Word: suburbanization
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Dates: during 1980-1989
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Alpert and Moss started the company with a $200 investment 27 years ago in the garage of the trumpeter's home in suburban Los Angeles. A&M, with sales of $300 million last year, has a stable of recording stars that includes Janet Jackson, Suzanne Vega, Toni Childs and Sting. Says Alpert, 54, who will continue to help run A&M after the merger is completed: "We'll have more visibility and more muscle...
...polls quickly showed that more than 60% of Floridians opposed further restrictions and that only 24% would vote for Martinez again. Even members of his own party, worried that an antiabortion label would hurt Republicans among suburban and women voters, began denouncing the special session as a costly waste of time. Just days before the session opened, Florida's supreme court ruled that abortion was protected by the state constitution, which contains a right-to-privacy clause approved by the voters in 1980. The court went on to overturn a state law requiring that parents be notified when their teenage...
...never believe you're in New York," says Irving Cohen. He and his wife Mary come in from suburban Long Island to visit their grandson and enjoy the place. For Nancy Marshall of Kearny, N.J., the scene is a revelation: "I went to school in this neighborhood 30 years ago, and none of this was here. It's so unexpected, so peaceful...
...older children missed Newton, where every house had children, and there was a park, and they could always go out and kick a ball around with a group of friends," says Jana Kiely. She says she found it difficult to move from a neighborly suburban environment to an area where she and other parents had to arrange getting their children together...
Given a choice between two product lines, one thriving and the other struggling, most companies would have no problem deciding which one to embrace. But for Zenith, the decision was painful. The suburban-Chicago company surprised the high-tech industry last week by agreeing to sell its prosperous computer division to France's Groupe Bull for about $635 million. In doing so, Zenith, the last major U.S. maker of TV sets, decided to stake its future on that risky and supercompetitive business...