Word: top
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Dates: during 1980-1989
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When Adolph Coors and Bernhard Stroh started their breweries more than a century ago, the beer industry was wide open and hundreds of small companies were able to compete. Today the top five brewers control 90% of the market and the industry is no longer so forgiving. Last week struggling Stroh agreed to sell most of its brewery operations to Coors for $425 million...
...investigated prospects for setting up Special Economic Zones inside China, Jiang referred economic questions to Vice Premier Yao Yilin, an advocate of the strong central planning that stunted the country's development before Deng came to power. Later in the week, Jiang gave a major anniversary address to top party leaders, model workers and soldiers that was larded with phrases from China's Stalinist past. "Failure to stick to the socialist road, while using the blood and sweat of laborers to fatten the capitalist class, will plunge most of the Chinese people into extreme poverty once again," he warned. Referring...
While public agencies concentrate on special-needs children, private agencies remain the traditional vehicle for finding healthy infants. These have historically been clubby, starched places; singles were not at the top of the selection list, nor interracial, gay, handicapped or older couples. While their policies are gradually changing -- especially in helping place older or special-needs kids -- many still primarily serve a specific religious group...
RAISING THE TOP BRACKET. Right now the top marginal tax rate rises to 33% for people earning roughly $50,000 to $200,000, then falls back down to 28%. It's hard to argue that this is fair, though I've loved every minute of it. If the top marginal rate stuck at 33% -- for the rich and not just the upper middle class -- it would raise billions that could be used to lower other taxes...
Aside from a few major hits such as Ghostbusters, The Karate Kid and When Harry Met Sally . . ., Columbia's movie-production unit has been floundering for years. The most spectacular flop: Ishtar, the Dustin Hoffman-Warren Beatty desert lark released in 1987, which lost $25 million. Three top-management teams have come and gone since CEO David Begelman was forced out in 1978 amid a financing scandal. Coca-Cola, which bought the studio in 1982 and still controls 49% of its stock, fired British producer David Puttnam (Chariots of Fire) in 1987 after barely a year at the helm, during...