Word: waved
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Dates: during 1980-1989
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...sense, however, Big Bang is already under way. As a warm-up to deregulation, the London Exchange on March 1 inaugurated Little Bang by inviting foreign firms and British banks onto its trading floors for the first time. The move spurred a wave of foreign invaders seeking to join the action. Tokyo-based Nomura Securities, the world's largest investment firm, and New York City's Merrill Lynch, the biggest U.S. broker, have already become Exchange members. Some 30 others plan to do the same...
Cooking and prospering in America seem to be the wave of the present among many leading French and Italian chefs and restaurant owners. Their influx has been most apparent in New York City, where at least six have opened shop in the past year. One of the most successful offshoots is Le Bernardin, a copy of the Parisian two-star fish restaurant, located in a comfortable if somewhat stuffy setting in the new Equitable Center. Le Bernardin is run by the brother-and-sister team of Gilbert (the chef) and Maguy (the hostess) Le Coze, owners of the Paris original...
Other landlocked beach bums flock to wave pools. These are giant tanks the size of football fields into which water is pumped, flushed or paddled to produce breakers three to six feet high. Today there are more than 100 tanks around the country, up from 30 five years ago. Geauga Lake, an amusement park near Cleveland, has even staged exhibition surfing in its wave pool...
...beach look leaves some veteran wave climbers bemused. Ed Hagan, 33, of Queens, N.Y., remembers how at the age of eight he transported his % surfboard on a converted shopping cart to Rockaway Beach. "All you ever needed was a board, trunks, wax and the urge to get wet." What? No multicolored zinc oxide...
Michael Crete and R. Stuart Bewley, two entrepreneurs in Lodi, Calif., helped get the wave rolling when they invented California Cooler in 1981, taking their recipe from traditional beach-party punches made of white wine, fruit juice and soda. By the time they sold their business last September to Louisville's Brown-Forman distillers for $146 million, more than 75 imitators had appeared on the scene. This year an estimated 70 million cases of wine coolers will be sold, up some 72% from 1985, making a total market of more than $1.2 billion...