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1985 Year

SPORTS
March 27, 1990 | EARL GUSTKEY, TIMES STAFF WRITER
Beyond the grave site, in the stands of trees rimming the grassy field bordering the cemetery, birds are singing in the early morning chill. Cus D'Amato died at 77 in 1985, one year before his protege, Mike Tyson, won his first heavyweight championship. D'Amato lived the last 17 years of his life in this Hudson River town of 2,500, about 100 miles north of New York. He lived in a 14-room Victorian home, owned by Camille Ewald, on a bluff overlooking the Hudson.
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BUSINESS
June 18, 1985
The Commerce Department reported that the deficit increased to $30 billion in the first quarter of 1985. Commerce said the deficit for the quarter, however, was below the record $32.9 billion in the third quarter of 1984 but well above the revised $25.5 billion for the fourth quarter of last year. The 1984 total was a record $101.6 billion, more than double the $41.6 billion in 1983.
NEWS
May 2, 1986 | United Press International
Japanese employment remained stable in the 1985 fiscal year, with the jobless rate averaging 2.6%, down 0.1% from 1984, the government reported Thursday. The report said that 1.58 million people were jobless in the year ending March 31, a decrease of about 10,000 from a year ago.
ENTERTAINMENT
March 18, 2012 | By Jori Finkel, Los Angeles Times
Nicolas Berggruen travels more in three months than most people do in a lifetime. Dubbed "the homeless billionaire" because he prefers living out of five-star hotels to owning any homes, his business and nonprofit ventures this winter alone have taken him to Singapore, Tokyo, Hong Kong, Beijing, New Delhi and Zurich, with a side trip to Antarctica. So it's not entirely surprising to learn that Berggruen, who owns a Gulfstream IV, is not big on cars. "I can drive," said the energetic, boyish-looking 50-year-old.
BUSINESS
November 1, 1989 | From Reuters
Labor costs for U.S. employers rose 1.6% in the third quarter, the Labor Department said Tuesday, the steepest increase this year and a sign of rising inflationary pressures. The department also said wages have jumped at their highest rate in the past 12 months since September, 1985. The department reported that gross pay, after deducting benefits, rose 4.6% in the year ended Sept. 30, against a 5.0% gain for the September, 1985, year. The 1.
BUSINESS
July 25, 1985
Baker International, the Orange-based oil-services company, said its third-quarter profits jumped nearly 21% to $23 million from $19 million while revenue increased a modest 2% to $471.5 million from $461.5 million a year earlier. Chairman and Chief Executive E. H. Clark Jr. said the gains were largely the result of cost-cutting efforts, improved efficiency and lower interest expenses due to declining interest rates. For the first nine months of the 1985 fiscal year, Baker had profits of $61.
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