Word: motoring
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...also for companies to keep their 1978 price increases below the average of the past two years. A scattering of the nation's largest companies have agreed to cooperate on the question of executive salary increases, but until Bethlehem, only a few, such as Kaiser Aluminum and Ford Motor Co., have actually put a lid on prices as well...
...identical except for trim) are the first subcompacts to be made in the U.S. with front-wheel drive, and are supposedly the forerunners of a new generation of gas-stingy little autos that are surprisingly roomy inside and handle well. Early results seemed to justify Chrysler's optimism. Motor Trend, a magazine for auto buffs, named the Omni-Horizon "car of the year," and since it went into showrooms in January, dealers have sold more than 91,000 (at roughly $4,000 each), equal to almost 18% of Chrysler's total auto sales...
Customers have been motivated largely by fears of inflation: for the moment, at least, their attitude is buy now -before the price goes up. That could change, but in May, Ford Motor Co.'s sales were a bulging 19% higher than a year ago, and Chrysler and American Motors showed moderate to handsome advances. GM sold 716,000 cars during May, a record for any month...
Some 1,200 cases of defaulting students have been turned over to U.S. attorneys for collection, and others are being tracked down with the aid of IRS files and post office and motor vehicle records. It has been discovered that 6,783 federal employees, including 317 who work for HEW, are among the defaulters. They are now being dunned, though they have not been fired. But even as it cracks down, the Administration is adding to the problem. Carter has proposed a $1.5 billion program to extend college student aid to cover most of the nation's middle-class families...
...smaller rocket motor enabled scientists to cram a dozen instruments into Pioneer's drum-shaped "bus," 2.5 meters (8.2 ft.) in diameter. In addition to carrying devices that will map the Venusian atmosphere and cloud formations, analyze the composition of the clouds and measure the interaction between the "solar wind" and the atmosphere, Pioneer 1 will use radar to penetrate the clouds and produce a rough topographic map of much of the Venusian surface. Previous radar scans, made by the giant radio telescope in Arecibo, P.R., have already detected some craters, a large chasm, possible volcanoes, mountainous areas...