Word: steeling
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Dates: during 1980-1989
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...consternation. "If we'd known there would be so much trouble, we'd have changed our name to the Gotham Globe, or the Daily Bugle. Then we'd only have to worry about bats and spiders knocking at our office, and not the Man of Steel...
Three of the largest U.S. companies-Chrysler, International Harvester and Bethlehem Steel-together have unfunded pension liabilities that now total billions of dollars...
...original value at the time of his death. Concedes John Balch, vice president and treasurer of the Jewel Companies, a supermarket and drugstore chain: "In most cases right now, pensions end up being inadequate." Edward O'Gorman of Houston worked as an accountant for a steel-fabricating firm for 30 years and luckily invested well. Says he: "I couldn't go a week on my pension without other financial support. Everyone I know uses other income to supplement his pension...
Kuwait has justly earned a reputation for being the savviest investor among the world's oil rich. The Persian Gulf sheikdom of 1.4 million people has aggressively bought everything from a West German steel mill to a South Carolina resort community. Last week Kuwait struck its biggest, and potentially most controversial, deal yet: a $2.5 billion takeover of the Santa Fe International Corp., of Alhambra, Calif., a leading oil-drilling contractor (1980 revenues: $1.2 billion...
...protect the driver from any interference. Yet oncoming cars on cross streets are difficult, if not impossible, to see, and the clear track ahead dulls a driver's awareness that a child chasing a ball may dart out at any moment from the barriers of pain ted steel...