Word: steels
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...Steel bids for an oil firm
...sound almost perversely cheerful, even while reporting falling orders, production and profits. The reason: they can at last foresee a significant drop in inflation. The Consumer Price Index in September was still rising at a double-digit pace. But producer (wholesale) prices for "intermediate" goods such as textiles and steel showed no rise at all in October, the first time that had happened in six years. Prices for raw materials such as cotton and coal actually dropped a bit for the third straight month. Interest rates were sliding too: major banks last week cut the prime rate (on loans...
...Remembrance, Steel...
...Remembrance, Steel...
...object of all this controversy is a taut, trim man of 55, whose shaven skull and steel-rimmed spectacles give him a remarkable resemblance to Telly Savalas playing Kojak. On one of his periodic forays to the U.S., a week ago, Foucault appeared in the brick-and-glass Davidson Conference Center of the University of Southern California to participate in a three-day symposium on himself. As usual the hall overflowed with students and professors trying to unravel the mysteries of "panoptic discourse," "bio-power" and other matters raised in Foucault's intricately argued and opaquely written works...