Word: weekes
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Dates: during 1980-1989
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...They contend that the area is geologically insecure: Lathrop Wells volcano is twelve miles away, and Nevada ranks just behind Alaska and California in frequency of earthquakes. As a result, Nevada has refused to issue the environmental permits needed for a study of the site. The DOE announced last week that it has asked the Justice Department to file suit against the state...
...shoppers streamed through the B. Altman department store in Manhattan last week, many of them looked wistfully at the lush elegance that surrounded them. The Renaissance-style emporium, completed in 1914 and situated across the street from the Empire State Building at 34th Street and Fifth Avenue, boasts crystal chandeliers and parquet floors, lofty ceilings and broad aisles. B. Altman, with its 124-year-old reputation for quality and gentility, is going out of business. Six of Altman's seven stores, situated mostly in New York, Pennsylvania and New Jersey, will be shuttered next month because its current owners were...
That prospect is disappointing to Altman's devotees. "I'll be very sorry to see it go," said G.V. Biden, a customer since 1951. As shoppers last week scouted for bargains among Ralph Lauren shirts and Anne Klein coats, some decided to hold out for even steeper discounts. Sigoloff concedes that in the next few weeks "you'll see some serious price cutting as we try to move the older B. Altman inventory." GOING OUT OF BUSINESS, blared the bright red signs scattered throughout the old emporium. CLOSING OUR DOORS FOREVER...
...during the July-September quarter compared with 1988's third period, major investment firms have announced the layoffs of nearly 2,000 employees in recent months. Particularly sharp cutbacks have come at Shearson Lehman Hutton, which is dismissing 800 of its nearly 37,000 workers and said last week it would reshuffle its top management...
...Swiss military has not engaged foreign troops since 1815, when Napoleon's army withdrew after a 17-year occupation. As a result of Switzerland's extraordinary military preparedness, no aggressor since then has seen fit to challenge its control of the mountain passes. Last week, however, the Swiss army suffered a rare setback -- not in battle, but at the polls...