Word: franchisee
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Inexpensive autos, in fact, could become an exclusive franchise of Japanese manufacturers. The average price of a U.S.-made car is expected to exceed $11,000 in the current model-year, an increase of 143% over the $4,523 cost in 1974. "You can see a lot of list prices...
Knoxville, Tenn., Businessman Doug Sheley, 36, saw opportunity in the gap between fitness and fast food in 1978, when he owned 18 Wendy's restaurants and a share in a health club. Recalls Sheley: "Every time I walked into the club, somebody would say, 'How many calories in...
What Montreal Mayor Jean Drapeau envisioned as "modest Games," budgeted for $200 million, turned out to cost about $1.5 billion and left behind a deficit of $1 billion. Moscow spent $9 billion. Emboldened by its position as the only suitor, the Los Angeles committee proposed to cut a revolutionary deal...
Failing that, the Syrians will pdo their best to reduce the small portion of Lebanon that Gemayel actually controls. At the moment, his government's franchise extends scarcely beyond the city limits of Beirut, and even in some sections of the capital its control is shaky.
This investigative biography also takes a little of the shine off DeLorean's career at General Motors. Despite his genuine flair for engineering, says the author, DeLorean appropriated other people's achievements for his own. No one who knows will say whether DeLorean quit or was fired in...