Word: fiveyears
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...longer. The two-income family has created both a greater need for kindergartens-and nursery schools-and often also an ability to pay, somehow, the $2,000 to nearly $4,000 that many kindergartens now charge. In 1968 only a third of the nation's three-to fiveyear-olds were enrolled in nursery schools or kindergartens, but by 1978 the number had jumped to more than 50%. "Right now," says Robert Munro of the Bentley School in Oakland, Calif., "we have children of postal workers, bus drivers and truckers." Not only can such parents pay, they also share...
...results of the initial meeting. Their spirits plunged when reports filtered back that Kissinger would be allowed a period of rebuttal to "clarify" his comments. They suspected that the network was kowtowing to the former Secretary of State because he is a powerful man and has a fiveyear, $1 million contract with NBC as a consultant and commentator. Behind-the-scenes negotiations over ground rules turned the next day's taping into a pressure cooker, but Frost believed that the integrity of the project was still intact...
Chrysler's unit sales so far this year have dropped 13.4%. Stuck with the oldest plants and highest costs among the Big Three, the company is struggling to raise money for a fiveyear, $7.5 billion modernization program. Chrysler officials recently visited 81 banks in Europe and North America, drew $100 million from company credit lines and persuaded bankers to stretch out $302.6 million of debt due next year. Chairman John Riccardo had previously renegotiated a $567.5 million revolving credit agreement with the banks, sold off most of the company's foreign operations and raised $250 million from...
Riccardo, who will remain as chairman, is scheduled to be replaced as chief executive toward the end of the year by President Lee lacocca, but long lead times and lack of capital will prevent lacocca from making any significant product changes before 1982. So far his much promoted fiveyear, 50,000-mile protection plan has not done much to move Chrysler's top-heavy line of big cars out of the showrooms. Sales of the Omni and Horizon compacts have almost doubled since last year, but their production is limited because of a contract with Volkswagen, which makes...
Before the government placed a fiveyear banning order on him, Woods was the editor of the East London Daily Dispatch. However, he made more impact through a nationally syndicated column, in which he regularly criticized the apartheid system, Thomson said...