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Wheeling-Pittsburgh is America's seventh largest steelmaker (1984 sales: $1 billion) and also one of its most modern. In the early 1980s, the company went heavily into debt to install a new rail mill and two continuous casters. The effort, coming in the midst of the steel industry's problems, was too little and too late. Losses mounted, reaching about $166 million during the past three years. Last week the company filed for protection from creditors under Chapter 11 of the U.S. bankruptcy law, the largest bust in the industry's history...

Author: /time Magazine | Title: Business Notes: Apr. 29, 1985 | 4/12/2005 | See Source »

...occasion last week of Nolan Ryan's unmatched milestone. A crowd of more than 20,000, including Baseball Commissioner Peter Ueberroth, gave the Houston Astros pitcher a two-minute standing ovation when he reached four grand. Ryan, 38, chalked up four more batters before leaving the game in the seventh inning. (The Astros won 4-3.) That 4,004 K mark is 96 ahead of his nearest rival, Philadelphia's Steve Carlton, currently sidelined by an injury...

Author: /time Magazine | Title: People: Jul. 22, 1985 | 4/12/2005 | See Source »

...champion competing in her first Games. In one heart-stopping instant, Decker got tangled up in Budd's feet and crashed. As she cried out with the pain of a torn muscle and the sight of her Olympic dreams sprinting away, boos were showered on Budd, who wound up seventh...

Author: /time Magazine | Title: Sport: The Way It Might Have Been | 4/12/2005 | See Source »

Cahow’s nine saves kept the Crimson (2-7, 0-2 Ivy) close, but Harvard eventually fell 11-10 in overtime to No. 15 Penn (6-4, 3-1) to drop its seventh straight game...

Author: By Paul R. Fenstermaker, CONTRIBUTING WRITER | Title: W. Lacrosse Edged By No. 15 Quakers | 4/11/2005 | See Source »

While the loss was the Crimson’s seventh in a row, morale on the sidelines was high after the game. For a team that has dealt with disappointment all season, taking Penn to overtime was no small accomplishment...

Author: By Paul R. Fenstermaker, CONTRIBUTING WRITER | Title: W. Lacrosse Edged By No. 15 Quakers | 4/11/2005 | See Source »

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