Word: caterpillar
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...Airlines began a slowdown to protest the prospect of thousands of new layoffs. In Los Angeles more than 150 police officers scheduled for the morning shift called in sick to pressure the city into negotiating a new contract to replace one that expired 17 months ago. And in Illinois Caterpillar workers staged slowdowns at plants in six locations after ending a work stoppage two weeks...
John G. O'Brien '72, administrator of the hospital, wearing a butterfly pin on his lapel for a press conference yesterday afternoon, said the institution had undergone a caterpillar-like metamorphosis since it lost $10 million in 1987. At the time, O'Brien said, there was much concern and uncertainly over the future of the hospital and some doubt over whether it would survive...
...places with fewer neighbors and more space, nativescapers can be more adventurous. Marti Springer of Tallahassee, Florida, surrounded her home with native plants and planted parsley as a special caterpillar food. She asked the county not to spray her bog for mosquitoes because they are eaten by bats. Now she is planning to set up a bat house. "Bats should just love it here," she predicts...
American companies are eager to do business in VIETNAM. Citibank, Philip Morris, Mobil, General Electric and Caterpillar are said to be lobbying for an end to the U.S. economic embargo. Coca-Cola and Kodak are already well known there, thanks to black-market sales. Last month the Backer Spielvogel Bates advertising agency, one of the world's largest, hosted a marketing conference in Ho Chi Minh City. Said Carl Spielvogel, chairman of the firm: "We believe there is an enormous potential there, and in Indochina generally. We intend to be pioneers in this market...
...money manager, you may already have scaled back your ownership of pharmaceutical stocks, already have moved into "infrastructure" plays. The "Clinton stocks" people have identified -- H&R Block (because the tax code might change yet again), Caterpillar (because you need heavy equipment to build infrastructure), Paramount Communications (because of its huge textbook operation) and a zillion others -- may still be good buys. But I've never met anyone who got rich in the '60s buying shares in "the company that makes schoolroom desks," which was one of the plays after Kennedy got elected; and while I believe Clinton will...