Word: turneritis
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Dates: during 1980-1989
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Sticking intently to the one business it knows best, McDonald's has been able to stay clear of Wall Street's merger-and-restructuring mayhem. The single-minded outfit prefers as few distractions as possible from its imperatives of "cleaner, faster, hotter." Diversify? No way, said Chairman Fred Turner recently to a fellow executive. "We have 16,000 rest rooms," noted Turner. "As soon as those are all clean, we'll talk diversification." Considering McDonald's penchant for perfectionism, that time may be a long...
Last week a painting was sold at auction in London for $39.9 million or, in real money, some 5.8 billion yen. This was the highest price ever paid for a work of art. The multimillion-dollar marvel is now a commonplace of the '80s: a Turner went for $10 million in 1984, a Mantegna for $10.4 million and a Van Gogh for $9.9 million in 1985, and a Rembrandt for $10.3 million and a Manet for $11 million in 1986. Nevertheless, this one brought in more than three times the previous record established in 1983 with the sale...
...know that our fellow Alann Steen is dying." The speaker on the videotape was Jesse Turner, one of four Beirut University instructors taken hostage in January by a pro-Iranian Shi'ite faction known as the Islamic Jihad for the Liberation of Palestine. He was referring to a communique from the group earlier last week announcing that Steen, another of the four, was gravely ill. A doctor who had examined Steen, said Turner, reported that he was suffering a "crisis in his blood pressure," with symptoms that included headaches and difficulty in breathing. The original message warned that the captive...
...Turner was shown from the waist up, bearded and wearing a white T-shirt. His voice was steady and he appeared to be in good health...
...Steen, Turner and two other teachers--Robert Polhill, 53, of New York City, and Mithileshwar Singh, 60, an Indian who is a legal resident alien of the United States--were abducted January 24 from the Beirut: University College campus in west Beirut. Steen, 47, is from Boston, and Turner, 39, from Boise, Idaho...