Word: demott
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...this industry for 100 years." In the 1920s, oil was in short supply and there was great talk about shale development. Then the East Texas oil fields were discovered, and shale was forgotten. For now, Colorado shale rock is likely to remain in them thar hills. -By John S. DeMott. Reported by Robert T. Grieves/New York, Richard Woodbury/Parachute
...standard joke in American boardrooms is that when Washington passed a slew of environmental regulations, Detroit's automakers hired 200 more lawyers but Japan hired 200 more engineers. U.S. firms now seem to realize that they could use fewer lawyers and more engineers. -By John S. DeMott...
...John S. DeMott. Reported by Gisela Bolte/Washington and Paul A. Witteman/ Detroit
...John S. DeMott. Reported by Gary Lee/Washington and Lawrence Malkin/Paris, with other bureaus
...auto workers' strike, which occurred in 1970, lasted 67 days and helped cause a general recession. The economy is expected to be heading back toward recovery by next September, but a strike at GM would probably go far to knock it right back down again. -By John S. DeMott. Reported by Gisela Bolte/Bal Harbour and Paul A. Witteman/Chicago