Word: auto
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...permutations until they give up and opt for Waco. That furnishes the underpinning for the legend of the ghost of I-35. It is said in Western truck stops that once a young couple with a small child (some versions claim twin children) circled Dallas in July until their auto air conditioner failed and they died, and that on still nights when the moon is full and there is a lull in traffic, you can hear the wail of a child...
...Washington last week, the organizers of the Draft Lee Iacocca for President Committee, some of them experienced political consultants, announced their determination to persuade the bluntspoken 61-year-old auto manufacturer to pursue the Democratic nomination for the presidency. After analyzing the nuances of electoral rules and regulations, the committee members declared that they plan to launch a campaign without their candidate's consent. Their hope was that Iacocca would eventually give in to the pressure of voter support and join the race. "Mr. Iacocca would probably prefer for us to cease and desist," conceded the group's chairman, Michigan...
...businessman might work against Iacocca the presidential candidate. Could a hard-driving corporate titan, accustomed to speaking his mind and having his way, cope with the subtleties and compromises of American realpolitik? The draft-Iacocca boosters may underestimate the depth of his lifelong love affair with the auto business. He adores the nuts and bolts of it, the marketing strategies, the finite way in which success (or failure) is easily measured. With Chrysler on the rebound, Iacocca harbors impossible dreams of driving his company past Ford to take the second spot behind General Motors. Nothing, in fact, would please Iacocca...
...companies may flinch at the sight of Corporate Raider T. Boone Pickens, but in the retailing business the marauders to watch out for are Herbert Haft, 65, and his son Robert, 33, of Washington. As the owners of Dart Group, which runs the Crown Books and Trak Auto chains, the Hafts always seem to be shopping around for a major retailer. In the past two years they have bought large blocks of stock in May Department Stores and two pharmacy chains, Jack Eckerd and Revco. In each case the Hafts' move drove up the price of the stock...
...seal of red wax to office doors. Arafat's top aide, Khalil Wazir, better known by his nom de guerre, Abu Jihad, was told to leave the country within 48 hours when he arrived at his office in the Jebel Amman district. Before embarking on a 450-mile auto journey across the desert to Baghdad, Wazir said, "We are sorry about this decision because we wanted to strengthen Palestinian-Jordanian relations." He added defiantly, "We are not in a cage. We still have bases everywhere, doing the P.L.O.'s work...