Word: stakes
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Dates: during 1990-1999
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...that the labeling rule shields them from liability suits by pre-empting state personal-injury laws. Cipollone's attorney Marc Edell, representing her son Thomas, responds that "Congress never intended to prohibit suits that attack the inadequacy of the warning or the advertising practices of the cigarette manufacturers." At stake: potentially billions of dollars in damages from similar suits...
...business people who stake their livelihood on shifts in consumer behavior see thousands of small changes that they believe are adding up to something. At a Brookstone store in Boston, a man exchanges a gift, trading in a $99 executive fountain pen ("I'll never use it") for a car-care kit. Suddenly people want to buy toys that don't take batteries. Sales of dolls are up. Power dressing is out. One sign: shoulder pads, standard issue for the female corporate warrior, are finally disappearing from women's clothing. Even designers are getting into the act: Donna Karan...
...revenues and created an army of front companies to put it in banks and investments around the world. Such unprecedented thievery would dwarf the more than $200 million that authorities in the Philippines say former President Ferdinand Marcos looted from that nation's treasury. With so much at stake, governments around the world rushed to dig through mountains of financial documents last week to find Saddam's hidden wealth...
...through scores of dummy firms and dozens of foreign banks. Conspicuous among the financial institutions was B.C.C.I., now based in Abu Dhabi, which Kroll called "one of the more prominent banks in handling Iraqi money." Saddam also used a Panamanian shell company called Montana Management to acquire an 8.4% stake in Hachette, the publisher of such popular magazines as Elle, Woman's Day and Road & Track. While Hachette swiftly denied that Montana played any role in its management, nervous investors unloaded the media giant's stock, causing it to lose 3.6% of its value in a single day once...
...page pact between the French government and the Walt Disney Co. stipulates a 49% ownership stake in Euro Disneyland for the U.S. firm, with the remaining 51% of the shares held by investors. Euro Disneyland shares will be traded on the Paris Bourse. Disney will retain operational control of the facility. As part of the deal, the government is lending Disney $920 million at a remarkably low 7.85% interest rate. Disney has agreed to use European firms for 90% of its goods and services, and will pay for various roads to be built near the complex...