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...condemned by the color of his skin. "I went to office after office, to every possible organization, and I couldn't get a job," he recalls. "They told me I was too old or too young. Some people told me to my face, 'We don't employ black or colored people.' " Angry and humiliated, he took a job as a bus conductor-inappropriate, he thought, for a college graduate. Working double shifts, 16 and sometimes 20 hours a day, living in a slum on tea and biscuits, he saved enough money to take a full-time...
Finding hot new competitors to serve as skiing billboards is a long-term job. The makers of France's Rossignol skis employ teams of scouts who follow the racing circuits looking for potential stars. Austrian manufacturers provide free gear to nearly 600 promising youths, some under the age of ten. Comments Christl Haas, a gold-medal winner in the 1964 Innsbruck Games: "These toddlers all have at least three pairs of skis and a company representative to wipe their noses...
...Count de Villegas's chateau outside Brussels was burglarized last week, and his files were rifled by what Belgian police describe as "professionals." In Ventimiglia, Italian authorities offered police protection to would-be inventor Bonassoli after noticing unknown people around his house. Bonassoli, who left Villegas's employ in 1979 after a falling-out over money, reported that he is still perfecting the oil-detection device. But, says he, "I won't work with the French again. They mix science and politics. I am a scientist; politics does not interest...
Ford headed south partly to take advantage of Mexico's low wage rates. Though Mexican autoworkers have a reputation for sloppy production, some are paid only 56? an hour, against $12.71 for their U.S. counterparts. Ford expects to employ 3,000 workers when it starts to produce the subcompact in late 1986. American union leaders immediately called the move a threat to job security. The Ford plant will become the second-largest automobile factory in Mexico and a tonic for its sickly auto industry, which last year produced 260,000 cars, down from...
Spurred by increased competition and helped by the bull market, pension-fund managers are achieving their best results in years. As recently as the late 1970s, concern was rising that hundreds of company pension plans might eventually run out of money as more and more employ ees retired. Now those fears are fading...