Word: businessmen
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...Corporation includes the same sorts of men it has for the last 100 years--wealthy, successful, middle-aged. The board tends to be dominated by lawyers and businessmen, but this changes from time to time, with professors, doctors, and clergymen occasionally taking their turn. In many ways the tone of the Corporation is set by the president. Eliot was arguably the first great university president, forging the model on which the University is still run today in his 30 year term of office. Under him the average age of undergraduates and faculty increased, the requirements of dorm residence and regular...
...Oklahoma, four-term State Representative Cleta Deatherage Mitch ell, 33, caught the eye of national Democratic officials with her savvy performance as a member of the party's Hunt commission on delegate selection. In 18 months as Texas state treasurer, Ann Richards, 50, has won over bankers and businessmen by increasing the interest the state earns on its deposits; a liberal supporter of Mondale, she is thought to be a Cabinet possibility if he wins the presidency. In California, ambitious State Assemblywoman Maxine Waters, 45, is one of the most politically powerful women-and blacks-in the state...
When American businessmen complain about unfair Japanese competition, high on their gripe list is the value of the yen. Many executives contend that restrictions in the Japanese financial system have kept the yen artificially cheap compared with the dollar, and thus have made it easier for Japanese manufacturers to keep prices low when selling their products abroad. In a speech in Detroit earlier this month, Chrysler Chairman Lee Iacocca declaimed, "The Japanese yen is undervalued by at least 15%, and everyone in Washington agrees on that...
...liberalizing regulations affecting the yen, Japan seems more willing to open up to foreign companies. Since 1945 U.S. corporations have been able to invest only $2 billion in Japan, while the Japanese have invested about $14 billion in the U.S. Easing restrictions will make it simpler for U.S. businessmen to operate in Japan, as well as allow foreign firms to tap Japan's relatively cheap capital markets. Officials on both sides hope that President Reagan and Prime Minister Nakasone will be able to sign a yen agreement in London at the June economic summit...
...version for the Apple, Atari and Commodore machines. More than 200,000 copies of the $49.95 discs have been sold to a diverse corps of enthusiasts, from first-graders bored with their video games to professional pilots who cannot seem to get enough of their jobs. Some businessmen regularly fly to Chicago during their coffee breaks, helping make Microsoft's package the best-selling entertainment program on the IBM PC. The current version lets pilots land at nearly two dozen airports, but an improved one that features 80 airports is going on sale next week...