Word: parents
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Dates: during 1980-1989
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Only two months after Northwest Airlines rebuffed his $2.6 billion bid, Davis has bounced back with an even grander scheme. Last week he offered to pay $5.4 billion, or $240 a share, for UAL, the parent company of United Airlines, the second largest U.S. carrier. UAL's board said it would consider the offer, and sent emissaries to meet with Davis' advisers. Meanwhile, UAL shares rocketed from 164 1/2 to 257 in just four days. Wall Streeters believe that the price could top $300 if other buyers...
...reform plans may be in for some rough weather. Earlier this year, at the Governor's urging, the general assembly enacted new education measures. Among them: a choice plan that will allow students to attend virtually any public school in the state, fines of up to $50 for parents who fail to show up for parent-teacher conferences and a minimum teacher salary of $16,000. But legislators, fearing a voter backlash, refused to pass a 1 cents boost in the sales tax to underwrite the package. Determined to carry through with his program, the Governor has been touring...
...course of its development, the school has emerged as a money-maker for its parent Faculty of Arts and Sciences (FAS), annually bringing in more than $2 million...
...Many a parent has been shocked and offended by the lyrical excesses of heavy- metal and rap music. Now Western Merchandisers Inc., an Amarillo-based record-store chain that operates 119 outlets in the Southwest, has taken a drastic step to ensure that albums like As Nasty As We Want to Be by 2 Live Crew do not fall into the hands of minors. Since June 8, the chain has been slapping little green stickers reading 18 TO PURCHASE on sexually explicit records and requiring customers to present proof of age before they can buy them...
...life of privilege can also be corrupting. Children who have everything given to them may come to believe that they are entitled to anything, that they are above their fellow human beings and above the law. And yet their busy, overachieving parents may not be giving pampered teens what they need most: attention and supervision. "Neglect is abuse," says Randa Dembroff, an official of the Los Angeles County Bar Association. "A workaholic parent is just as abusive as one who physically abuses his children...