Word: everly
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Dates: during 1970-1979
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...world was waiting for his comeback 'Have a little sturgeon,' he'd say. So I had a little sturgeon. Then Jolson did the sound track for The Jolson Story, and I told him that it was the greatest thing I ever heard in my life. He stopped and said, 'You can buy your own sturgeon now, kid. I'm a hit again...
With memories of long gasoline lines still fresh, the earnings reported by many od companies last week could hardly be expected to be greeted by cheers. All told, the industry had its best second quarter ever. Profits of the 23 biggest U.S. firms totaled $5.47 billion, a rise of 66% over the same period last year. Among the five large international companies, Texaco's earnings leaped by 132% to $365 million. Earnings of the others: Exxon, up 20% to $830 million; Mobil, up 38% to $404 million; Socal, up 61% to $412 million; and Gulf...
...case for a second factory is strong. For one thing, Americans are buying small fuel-efficient autos at a faster pace than ever. Since the onset of the gasoline squeeze at the pump last spring, foreign imports have steadily expanded their share of the U.S. auto market, and in May accounted for a record 24.3% of all cars sold. During the first six months of this year, while sales of U.S. autos fell 7.9% below last year's level, forcing the carmakers to cut back production and lay off workers, foreign automakers sold 14.7% more cars. Volkswagen...
Since that year, when it became the first foreign automaker ever to produce cars in the U.S., Volkswagen has been winning back part of the ground it lost in the mid-1970s to the Japanese trio of Toyota, Datsun and Honda. While Volkswagen's sales rose 13% worldwide dur ing this year's first half, they spurted ahead 41% in the U.S., where the company is now the fourth largest seller of foreign cars, with 3.4% of the market. Volkswagen's goal is a 5% share, and it could easily sell more cars...
...acre tract in southwest Moscow. Eighteen apartment slabs, each 16 stories high and sheathed in multicolored squares, will be clustered around three small parks. TIME'S Peter Ainslie toured the construction site last week and came away impressed: "Without a doubt, it's the most elaborate facility ever built to house, feed and entertain Olympic athletes...