Word: towel
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...nothing sacred? The BBC has thrown in the towel on the Queen's English. Hello, a new English-language instructional series being prepared for BBC television, will feature an American among its three hosts. Seems that citizens of the global village, whose idea of proper English was once the measured tones of the BBC, are now more familiar with Yankee accents, thanks to CNN's worldwide reach. Explains Peter Walton, executive producer of the program: "We realized what people want is American English. People were asking, 'Haven't you got anything in American?' " Other BBC broadcasters are doing their best...
...heading for a no-no era denouement. In 1976 ex- encyclopedia salesman William Farley bought a California citrus processor with just $25,000 of his own money. Within years, he ruled over a multibillion-dollar empire. Then came Farley's folly: the 1989 leveraged buyout of sheet-and-towel giant West Point-Pepperell, for $1.6 billion. Burdened by debt, he endured the junk-bond collapse, the recession and the gulf war. But last week Farley accepted a "prepackaged" bankruptcy plan that will slash his share of West Point-Pepperell from 95% to 5%, the biggest blow yet to Farley...
...London's Hyde Park. The occasion, which marked the 30th anniversary of Pavarotti's first major performance, also marked the ninth time in a month that Diana, possibly attempting to squelch growing rumors of marital discord, appeared in public with husband Charles. After huddling under plastic sheeting with a towel over her head during most of the 90-minute program, Diana emerged with dampened hair and less than immaculate clothes. But she still managed to look good when she went backstage to congratulate the grandissimo opera star. Which only proves that Di is fit for reign...
Though many expected the company to throw in the towel, AT&T stunned Wall Street last week by proposing the biggest acquisition in the brief history of the computer industry, offering to buy Dayton-based computer maker NCR for $6 billion. When NCR rejected the initial, friendly offer, its suitor shocked the business world once more by launching a hostile takeover attempt. In a face- to-face showdown with AT&T's board members in New York City, NCR management vowed to resist. But industry analysts generally believe that the big telecommunications firm will ultimately prevail, strengthening...
Executors of the King's estate have licensed the sale of a new Presley spray cologne that will retail at $19.50. No, it doesn't smell like a sweaty towel or a blue suede shoe; the scent is described as a "contemporary, masculine blend of woods, herbs and amber." Read: a good-ole-boy's Old Spice...