Word: kickings
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Terence J. Fox made his fortune producing Champale, a malt liquor that mimics champagne. Now Fox's downfall may come from a more expensive kind of kick: cocaine. Last week Fox, the chairman of Greenwich, Conn.-based Iroquois Brands (1984 sales: $142 million), pleaded innocent to charges of possessing $8,000 worth of cocaine. Police arrested the executive, 47, and a female companion in a Hartford hotel earlier this month after the officers allegedly spotted the drug lying openly on a bed. Police claim they also found equipment used to smoke the substance, a process called free-basing that produces...
...jerry-built scheme adopted last month that mandates automatic reductions in federal spending if necessary to reach specific deficit-cutting targets. The tumult caused by this unprecedented measure, whose constitutionality is under challenge, will begin almost immediately. On Jan. 10, budget officials in the White House and Congress will kick the law into force by producing an estimate of the current fiscal year's looming deficit, probably about $200 billion. To limit the shortfall this year, Reagan will be forced by Gramm-Rudman to order cuts totaling some $11.7 billion, half from defense and half from civilian spending that...
...many comedians can get the President of the United States to warm up the audience. On the other hand, not many comedians are senior to Ronald Reagan. Besides, says George Burns, "we fellows in show biz have to stick together." Reagan's 90-second videotaped routine will kick off a one-hour CBS special titled Kraft Salutes George Burns' 90th Birthday, to be broadcast next week. Did the nonagenarian jokester have any pointers for the Great Communicator? Explains Burns: "I don't tell him what to do, and he doesn't tell me how to sing the Red Rose...
...should be said flat-out then: Naomi Judd and her daughter Wynonna, 21, are not only good enough to be jealous of, they are good enough to kick a little life into the listless country scene. "Disk jockeys are saying the Judds saved country music," says Naomi, in a slightly incredulous tone. It is at least true that the sweet-flowing harmonies of this mother-and-daughter act have earned them a brace of awards, including a 1985 Grammy, and sprightly record sales and airplay. They have also roped in a wide audience all the way from down-home...
...chain in the New York City area: "Every time there's a noticeable increase in coffee prices, there's a drop in consumption. I think people will decide coffee prices are so high that it would be better to drink tea or soda. It's not the same caffeine kick, but it's a kick...