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Because Texans buy more pickups per capita than anyone else, Toyota is banking on a core group of buyers in its backyard. The company has started the courting, launching a limited-edition Tundra co-branded with cowboy-boot maker Lucchese and slapping the Toyota name on the Houston Rockets basketball arena. Traditionally, Toyota has done best in cities and on the coasts, selling Corollas and Camrys to baby boomers and Lexuses to well-off urbanites. On the West Coast, Toyota's share is 16%, double its share in the Midwest and the South. Yet Toyota can no longer count...
Corporate executives, however, have been anything but cautious. Beginning with a spate of billion-dollar oil-company buyouts in 1981, the merger wave has rolled over virtually every industry. This year alone, acquisitions have produced the largest U.S. gas distributor (Internorth-Houston Natural Gas), a medical giant (Baxter Travenol-American Hospital Supply), a vast food-processing concern (Nestlé-Carnation) and one of the mightiest high-technology combinations (Allied-Signal). Last week even brought a proposed sports marriage between the New Jersey Generals and the Houston Gamblers of the U.S. Football League. The number of megadeals this year could wind...
Others have made even more radical decisions. "I'd say that one-third of the men in our workshops say they've had no sex due to fear of AIDS," says Michael Wilson, president of Houston's KS-AIDS Foundation. Instead, some apparently release their sexual energies through masturbation, pornography, and sex by phone. The Advocate classifieds list several numbers that offer a seductive voice on the other end of the wire, payment to be made by credit card. "Horny? Call Your Adonis," says one ad. Sales of gay porn have risen, and video cassette recorders have never been...
...public school students) attending year-round classes in 95 schools at all levels. In nearby Oxnard, yearlong attendance has jumped to 7,700 of the district's 11,100 pupils, after starting in two schools in 1976. Twelve-month schooling is catching on in other parts of the Sunbelt. Houston has just approved YRE for 25 elementary schools. In 1983-84 the city had just...
Indicted. David Chalmers Jr., 51, owner of Houston-based oil company Bayoil USA; on charges of funneling millions of dollars in secret kickbacks to Saddam Hussein's regime to secure oil deals under the U.N.'s scandal-ridden oil-for-food program, depriving the program--set up to protect Iraqi citizens from U.N. sanctions by allowing Iraq to sell oil and use the money for food and medicine--of funds that should have gone for humanitarian aid; along with two other Bayoil executives; by federal officials in New York City. Those charged denied any wrongdoing...