Word: italianize
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Dates: during 1980-1989
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...those models are slight compared with the margins on more expensive vehicles. "In the auto business, luxury and profits have become synonymous," says James Alexandre, who follows the industry for the investment firm Donaldson, Lufkin & Jenrette. To help fill its luxury niche, Chrysler is gradually buying control of the Italian automaker Maserati. The first jointly produced car, priced at about $30,000 and code-named the Q- coupe, will be shipped from Italy late next year...
...most nagging question is when Iacocca plans to relinquish the driver's seat. Sitting in his cluttered office and smoking an eight-inch Cohiba cigar given to him by the Italian Minister of Foreign Affairs, Iacocca answers the question by first conceding that he has slowed down a little. "I * can't take the pace around here anymore. Those 16-hour days are for the young crowd. It comes with age -- you slow down a step like the ballplayers." But Iacocca sees no reason why he should necessarily retire at 65, and none of his subordinates wants...
Modesty -- in short supply this year -- is the enticing ingredient of three new cookbooks. The authors have all received wide recognition as cooking teachers, and their recipes are both delicious and reliable. Marcella's Italian Kitchen (Knopf; $22.95) is the third book by the redoubtable Marcella Hazan, a no-nonsense instructor who has conducted classes in New York City, Bologna and now in Venice. As before, she advocates the one right way to do a particular task or dish, usually with her old reliable utensils. "If I had to choose, I would sooner give up my food processor, because what...
...author always manages to find delectable Italian dishes and variations that seem new, and she can still entice the most indifferent reader to the kitchen. There, in the tradition of Julia Child and other thoughtful instructors, she will instruct how much of a dish can be made in advance, a great boon to anyone entertaining dinner guests. Among the many excellent recipes, a few that were irresistible in the testing were a risotto with squid, shrimp and clams, and a rosemary-and-sage-scented shoulder of veal, encrusted with bread crumbs and Parmesan after being braised. Pears simmered...
...more than a month, America's Ford and Italy's Fiat had waged a fervent campaign for the hand of Alfa Romeo, the prestigious but financially troubled maker of sleek sports cars. Last week the local swain won. I.R.I., the Italian state conglomerate that owns Milan-based Alfa, announced acceptance of Fiat's $5 billion offer for 100% ownership. Also-ran Ford's bid was never made public, but it was believed to include an initial $100 million for a 20% chunk of Alfa plus promises of a hefty $2 billion additional investment in the company...