Word: caterpillars
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...Caterpillar, which has been embroiled in a United Auto Workers strike since June, will hire 1,000 workers in China in the next few years to build engines and excavators there. That infuriates Jerry Brown, who heads the U.A.W. local in East Peoria, Illinois. Says he: "They're selling the quality and technology that we helped build over the years. We're being forced to suffer from our own success...
...expected to last at least three years -- notched up 6% in August. That was the biggest gain in two years for this key indicator of industrial health. In response, the Dow Jones Industrial Average climbed 15.14 points to 3878.18. Companies whose stocks registered large gains included Allied-Signal and Caterpillar, each up a point. The S&P 500 rose 2.76 to 464.81. NASDAQ stocks gained 4.64 to 760.01. And bond prices also rose slightly, driving the yield on the benchmark 30-year Treasury down to 7.80%, from 7.85% on Tuesday. The price of gold was up 60 cents...
...tough as to cause them to switch off their machines. Davidson & Associates' Math Blaster, a venerable series that has sold 1.6 million copies since 1983, freely borrows video-game techniques. The latest title, In Search of Spot, sends kids on a quest to rescue the Blasternaut's caterpillar-like space pal. The correct answer to a math problem puts the user closer to freeing Spot from the Trash Alien's ship. The Even More Incredible Machine, from Sierra On-Line, confronts users with more than 150 challenges to their ingenuity, ranging from launching a toy rocket to shooting a basketball...
...Caterpillar Inc. is one of the big corporate comeback stories: after slashing its work force from 60,558 in 1988 to 50,749 by the close of 1993, the company has got its costs down and its productivity up and is doing its first rehiring in five years. But Sandy Koicuba, 44, does not feel she is making any comeback -- even though she is one of those rehired. In late 1992 she was laid off as a materials specialist at the York, Pennsylvania, manufacturing plant; she has been recalled to pack materials in a warehouse across the street. Her wage...
...popular art, smoking was always chic. Fred and Ginger, Bogie and Bacall, every gangster, gunslinger and G.I. used cigarettes to emblematize their suavity, maturity, grit. Kids loved the lordly caterpillar in Disney's Alice in Wonderland, purring, "Whoooo are yooooo?" while blowing his Alpha-Bits smoke rings. For the college set, Jean-Paul Sartre and Edward R. Murrow were the patron saints of nicotine. F.D.R.'s cigarette, in a holder at a jaunty angle, proved him both a dapper patrician and a man of the people, while the . can-do bosses of the public weal sucked on fat cigars. Smoke...