Word: presidental
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Dates: during 1970-1979
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Like an auto company showing off its new cars, the beleaguered Chrysler Corp. last week unveiled its shining new 1980 model management. Lee Iacocca, 54, the razzmatazz marketing whiz and former Ford president who joined Chrysler only last November, was elected chairman to replace John Riccardo, 55, who surprisingly retired...
One financial blood bank for the company might be the $300 million strike fund built up by the United Auto Workers. After the contract settlement with General Motors two weeks ago, that fund will not be needed to pay picketing workers, and Chrysler may try to borrow from it This...
Saying that the $2.60 price being discussed then was too high and could go much higher since it was tied to the cost of home heating oil, then Energy Secretary James Schlesinger entered the deliberations and led them to a breakdown; the Mexicans said he used "colossus of the north...
President Carter declared last week that the strike against the Rock Island was causing severe economic disruption. This meant that he was able to invoke a 60-day cooling-off period under the National Labor Relations Act and send the strikers back to their jobs while a three-member emergency...
Hardest hit by the millers' walkout are the farmers in North Dakota, who ship more than 50% of their grain through Duluth. But farmers in South Dakota, Minnesota and Iowa are also affected. Lost sales are costing North Dakota farmers between $1 million and $4 million a day, and...