Word: twinsburg
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...Bahman Guyuron of Case Western Reserve University in Cleveland, are plastic surgeons who study faces for a living. They analyzed photographs of the faces of 186 pairs of identical twins taken at the Twins Days Festival, a sort of twin-pride event held every summer in (naturally) Twinsburg, Ohio. Because the pairs had identical genetic material, differences in how old they looked could be attributed entirely to their behavioral choices and environment. Guyuron's team had the twins fill out extensive questionnaires about their lives - everything from how many times they had married to whether they regularly used sunscreen. Then...
Guyuron doesn't recommend that people gain weight just to look younger, and one limitation of his study is that the Twinsburg photos included only faces. If they had shown the whole body, the judges may have knocked a couple of years off the age estimates of those who had kept a youthful figure - and added a couple of years for those who were well fed in the middle...
REVCO D.S. Back in 1986 it was the largest U.S. drugstore chain. Revco plunged into an LBO that year after Herbert Haft, chairman of the Dart Group of retailing companies, made a bid for the Twinsburg, Ohio-based firm. With advice from Salomon Brothers, Revco chairman Sidney Dworkin led a $1.3 billion LBO financed largely by junk bonds that paid more than 13% interest. The company then expanded its line of merchandise to include video players and ^ electronic appliances in the hope of boosting business. Bewildered customers began shopping elsewhere, and Revco fell short of its sales and earnings targets...
...more immediate danger is the debt being loaded on corporate America. This summer Revco, a chain of 2,000 drugstores based in Twinsburg, Ohio, defaulted on $700 million worth of bonds and went into bankruptcy proceedings just 19 months after going private in a leveraged buyout. Some experts fear that Revco will be one of many major failures resulting from the buyout binge. In the first half of this year, Standard & Poor's lowered the investment ratings for $216 billion worth of corporate securities, while raising the standing of only $130 billion in such debt. Warns economist Henry Kaufman...
...them filed suit last week asking that Chrysler, ninth largest U.S. company, be placed in receivership. The three stockholders: Chief Chrysler Critic Sol Dann, a Detroit lawyer, Samuel S. Schwartzberg, a New York Chrysler stockholder, and Detroit Attorney Karl S. Horvath, a former production manager of Chrysler's Twinsburg, Ohio plant. Charging "gross and unconscionable mismanagement" and "fraudulent practices dating back to 1940," the suit-third to be filed by Chrysler stockholders in the past month-charges three top Chrysler officials with improper dealings with suppliers...