History

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History/kanter/dt1st/mark2nd

15 YEARS AGO THIS WEEK: McDonnell Douglas Corp., locked in battle with the United Auto Workers, threatened to shut down its commercial airline operations IBM released its first home computer In advance of the 1984 Olympics, L.A. tourism officials announced their new marketing slogan “L.A.’s the Place.”

THE NEWSMAKER

Judith Hofer, president and CEO of May Co. California and one of the state’s highest-ranking female executives, unveiled plans to revamp the struggling retailer, including a $20 million renovation of the chain’s flagship Laurel Plaza store and a relocation of the company’s headquarters from downtown to Studio City.

THE NUMBERS

Dow Jones Industrial Average 1229.27

Gold $337.75 oz.

Pulsar watch $89

Brother EM1 electric typewriter $745

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