Word: stepped
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Dates: during 1990-1990
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...Federal Reserve Board to reject Simon's latest deal on the ground that it would substantially lessen competition among Hawaii's banks. In its application, First Hawaiian, which has 58 branches, said it would sell three offices outside Honolulu once the merger was approved. Bank officials had hoped the step would help eliminate antitrust objections to the purchase of First Interstate. Even if the Federal Reserve ultimately approves the merger, Justice could go to court to block the deal...
...earned respectful -- but qualified -- reviews from car critics, who praise its crisp handling, handsome interior design and solid workmanship. "A major step forward for General Motors," said Road & Track, while Motor Trend lauded the sports coupe as "a remarkable feat for the home team . . . something to be proud of." Even so, some critics complained about excessive wind noise and the raucous sound of Saturn's engine at high r.p.m., which Car and Driver described as "a chorus of Osterizers." Other critics found Saturn's styling to be too similar to other GM models...
...loopholes as the tax exemption on inherited capital gains. That exemption alone costs the Treasury $5 billion a year and benefits mostly wealthy heirs. The fiscal prestidigitation has not abated: the Rostenkowski plan would have socked it to middle-income families by delaying inflation adjustments for a year. That step was needed because the House scrapped a 9 1/2 cents-a-gallon hike on gasoline that would not only raise $45 billion but also encourage conservation and help the environment...
...combining reagents in a laboratory flask. Last week the Royal Swedish Academy returned to the roots of the science. Elias James Corey, 62, who won the Nobel Prize for Chemistry, is an organic chemist's chemist, a master of the art of making biological molecules one painstaking step at a time...
...move leaves Singapore (pop. 2.7 million), one of the Pacific Rim's most dynamic centers, as that rarity, a non-Communist country without some edition of the far-flung financial newspaper (worldwide circ. more than 2 million). The Journal's decision also marks the latest step in a long-running feud between the island republic and foreign-based publications in general about the government's right to reply to coverage. The circulation of the Asian Wall Street Journal was cut in 1987, when the paper refused to print in full a lengthy government letter about an article on a proposed...