Word: experts
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Dates: during 1970-1979
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...food cases. The problem is that the fragmented industry-there are 1,400 wholesalers in business today-has difficulty amassing the will, much less the capital, to carry through such developments. Says Gordon Bloom, a senior lecturer at M.I.T.'s Sloan School of Management and a leading food expert: "Because the industry operates on such a low profit margin, it won't spend two cents for technological innovation unless you can prove the payoff." Until it does, however, food can only continue gobbling more and more of the American family's budget...
Died. Morgan Beatty, 72, reporter and NBC radio broadcaster; in St. Johns, Antigua. As a military expert for the Associated Press during World War II, Beatty accurately predicted both Hitler's assault on Russia and the successful Soviet resistance. Later, he reported Roosevelt's choice of Harry Truman as his 1944 running mate before even Tru- man knew about it. But his biggest scoop was never broadcast: sailing home from the 1945 Potsdam Conference on a naval vessel with Truman, Beatty guessed that an atomic bomb was to be dropped on Hiroshima when Truman interrupted a poker game...
...Townsend, Riccardo is a former accountant (both came into Chrysler from the auditing firm of Touche Ross) who has a reputation for being a cold-blooded cost cutter. Riccardo's replacement as president will be Executive Vice President Eugene Cafiero, 49, an affable, up-from-the-ranks production expert and the first member of Chrysler's top management since the early 1950s with a strong automotive background. Both men have won high marks for their performance at Chrysler so far: directors took just six minutes last week to approve their promotions...
...roads and make them safer. Moreover, under Ford's plan, mass-transit funds that used to come from the highway trust would now come out of general revenues, where they would be at a competitive disadvantage with roads. "Sure, we need more mass transit," sums up a transportation expert in Washington. "But we also need the highways, and there is not enough money for both." Whether Congress will agree remains to be seen...
...agenda. Some say that Juan Beniquez, a left fielder currents injured, would be a good bet to barter. An abominable fielder, he's speedy and a solid punch bitter who engineers enough singles to put him at a steady ...300. His Spanish speaking origins drove one local expert to predict that he would in fact be traded, inevitably, for twelve packs of baseball cards and a print of Birth of a Nation...