Word: makeing
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Dates: during 1990-1990
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...dramatize their plight, four Burmese hijacked a Thai Airways jetliner on Saturday and demanded the release of imprisoned dissidents. After diverting the Bangkok-to-Rangoon flight to Calcutta, the hijackers said they wanted to make the world "hear our pleas for justice and human rights." They surrendered peaceably to Indian authorities...
...N.F.L. last month after he denied a female reporter access to the team's locker room. A problem has emerged, however: the one-size-fits-all wrap isn't big enough for five members of the Green Bay Packers in the 300-lb. range. McArthur plans to custom-make some wraps for them with a bit more room...
...most obvious ways for companies to make ends meet is to cut costs, which includes heavy trimming of the payroll. Over the past two years, Goodyear has pared its work force by some 6,000 workers, to 109,000. Businesses are also reducing overhead by cutting expenses and perks. Marriott, the highly leveraged hotel chain, recently instituted a salary freeze of up to one year for senior managers and three months for administrative and clerical help. Harcourt sold off its fleet of corporate jets and got rid of its chauffeur-driven limousines...
Under those circumstances, debt can make firms less competitive. Since RJR Nabisco's leveraged buyout in late 1988, in which the corporation assumed some $25 billion in debt, the company has lost market share to rival Philip Morris because RJR's management is so absorbed with managing the huge LBO, many analysts contend. In addition, loan payments, which average 30% of corporate cash flow, often divert money away from more productive pursuits, including research, advertising and capital spending. While Phillips Petroleum was digging out from under its $9 billion debt, the corporation had to pass up several opportunities to acquire...
...might have been otherwise had President Bush not waited until after the election to announce that he was nearly doubling U.S. troop strength in the Persian Gulf. As it was, only a few sitting members of Congress were defeated, hardly enough to make more than a token difference in the composition of the Senate (where the Democrats picked up one seat) and the House (where they picked up eight). In fact, the most significant result involved a politician who wasn't even on the ballot. For if the election of 1990 changed nothing else, it undermined the perception that George...