Lawrence told his own story in Seven Pillars of Wisdom, which was published shortly after his death from a motorcycle accident...