Word: motorized
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Dates: during 1980-1989
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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...
...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...
...final week. It seemed everyone's Pan Am hero though, Anglo and Latin, was a lefthanded baseball pitcher born with one finger on his right hand. The University of Michigan's Jim Abbott, 19, carried the flag and led the U.S. team in the opening ceremonies at the Indianapolis Motor Speedway, where roller skaters would later go streaming like the Unsers. "I've never run across a feeling on a baseball field quite like that," said Abbott, who then took the mound against Nicaragua. "When you're out there, and the national anthem's playing, and you're holding your...
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...
...lousy idea," sniped the Motor Vehicle Manufacturers Association. "Unwise and unwarranted," said the American Petroleum Institute. What caused Detroit and the oil industry to blow off steam last week were two Government proposals that could help cut down smog. The rules, put forth by the Environmental Protection Agency, would impose new controls on gasoline content and require improved pollution-control equipment on autos. Acknowledging that the proposals are "controversial," EPA Administrator Lee Thomas said oil companies and automakers "are going to have to spend additional money...