Word: avise
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Can U.P.I.-the Avis of wire services-keep its motor running?
By appearing before the A.F.T., Reagan was trying to exploit a growing national concern about the need to improve public schools. He was also indicating a willingness to collaborate with the A.F.T., which represents 580,000 school employees, perhaps furthering a split in the teachers' union movement. Said the...
David Mahoney is not just some faceless Mr. Big of business. The chairman of the Norton Simon conglomerate (fiscal 1982 sales: $3 billion) likes to bask in high-wattage limelight. He poses for profiles in magazines like Vogue and Success and appears in TV commercials for his Avis rent-a...
Mahoney reshaped the company by selling off more than 20 businesses and buying up firms like Max Factor (1973) and Avis (1977). His ability to produce profits, though, has been less inspiring. In the first quarter of this year, Norton Simon's operating profits fell 62%, to $8.9 million...
Hertz was the last holdout. Since October, it had a program that allowed frequent renters to build up points toward free hotel accommodations and plane trips, but the company resisted giving gifts to all comers. Says Craig Koch, a Hertz general manager: "We made an honest attempt not to get...