Word: auto
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Like a good neighbor, State Farm was there last week, settling the most expensive sex-discrimination suit in U.S. history. After 13 years of litigation, the nation's largest home and auto insurer agreed to pay 814 California women $157 million for discriminatory hiring practices during the 1970s...
OVERALL MORTALITY. Leading cause of death: heart attacks and strokes (25% of all deaths). Highest auto death rate: Suriname (33.5 deaths per 100,000 people). Lowest: Malta...
...however, there have been stirrings of counterrevolution. Again the early warning signs are in Latin America. In February an obscure Venezuelan army officer, Lieut. Colonel Hugo Chavez Frias, came within a hairbreadth of toppling President Carlos Andres Perez. Three weeks ago, President Alberto Fujimori of Peru pulled off an auto-golpe, or self-coup, and in effect imposed martial...
...chief executive earns $400,000 in annual pay and the typical head of a major German company makes about $800,000 a year, most heads of major U.S. companies make $1 million to $4 million a year. This disparity was embarrassingly highlighted earlier this year when the Big Three auto chiefs accompanied President Bush on an ill-fated trade mission to Japan. Although General Motors', Ford's and Chrysler's combined losses totaled $7.5 billion last year, their top executives were together paid $5.3 million. Their counterparts at Toyota, Nissan and Honda collectively made $1.8 million...
...such excuses won't fly in Europe, where miles of smooth-riding, durable autobahns and auto routes put American roadways to shame. European highways actually carry more traffic and considerably heavier truck weights than U.S. roads, yet they are smoother and far sturdier. European highways are designed by their builders to last 40 years; the projected life of American roads is half as long...