Word: cola
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...James Schlesinger, the intelligent but somewhat arrogant Secretary of Energy. He will be replaced by yet another sometime Georgian, Charles W. Duncan Jr., who was the president of the Atlanta-based Coca-Cola Company before becoming the Deputy Secretary of Defense...
...engineer and roustabout for the Humble Oil and Refining Co. After serving in the Army Air Corps during World War II, he joined a family firm, the Duncan Coffee Co. (later Duncan Foods), and in 1958 became its president. Six years later, when the company was merged into Coca-Cola, Duncan moved to London as head of Coca-Cola's European operations. He became president of the Atlanta-based firm in November 1971, at a time when Jimmy Carter was Governor of Georgia, but quit less than three years later because he wanted to go back to Houston. There...
John Paul Austin. Rowed on the U.S. Olympic crew in 1936. Graduated from Harvard Law. Decorated as a World War II Navy lieutenant commander. Caught the eye of legendary Coca-Cola Chairman Bob Woodruff, who recruited and groomed him. Became chief in 1966. Earns in the high six figures. Is a buddy of fellow Georgian Jimmy Carter. Taught himself passable Japanese. Works in an Atlanta eyrie among Oriental antiques and photos of his handsome wife. Spends more than half his time traveling, largely to the 135 countries where Coke does business. Has a rather radical idea: the whole world...
...whose contract expires Sept. 14, sit down with representatives of General Motors to fashion an industrywide settlement. No one is ruling out a strike. U.A.W. President Douglas Fraser, who initially supported the guidelines, has been talking tougher as negotiations near. Among other things, the union will seek a sweeter COLA and a shorter work week to ensure job security for more workers...
...prone union whose contract expired last week, claimed that they had come to a tentative agreement with three of the nation's four major tiremakers. The deal, according to the union, would include raising the current average wage of $8 an hour by $1.14 over three years, increasing the COLA clause and pensions, giving a Christmas bonus to retirees and providing for retirement after 25 years on the job. All in all, said U.R.W. President Peter Bommarito, the package would "substantially exceed the wage and price guidelines...