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Dates: during 1980-1989
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...advertising firm. The agency, which created the Man in the Hathaway Shirt campaign and today's sleek celebrity ads for American Express, has been independent since it was founded in 1948. If Sorrell were to succeed in taking over Ogilvy, his combined empire (estimated annual billings: $13.5 billion) would rank a close second to Britain's Saatchi & Saatchi, the world's largest ad firm. That may be more than a coincidence, for Sorrell was once the top financial officer for Saatchi. Rivals in the ad industry charge that his acquisition campaign is driven by a need to top his former...

Author: /time Magazine | Title: Machiavelli On Madison Avenue | 5/15/1989 | See Source »

...April, the Oregon senate passed a bill that would extend Medicaid coverage to 86,000 low-income people previously not covered. There would, however, be limits to the care they could expect. The measure, now before the lower house, would also establish a commission of experts and consumers to rank health services in order of importance; the legislature would then decide which to finance. Oregon has already set up committees of doctors, nurses and social workers to & establish priorities in four medical categories covered by Medicaid. Prenatal care, nutrition, immunizations, birth control and abortions rank high on the lists, while...

Author: /time Magazine | Title: Ethics: Rationing Medical Care | 5/15/1989 | See Source »

...inspired a transatlantic merger last week. London's Beecham Group, maker of Tums antacid, and Philadelphia's SmithKline Beckman, developer of the anti- ulcer drug Tagamet, said they will form a company with more than $6.7 billion in total sales. The merged corporation, to be renamed SmithKline Beecham, will rank No. 2 in the pharmaceutical world to New Jersey-based Merck...

Author: /time Magazine | Title: PHARMACEUTICALS: Prescription For a Merger | 4/24/1989 | See Source »

...manifestation of this neglect, a group of Massachusetts biomedical firms are contemplating leaving the state because of the shortage of adequately skilled workers here. Companies such as these are not short of scientists and top researchers. They are lacking competent, literate rank-and-file employees, he said...

Author: By Steven J.S. Glick, | Title: Staking the Claim for Education | 4/22/1989 | See Source »

...pilots' union has looked favorably on the deal. So have rank- and-file machinists, but by week's end machinists' union officials were criticizing the transaction as a giveaway to Lorenzo. "I think the deal stinks. They are cutting up Eastern so that it can't survive," said Wally Haber, senior general chairman of the airline's machinists' union. "I like to play baseball, but I like to play on a winning team." Some labor officials may have been talking tough because they still had to go to the bargaining table with Ueberroth...

Author: /time Magazine | Title: Peter Ueberroth: The Designated Hero | 4/17/1989 | See Source »

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