Just Six Corporations Remain

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Vol 33 Issue 22

Suburban Teen Has Near-Def Experience

NEWTON, MA—Matthew Denny, a 17-year-old suburban Caucasian, is recuperating following a harrowing near-def experience Monday at Newton's NorthTowne Mall. "He came out of Bradlee's wearing a Starter jacket and Tommy Hilfiger sweatshirt, and suddenly he fell down and went into convulsions," witness Irene Wheeler said. "Writhing on the floor in those baggy pants, he looked like he was on the verge of def." Denny was rushed to a local hospital, where doctors administered emergency doses of Matchbox 20's Yourself Or Someone Like You.

Mongol Hordes Sack U.S.

An estimated $800 billion in damage was caused Monday when a horde of bloodthirsty Mongols sacked and pillaged the U.S. The horse-mounted Mongol warriors, operating from a stronghold in the Canadian wilderness, moved in from the north and plundered U.S. riches, sweeping as far south as Oklahoma before making their way back across the border. President Clinton is calling for the construction of a national moat to prevent future attacks.

Aerobics Show Used For Almost Completely Non-Aerobic Purpose

BELLEVUE, WA—The aerobics program Get Fit With Jenni was used for almost entirely non-aerobic purposes Tuesday, when Seattle-area 15-year-old Brian Elkins vigorously engaged in a low-impact cardiovascular workout while watching the TV show. Elkins performed his semi-aerobic routine while watching 22-year-old host Jenni Raye, clad in a spandex bikini-top and form-fitting lycra shorts, do hamstring-toning leg lifts while bent over on all fours. "We have determined that Brian's heart rate increased by about 35 percent during his semi-strenuous nine-minute regimen," said Elkins family physician Dr. Edward Farber. "His breathing rate likewise increased, and several large and small muscle groups received a modicum of aerobic movement and stretching." Elkins, who woke up with minor soreness the next day, said he "could really feel it working."

Report: Nuclear Arsenal Will Go Bad Unless Used By 2000

WASHINGTON, DC—A Defense Department report released Monday stated that the U.S. has barely a year and a half before its enormous stockpile of nuclear missiles goes bad. "Most of these weapons were manufactured in the mid-'70s with an expiration date of January 2000," the report read. Reacting quickly to the findings, Pentagon officials are hard at work fomenting overseas discord in hopes of preventing government waste.

Viagra Giving Hope To Thousands Of Struggling Stand-Up Comedians

Released only a few months ago, the new wonder-drug Viagra is providing hope for thousands of impotent stand-up acts across the U.S. "Could you imagine if Godzilla took Viagra?" said Chuckle Factory emcee Tony Campanelli, one of the many struggling stand-up performers whose sense of comedic vitality and virility have been boosted by the drug. "That Statue Of Liberty had better watch out." Chicago-area improv-troupe member Bobby Childs agreed. "We just ask the audience to suggest a popular new medication, and someone always yells Viagra. A laugh riot never fails to ensue," Childs said. "Medical science has truly blessed us with a second chance at pleasing audiences."

Area Turtle Owner Enjoys Special Daily Turtle-Time

DEARBORN, MI—Dennis Frye, 31, an unmarried lawn-care-supply wholesaler and home-turtle enthusiast, took special time out Monday, as he does every day, to enjoy quality care, feeding and maintenance of his pet turtle Sheldon.
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Productivity

Scientists Posit Theoretical ‘Productive Weekend’

CAMBRIDGE, MA—Challenging long-accepted scientific convention, a group of leading MIT scientists published a report Thursday positing that, under certain rare and specific conditions, a so-called “productive weekend” is theoretically pos...

Just Six Corporations Remain

NEW YORK—MCI-WorldCom and Bank One-Chase Manhattan merged in a blockbuster $112 billion deal Monday, forming the world's largest telecommunications/banking company and reducing the number of existing corporations to six.

MCI-WorldCom CEO Donald Cosgrove (left) and Bank One-Chase Manhattan CEO Walter Courson celebrate their companies' historic $112 billion merger.

"This is an exciting move for both companies," said Donald Cosgrove, CEO of MCI-WorldCom, whose subsidiaries include SBC-Ameritech, Bell Atlantic-NYNEX and McDonnell Douglas. "As a result of this historic merger, we should be in much better position to consolidate vast amounts of wealth and power in the coming years."

The other five remaining corporations are Daimler-Chrysler, Monsanto-American Home Products, Shearson-Lehman-Chemical-Citicorp-Travelers Group, Paramount-Viacom-ABC-Disney, and Lockheed-Northrop-Boeing-Pepsico.

According to Forbes managing editor Russell Belanger, at the current rate of mergers, there will be only one corporation in the world by 2000.

"The six remaining corporations have shown great interest in merging with each other," Belanger said. "Clearly, the stage is being set for the long-discussed creation of UniCorp, a $92 trillion corporation that produces every product on earth, from canned yams to basketballs to poison gas."

Belanger said mergers are desirable because they give corporations "synergy," enabling them to better sell their products. "Take Paramount-Viacom-ABC-Disney, for example," he said. "Disney makes the movie, Joel Siegel of Paramount-owned ABC-TV gives the movie a rave review, and Disney subsidiaries Blockbuster and McDonald's promote the video release of the movie in their respective stores with mail-in rebates and Happy Meal action figures. It's a win-win scenario."

Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday's merger as "an excellent move."

A spokesperson for the newly formed Bank One-Chase Manhattan-MCI-WorldCom said the company plans to cut 92,000 jobs this month.

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