Word: terme
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Dates: during 1980-1989
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Most observers believe the court's turn to the right has been accelerated by the arrival of Justice Kennedy, the latest Reagan addition to the court, who is serving his first full term. Kennedy replaced Lewis Powell, a moderate conservative on race questions, after the collapse of the nominations of Robert Bork and Douglas Ginsburg. "The civil rights community mounted this great offensive against Robert Bork," says Walter Burns of the conservative American Enterprise Institute. "Now they're getting what they feared, without him on the court...
...question: When is replacing the hip the best thing to do?). A report in the New England Journal of Medicine suggested that one type of prostate surgery works better than an increasingly popular alternative operation. The American Urological Association is planning an intensive comparative study of the long-term prospects of patients who undergo one of the two procedures...
...Paramount would have to borrow some $10 billion to acquire Time at the offering price, which Davis admitted at an analysts' meeting would mean no earnings for at least two years and would be a long-term drain on operations. At the very least, the debt would impose the kind of cost cutting that has characterized Laurence Tisch's management of CBS. At worst, it could force the sale of certain assets to meet the bankers' bills. Indeed, almost any of Time's defensive strategies would require heavy borrowing that would sap profits from whatever entity results when the dust...
...come-on is trivial over the long pull; it is designed to cloud your judgment. The true rate on this deal is the "nationally recognized interest index plus 1.5%" that Amex talks about. But a footnote reveals this to be an index of short-term, tax-free bonds, the lowest-yielding animals...
American executives were too preoccupied last week with spiriting their non- Chinese employees to safety in Hong Kong, Japan or South Korea to make - long-term decisions. Besides, like the Bush Administration, they had trouble finding out what was going on; several were unable to discover whether their Chinese offices and factories were still open and working. The bloodshed and chaos were known to have stopped some operations. Work ceased at Shanghai factories owned partly by Massachusetts-based Foxboro, an electronics company, and aircraft-making McDonnell Douglas. Chemical Bank suspended its efforts to organize a syndicate of U.S. and Japanese...