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...basketball arena. Traditionally, Toyota has done best in cities and on the coasts, selling Corollas and Camrys to baby boomers and Lexuses to well-off urbanites. On the West Coast, Toyota's share is 16%, double its share in the Midwest and the South. Yet Toyota can no longer count on that base since boomers are heading for retirement homes and Hyundai and Kia are coming on strong with compelling models at bargain prices...
...market, Toyota sold just 107,000 Tundras in the U.S. last year, while Ford sold 916,000 F-Series trucks. Although Nissan and Honda have joined Toyota in the truck market, heavy investment has made Detroit's pickups more competitive than its cars. And Detroit can still count on the stubborn-guy factor. "I'd consider driving a Chevy, but that'd be about as far as I go," says Don Strumberger, 62, a lifelong Ford man from Dubuque, Iowa. A GM spokeswoman says 94% of folks who buy a GM-manufactured Silverado purchase another GM truck...
...count, American Almanac is NBC's eleventh try at a newsmagazine since First Tuesday made its debut in 1969. NBC Chairman Grant Tinker has promised that he will give American Almanac enough time to find its viewers, a strategy wisely used by CBS for one of its news shows. That program spent its early years in the ratings cellar. At one point, the show was preempted to make room for football games. Only in 1975, seven years after its debut, did perseverance (and a regular Sunday time slot) pay off and the program begin to blossom in the ratings...
...charges originally filed against Whitworth on June 17 were grave enough. The one-count indictment accused him of conspiring to commit espionage, claiming that he had given John Walker, a longtime Navy friend, "cryptographic key lists and key cards" that were later sold to Soviet agents. Such keys would allow the Soviets to eavesdrop on coded Navy communications, and even, in the opinion of one communications expert, to change Navy messages for their own deceptive purposes. Holding the highest security clearances, Whitworth had been in charge of cryptographic centers on the carrier Enterprise and at the sprawling Alameda Naval...
...cost of a buyout because of the large fees and lucrative interest rates that such business brings. The rest of the credit comes from selling so-called junk bonds--IOUs with relatively poor quality ratings--and other securities that offer high yields. Like the banks, investors count on getting their money back from earnings of the acquired firm or from the sale of its assets. "Lenders look for a business that is very stable," says a California moneyman. "The company ought to generate lots of cash...