The missionary widow: Filipina builds on business legacy left by her charismatic husband

Article Abstract:

Loida Lewis has replicated her friend Corazon Aquino's feat of successfully taking up the crusade of a husband struck down in his prime. Unlike the former Philippine president, Lewis married a businessman, African-American Reginald Lewis, who acquired TLC Beatrice in 1987 in a leveraged buy-out. After his death of brain cancer in 1993, she took control of the company, reducing the massive debt left from the LBO and increasing both revenue and profit. Lately she has also helped sell her husband's autobiography.

Management, Appreciation, Businesswomen, TLC Beatrice International Holdings Inc., BIF, Lewis, Loida Nicolas

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Pressler under pressure: U.S. Senator fights to maintain Pakistan sanctions

Article Abstract:

Leaders in Washington are seeking a way out of the impasse created in 1990 by the so-called Pressler Amendment that barred all economic and military aid to Pakistan. The US was going to deliver $1.4 billion worth of military equipment, but the law required the president to certify Islamabad had no nuclear bombs, which it could not do. Pakistan has paid for most of the goods, and a compromise that Senator Pressler opposes would give Pakistan $368 million of the equipment it sought.

United States, Pakistani foreign relations, Pakistan, United States foreign relations, Military assistance, Foreign military assistance

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Home of the brave; Asian immigrants help revive downtown Los Angeles

Article Abstract:

Asian immigrants are overcoming many hardships, including crime and excessive bureaucracy, to build businesses in Los Angeles, CA which in turn, is helping to rebuild the city. Asian entrepreneurs that chose to stay in Los Angeles after the 1992 riots have prospered including immigrants from South Korea, Vietnam and China. These immigrants often set up small factories in areas that have been abandoned by other business operators due to high crime, unemployment and drugs.

Economic aspects, Demographic aspects, Immigrants, Los Angeles, California, Asian Americans in business, Asian American businesspeople

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