Word: steels
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...company, headquartered in New York's Hudson Valley, that has staged a spectacularly successful invasion of the personal-computer market: IBM, the once and future colossus. Says Business Editor George M. Taber, who supervised the story: "After telling the troubles of corporate behemoths like General Motors and U.S. Steel, it is refreshing to describe a major American company that is very successful. IBM is a giant that does just about everything right...
...bridge had undergone inspection last September, but J. William Burns, Connecticut's transportation commissioner, suggested a likely cause of collapse: a structurally crucial steel pin, 10 in. long and 7 in. in diameter that, he said, "is missing or sheared off." The accident has already prompted unscheduled bridge inspections and maintenance in several states. As well it should: the Federal Government says that of 564,499 U.S. bridges, 21% are "obsolete" and 23% are "structurally deficient." Officially, the Mianus River Bridge was neither...
...time when American business sometimes seems to be slipping, IBM's triumphs have served as a reminder that U.S. industrial prowess and know-how can still be formidable. Struggling U.S. steel and automakers have been severely hurt by Japanese and European imports, but Big Blue's competitiveness is unquestioned. The company is the leading computer firm in virtually every one of the some 130 countries where it does business. "IBM is like your papa," says a Swiss computer-marketing specialist, "because it's so big and it's always there." Even in Japan, which...
Brilliant sunshine gave way to rain later in the day when the Pope reached Katowice, a steel-producing city in the Upper Silesian coal-mining region. The heavy downpour did little to dampen the spirit of the crowd of 1.2 million that was waiting for John Paul under a forest of umbrellas in a vacant airfield outside the city. When the Silesians spotted the Pope stepping from the papal helicopter, they let loose with a boisterous chorus of Sto Lat (May You Live a Hundred Years), all but drowning out a brass band of black-suited miners...
That did not please Steel, who called Jenkins' swift decision "quite, quite daft." From the outset, Steel, 45, said that he would happily defer to Jenkins as the Alliance's elder statesman. Suddenly, he found himself threatened by a young politician as ambitious and well spoken as himself. Since the Liberals won more seats (17) than the S.D.P., Steel's M.P.s are already pressing for a larger say in Alliance affairs...