Word: sectored
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Such perversity is now commonplace in the city that was at one time a cosmopolitan gateway to the Middle East. Last week in the Muslim-controlled western sector, new depths were achieved when gunmen turned their vengeance on an 84-year-old Frenchman. Camille Sontag and his wife Blanche, 85, were driving along a seaside boulevard when a cab blocked their way. Gunmen leaped from the vehicle and pressed a pistol to Sontag's temple. Seconds later he was packed into the cab and driven away, bringing to nine the number of French currently believed to be held by extremists...
Murphy, who is splitting the liberals and feminists with her opponent, boasts a list of donors from the Dukakis camp and the politically moderate business sector, including Joan T. Bok '51, the president of Harvard's Board of Overseers. Bok is also the chairman of New England Electric Systems...
Income from Coca-Cola's entertainment sector reached $161 million last year, a 33% increase over 1984 and equal to about 10% of the company's overall $ 1985 operating income of $1.045 billion. Considering that promising start, no one believes that Coke's Hollywood shopping spree is over. Says Frank Biondi, executive vice president of the company's entertainment division: "We remain, in the vernacular, on the make." Says Disney's Mellon: "Coke wants to take over everybody. The only number they'll be satisfied with...
...Institutional Investors, a group of pension-fund managers who control assets of nearly $200 billion, had endorsed a ringing "Shareholders Bill of Rights," intended as a challenge to every major U.S. corporate boardroom. Among other things, the group of hitherto largely passive investors drawn chiefly from the public sector demanded a new voice in all "fundamental decisions which could affect corporate performance and growth." Predicted Brenda Steinhour, a money- management executive who observed the session: "Proxy power is going to be a major issue in the world of investments...
...industrial growth in showcase projects like Jubail, a $20 billion new city that rises like a shimmering mirage above the turquoise waters of the gulf. Mile after mile of silver pipes snake across the sands at Jubail, and block after block of beige-colored bungalows fill its residential sector. From Jubail's plants come chemicals and fertilizers as well as iron, aluminum and steel. Planners expect the community to grow from the 30,000 residential workers it now houses to 300,000 by the year...