Word: steels
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...security lapse? And how could such a thing happen in a fortress like Maze, which has every security device available, including multiple 15-ft. fences and an 18-ft. concrete wall topped with barbed wire around each cell block? All gates around the 144-acre complex are solid steel and electrically operated. The prison is even built on solid concrete to foil tunnel builders. If last week's angry mood holds, the investigation could claim some high-ranking victims. -By Louisa Wright
Only a decade ago such big deals would never have been seriously considered for fear that Government antitrust officials would stop them dead. But the merger plans announced last week by two pairs of leaders in the railroad and steel industries have a good chance of winning Washington's approval. With Smokestack America in a period of decline and retrenchment, the Reagan Administration tends to look favorably on consolidations that could make weak companies stronger. In addition, stiff competition from abroad has made the antitrust laws increasingly irrelevant for many important industries...
Trying to Survive in Steel...
...part of Smokestack America is sicker than the steel industry, which lost $3.2 billion last year. Since the late 1970s, the number of blue-collar workers in the industry has plunged from 340,000 to 173,000. Formidable foreign competitors, led by the Japanese, have captured nearly 20% of the U.S. market. Doubts are rising as never before about America's ability to remain a major steelmaking power...
Battleships, cruisers, destroyers stood off the coast, wrapped themselves in smoke screens and hurled steel from 640 guns. Never before had a target been subjected to such overwhelming bombardment from...