Word: motoring
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Three of the projects in the southwestern sector of the Square area make up a cooperative effort among three private developers to extend the shopping district and provide more office space. But the largest step in this renovation of the area is Harvard's decision to lease the Harvard Motor House to the same developers who built the Charles Hotel...
When Johnny Carson sought to escape gawkers and paparazzi on his fourth honeymoon, he and his new bride, Alexis Maas, chose to cruise the Mediterranean by chartering the regal Parts V, a $6.5 million, 147-ft. world- class motor yacht. When renowned Manhattan Jeweler Harry Winston wanted to lay some choice diamonds before J. Paul Getty Jr. and Henry Ford II down in Palm Beach, Fla., he decided to rent the Atlantique as a 131-ft. floating showcase. And when Magazine Mogul Malcolm Forbes wants to mix celebrities like Barbara Walters and Henry Kissinger with advertising tycoons, he lures them...
...Broward Motor Yachts in Fort Lauderdale leads the U.S. in building big boats, with twelve taking shape in the family-owned yards. Its new production plant will add more than 50 architects, skilled fitters and welders to its staff of 250. The yard's most celebrated product is the notorious Monkey Business, which helped drive Gary Hart's presidential campaign onto the rocks. Broward's most popular boat, however, is an 80-ft. starter, or "yuppie special," that sells for $2 million. The typical buyer is a fast tracker between 35 and 40 who yens for something more than...
...labor disputes that have crippled the South Korean economy over the past month, Chung had refused to meet with his employees' newly formed unions and promptly shut down seven of his conglomerate's 24 companies. Among the shuttered enterprises: Hyundai Shipbuilding & Heavy Industries, with 24,000 workers, and Hyundai Motor, with 23,000. More than 60,000 employees in the southeastern city of Ulsan were locked out. Trying to rally near one factory, 20,000 workers clashed with riot police. A day later, 40,000 strikers and supporters staged a twelve-hour demonstration in and around Ulsan. Wearing white safety...
Independent labor organizers took advantage of the new atmosphere to spark a series of work stoppages that reached new peaks last week. Assembly lines ground to a halt at the electronics giants, Samsung and Lucky-Goldstar. Earlier, Hyundai Motor Co., producer of the popular subcompact Excel, lost $24 million after it failed to ship 6,000 cars. Though the government is leaving the search for solutions to labor and management, it began to move against the violence prone, arresting two workers for destroying an auto-parts factory and three fishermen for wrecking equipment in a Pusan market. Warned Labor Minister...