Word: tougher
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Turner needs more than just a brash concept. The merger he is proposing will be far tougher to arrange than last month's $3.5 billion take-over of ABC by Capital Cities Communications. In that deal, the vulnerable ABC willingly agreed to merge with the smaller firm in order to protect itself from undesirable suitors. But CBS is financially brawny and ready for a fight...
State officials could take even tougher action if they decided to suspend Hutton's brokerage licenses. Connecticut has begun hearings on such a move. Hutton now manages $100 million in assets for 13,000 clients in that state. Hutton, declares Brian Woolf, the Connecticut banking commissioner, accepted a public trust but then "betrayed...
...race time last Saturday, the tentative efforts at reconciliation had put most of the bitterness behind them. Slaney wished Budd luck before the race, and afterward complimented her young opponent: "I think Zola ran a good race tonight. I'm glad that she was competitive." But tougher competition may still be waiting down the road. Among the top runners missing from Saturday's race was Rumania's Maricica Puica, who won the Olympic Gold Medal in 8:35.96, 3 sec. slower than Slaney's time last week. Budd, who had predicted before the race that she would lose, was glad...
...geopolitical terms: the strategic importance of the sealanes around the Cape of Good Hope and of South Africa as a producer of precious metals and an anti-Communist bastion. Last week's statements from Washington not only omitted all mention of such considerations, but were delivered in a tougher tone than in the past. Secretary of State George Shultz described apartheid as "an affront to everything we believe in" and viewed South Africa's present policies as doomed. "The only question to be determined," he said, "is how [the end] will come about." The U.S. believes the only solution...
...patrolling police vehicles as "Zola Budd" and "Mary Decker," who competed at the Los Angeles Olympics, depending on which vehicle arrives first at the scene of a disturbance. Says Photographer Peter Magubane, who was raised in Soweto and has covered its life since the early 1960s: "Things are getting tougher, more clinical. If there is a protest march or a funeral procession, you will find buckets of water placed at every house along the way. That's in case there is tear gas, so the marchers can wash it from their eyes and their faces. That was not true...