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...children who were born deformed after their mothers took the tranquilizer thalidomide between 1958 and 1961. Belatedly awakened to the financial as well as the physical plight of the children, Britons have responded with a torrent of outrage directed at the former distributor of the drug, giant Distillers Co. Ltd. More important, perhaps, the outcry appears to have forced a widespread public examination of the outdated laws and traditions that allowed what the Sunday Times called a "national shame" to go so long unnoticed and unredressed...
...curb Valerie's ticketing. His solution: the deployment of an "antimeter maid" who would make the same circuit as Valerie, and feed almost expired meters with nickels instead of issuing tickets. Her wages (about $90 a week) and expenses would be paid by Erlam, Hougen's Ltd., a downtown department store, and contributions received from grateful nonticketed motorists...
...better." McCall's was divided into four profit centers-printing, magazine and book publishing, home-sewing patterns and data processing-and the manager of each was made responsible for its success. The profitable liquor distributorships were taken from Canada Dry and put under a new company, Somerset Importers, Ltd. Mahoney sold off most of the uneconomical bottling plants to franchisers; turning around from a loss four years ago, Canada Dry had pretax profits of more than $9,000,000 in fiscal...
Some $15 million went to Gulf Stream (Bahamas) Ltd., a Vesco company that is trying to buy the Paradise Island gambling complex in the Bahamas from Resorts International. Vesco's IIT fund also lent $2,150,000 to Sociedad Agricola y Industrial San Cristobal, a company that was founded and is still partly owned by Costa Rican President Figueres. Meanwhile Fund of Funds put $60 million into Inter-american Capital, a shell company allegedly controlled by Vesco and formally headed by Alberto Inocente Alvarez, an adviser to Figueres...
...PepsiCo deal involves hard as well as soft drinks. The company will import a whole bar shelf of Soviet liquors, including vodka, brandy, cordials and wine, which will be marketed by Monsieur Henri Wines Ltd., a PepsiCo division. Under an ingenious sales-incentive plan, the quantity of Pepsi allowed in Russia will be tied directly to the sale of Soviet potables to Americans. In effect, sharp Soviet traders found a way to get an aggressive American firm to push their liquor hard. PepsiCo officials are also pleased, since U.S. products have high prestige in Russia and sell almost instantly...