Word: shafting
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Takeover wars are always messy clashes of money and egos in which each side accuses the other of trying to give shareholders the shaft. But the bitter and protracted fight for ITT (1996 sales: $6.6 billion) is a throwback to the corporate wars of the 1980s. "It is very troubling that he didn't put the hotel properties up for bidding," says Mark Sirower, a professor of corporate strategies at N.Y.U.'s Stern School of Business and author of The Synergy Trap: How Companies Lose the Acquisition Game. "He's supposed to maximize the value of these assets...
...Kong in 39 years. The fire which began Wednesday burned for 21 hours before being brought under control by firefighters. The search for victims continues Thursday. Fire department officials say the blaze probably started when welding sparks, used during elevator renovation, ignited combustible material at the bottom of a shaft, causing the fire to spread from the basement to the 13th and 14th floors. For security reasons, the 21-year-old building had sealed windows both at the front and the rear, meaning the fire and smoke could not escape and the heat surged through the staircases where rescue operations...
...selling dirty pictures, roses, oriental rugs..." Buchwald talked his way into a job as a nightclub and film reviewer for the Herald Tribune. His career was launched. Buchwald's recollections of the Trib's scruffy Paris bureau--the sound of the printers singing the Internationale booming up the air shaft, with the editorial staff joining in--are lovely...
...addition to restoring the building's historic exterior, HSA is adding an elevator shaft and handicapped acces routes to bring the building in line with codes stipulated by the Americans with Disabilities Act, Rymer said...
...chickadees have to do with anything really important? Peterson, of course, answered that question countless times during the past 62 years. Birds are not only beautiful and fascinating but also early indicators of what is right or going wrong on this planet (think of the canary in the mine shaft). Peterson opened up the natural world to millions of people who might otherwise have gone through life seeing only fluttering shapes and colors. He conscripted through sheer skill and persuasiveness an army of amateur observers; each year, some 24 million Americans make at least one trip from home to look...