Word: fueled
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Dates: during 1970-1979
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...departments in which TIME sorts out each week's news remain fairly constant, but when the need arises, we create a new one. In 1973, when the Arabs put an embargo on oil, TIME added a section called Energy, which monitored the fuel shortage, assessed its impact on the economy and explored long-range solutions. When it seemed that the nation was beginning to develop a policy to cope with the problem, the section was phased out, although our readers were kept abreast of every development in other departments, including Nation, Economy & Business and Environment. This week...
...Chairman Roy Chapin Jr. faced stockholders at the annual meeting last week, that crisis had passed. Chapin told the group that A.M.C. could break even in fiscal 1977. But all auto-industry forecasts may have to be revised because of the impact of layoffs forced by cold weather and fuel shortages...
...model run, Chapin plans some changes. A.M.C. will introduce a new luxury compact to compete with such cars as the Ford Granada and Dodge Aspen, and will give the Pacer a peppier engine. The Gremlin already comes with an option of a fuel-miserly four-cylinder power plant. The company, Chapin told shareholders, remains committed to small cars; he prophesied that the U.S. "will be a small-car nation by the 1980s...
...management lore, another calls it "outrageous." A third cautions that junior executives cannot learn to become gamesmen by reading the book: the skills and attitudes are instinctive, "not like learning geometry." But Maccoby did not intend his work as instruction, only as description. In that capacity, it should fuel cocktail-party and water-cooler discussion for months, as workers try to classify their bosses-and themselves-according to Maccoby's types...
...cagers have a challenging weekend coming up, with Ivy League hoop V.I.P.s Penn and Princeton sauntering up north for what they think will be easy conference victories. Only time will tell whether Harvard's renewed intensity will be fuel for some surprises...