Word: shaking
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Last week Ross pushed through a full-scale management shake-up at Atari. Previously separate home-computer and video-game divisions were combined, and three new groups were formed to handle marketing and distribution, product development and manufacturing. Said one former Atari insider: "I'd say it is a desperation move." Atari Chairman Raymond Kassar, 55, survived, but it is unclear how much authority he will have...
While the House renovations will grip under graduates and alter student life for at least three more years, the fire alarm routine may not. Warren F. Clancy, Harvard's superintendent of technical services, believes the alarm frequency will drop, following a customary "shake-down" period and growing familiarity with the easily triggered devices. He notes that while the number of detectors increased from 380 to 2227 between September and April, the number of fire alarms per month had only doubled, rising from 26 to 57. He adds that, in a typical month, the majority of the alarms are triggered...
Marie Ragghianti did not set out to shake up statehouses. She was a Florida beach bunny who believed, Maas writes, that appearances were "what counted, for sure." She learned about skin-deep notions the hard way. Marie faked pregnancy to marry a handsome boxer; he turned out to be an alcoholic wife beater. Then her two-year-old son nearly died of a lung infection...
...bonds worth $2.25 billion. The securities were issued starting in 1976 to pay for two nuclear power plants that have already been scrapped. A default would likely endanger completion of three other unfinished WPPSS plants on which $6.1 billion is owed. Moreover, the uncertainty that it would create could shake the very foundations of the municipal bond market and lead to huge losses for big and small investors alike. Says Robert Adler, a Shearson/American Express vice president: "Small, medium and large investors will all be hurt-all the way across the country...
...clear, sunny Monday afternoon, the ground abruptly began to rumble and shake. In shops, fixtures rattled, goods flew off shelves and windows shattered. In a motel swimming pool, water splashed 30 feet into the air. Walls fell, chimneys crumbled and roofs collapsed. "I was slammed against one wall and then the other," said Eva Rhodes, 75, who had just started to make dinner. Added Cleona McCormack: "The way the floor was rolling, I thought the earth was going to open up and swallow...