Word: general
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Dates: during 1970-1979
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...bright side, the size of the latest blowout implies a major new find by Pemex. Director General Jorge Diaz Serrano estimates that the immediate area contains as much as 800 million bbl. of top-quality lightweight crude and "will considerably increase Mexico's oil reserves." Before this strike, the country's proven reserves of oil and gas stood at the equivalent of 40 billion bbl., well above those of both Venezuela and Nigeria but still far below Saudi Arabia's 160 billion bbl. Though Mexico is not a member of OPEC, it took a page from...
...plead for tax breaks and relief from some federal environmental and safety regulations. His hope is to ease the financial strain enough to skinny through to 1981, when President Lee lacocca is expected to bring out a series of front-wheel-drive compacts to compete with General Motors' successful X cars. By then, a new plant will also be producing small engines for Chrysler's popular but scarce subcompact Omnis and Horizons...
...this bad time for auto sales, Chrysler has been hit harder than its competitors because it tends to market relatively more big cars, vans, trucks and recreational vehicles. The company's unit sales are off 16.9% for the year so far, vs. 5.3% for General Motors and 16.2% for Ford. At its present pace, Chrysler would need more than 200 days to sell off the substantial inventories of its big New Yorker and St. Regis models. In May lacocca announced the closing of the second plant in 30 days, the large factory in Hamtramck, Mich...
...after day Connally's campaign chairman, Winton ("Red") Blount, the international construction contractor who was Postmaster General under Richard Nixon, adds more chief executives to the list of Big John's supporters. Some of them: General Foods' James Ferguson, Southern Pacific's Benjamin Biaggini, H&R Block's Henry Bloch, Union Oil's Fred Hartley, Citicorp's Walter Wriston, Quaker Oats' Robert Stuart Jr., FMC Corp.'s Robert Malott, Borg-Warner's James F. Berg, Broyhill Furniture's Paul Broyhill, Textron's Joseph Collinson. Add to them presidents...
...bishop is attacking the marriage problem with characteristic zeal. Catholicism considers marriage to be "indissoluble"; divorce is not recognized and remarriage while the spouse is alive is forbidden. Yet Arizona Catholics' marriages are breaking up at a rate similar to the general population's. Rausch spent two dreary weeks pondering the rolls of failed marriages at the diocesan tribunal. Says he: "I read how these people had suffered, and decided we had to do a better job." He summoned a task force of 25 priests, nuns and laity to develop a plan. He took the task force...