Word: steels
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Dates: during 1980-1989
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Along with the Senate and the Baseball Hall of Fame, the Dow Jones industrial average is among the most exclusive clubs in the U.S. Its members read like a Who's Who of American industry. Stock prices for General Motors, IBM, Exxon, AT&T, U.S. Steel and 25 other blue-chip companies make up the widely watched Dow Jones average. Last week the editors of the Wall Street Journal, who choose the Dow's members, reshuffled the club's roster. Added to the list were McDonald's, the fast-food giant, and Philip Morris, maker of Marlboro. Dropped from...
There's a lot of hate in this film. There's an attitude that problems are not solved with talk but with muscle and assorted steel by-products. Granted that when you go into a Schwarzenegger movie, you should expect more violence and less categorical imperative. Unfortunately, Commando isn't even entertaining at the gut level envisioned by Director Lefter. It just isn't creative or spirited enough, and it is specifically creativity and spirit make a good adventure flick, not the final body count. If you're going to kill someone, at least kill them in an interesting...
...northwestern hamlet of Szczecinek, voting was temporarily disrupted when a woman gave birth to a healthy son beside the ballot box. In Walesa's hometown of Gdansk, 3,000 people marched through the streets carrying a banner that proclaimed WE WON'T GO TO THE POLLS, and in the steel-mill city of Nowa Huta, hundreds of youths clashed with plainclothes police. The head of Poland's Roman Catholic hierarchy, Jozef Cardinal Glemp, was conveniently in Rome on election day, and most of the country's 22,000 Catholic priests stayed away from the polls...
Sixty percent of the monikers stem from mergers, acquisitions or divestitures. Republic Steel and Jones & Laughlin Steel merged into LTV Steel. Other conversions occur because executives are looking for a new style. Zenith Radio sought to be up-to-date by becoming Zenith Electronics. International Harvester, a truck manufacturer that was near bankruptcy two years ago, plans to change its name this year. It may become Navistar, evoking an image of starry skies instead of cornfields. A heavy truck by any other name, however, is unlikely to be sweeter...
DIED. Roger Miles Blough, 81, scholarly, reserved chairman from 1955 to 1969 of U.S. Steel, then the nation's fourth-largest company in terms of assets and the flagship of U.S. industry, who in 1962 had the misfortune to tangle with President John F. Kennedy over a proposed steel-price rise; in Hawley, Pa. An infuriated Kennedy called out several federal departments and agencies, including the antitrust division and the FBI, to investigate U.S. Steel; Blough had to back down from the price boost after other steel companies declined to follow his firm's lead...