On this day

June 27, 1990

Revisit the news, notable people, and historical moments connected to this date.

Historical Context for June 27, 1990

In 1990, the world population was approximately 5,327,803,110 people[โ€ ]

Notable Births

Bobby Wagner

1990Bobby Wagner, American football player[โ€ ]

Bobby Joseph Wagner is an American professional football linebacker for the Washington Commanders of the National Football League (NFL). He played college football for the Utah State Aggies and was selected by the Seattle Seahawks in the second round of the 2012 NFL draft. Wagner also played for the Los Angeles Rams in 2022.

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Headlines from June 27, 1990

Kohlberg, Kravis, Roberts Loan to RJR Renegotiated

By Anise C. Wallace

LEAD: As part of the proposed revamping of RJR Nabisco Inc., partners of Kohlberg, Kravis, Roberts & Company have renegotiated how they will be repaid a $500 million bridge loan they made to the company when their firm took RJR private in 1989.

Financial Desk868 words

BUSINESS DIGEST

By Unknown Author

LEAD: COMPANIES Donald Trump narrowly avoided missing a payment deadline that could have led to personal bankruptcy. But the hard-fought deal with bankers comes at a humbling cost: He has been forced to cede management control over his multibillion-dollar empire, at least temporarily, to the bankers who came to his rescue.

Financial Desk575 words

INSIDE

By Unknown Author

LEAD: Some Iranians Balking At Aid From Enemies Debate raged within the Iranian Government over the propriety of accepting earthquake relief aid from what are seen as Teheran's enemies, like the United States, Iraq and the novelist Salman Rushdie. Page A3. What Happened at the Met? Executives and employees of the Metropolitan Opera said that Hugh Southern's resignation as general manager last week was in fact a dismissal.

Metropolitan Desk158 words

Continental Bank Plans Staff Cuts

By Eben Shapiro, Special To the New York Times

LEAD: The Continental Bank Corporation announced today that it planned to reduce its staff by 900 employees. It said it would establish a $50 million reserve to cover the costs and would have a loss for the second quarter as a result.

Financial Desk482 words

Company Takeover, Tokyo Style

By David E. Sanger, Special To the New York Times

LEAD: If Fuji Heavy Industries Ltd., the maker of Subaru automobiles, were an American company it would probably be a prime takeover target these days, a slowly dying auto maker forced to merge or eventually face bankruptcy.

Financial Desk1865 words

Toxic Waste: Bacteria to the Rescue

By Barnaby J. Feder

LEAD: In H. G. Wells's ''The War of the Worlds,'' invaders from Mars crushed the most powerful weapons the panicked human race could throw at them and were on the brink of total conquest when they were wiped out by the humblest of earthly organisms - bacteria. Now, bacteria are being embraced as potentially potent allies in a more realistic battle against a growing number of hazardous wastes in soil and water.

Financial Desk1300 words

Fernandez Bars a Choice To Run District

By Joseph Berger

LEAD: Schools Chancellor Joseph A. Fernandez yesterday rejected one of three candidates to be superintendent of District 19 in Brooklyn. Mr. Fernandez based his decision on what he said was the official's flawed leadership as a principal and his personal conduct.

Metropolitan Desk893 words