Word: productions
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Dates: during 1980-1989
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Along with AMC's assets will come some sizable debits. Product-liability suits claiming damages of more than $1.7 billion have been filed against AMC for turnover accidents in Jeeps. Those injured claim that, among other things, the vehicle's roll bar offered inadequate protection. Under the proposed agreement, Chrysler will assume liability for any damages assessed up to an undisclosed ceiling, and Renault will help with any payments above that...
...take substantial pay decreases if that would save jobs. But the company refused, arguing that positions had to be eliminated for long-term efficiency. Rather wrote an op-ed page article for the Times, headlined FROM MURROW TO MEDIOCRITY?, in which he condemned the layoffs and worried about a "product that may inevitably fall short of the quality and vision it once possessed." Two Democratic members of a House subcommittee on telecommunications, Dennis Eckart of Ohio and John Bryant of Texas, called for hearings on whether the cost paring at CBS and other networks is in the public interest...
...overseas investments must be made with care. In 1985 the Manhattan-based company bought 50% of Hawley & Hazel Chemical, a Hong Kong firm that has long sold a popular toothpaste in Southeast Asia. The only problem: the toothpaste package bore the smiling blackface image of Al Jolson, and the product's name was Darkie...
Last year Colgate-Palmolive's new brand came to the attention of the Interfaith Center on Corporate Responsibility, a Manhattan group that works with churches. When it protested to Colgate-Palmolive about Darkie, the firm did nothing to change the product for several months, contending that the label "was not offensive to Asians." But after continued pressure, the company finally promised "to eliminate any offensive implications." Now Colgate-Palmolive is testing revised package designs, including one using a young, modern, well-dressed black. Among the new names under consideration are Hawley and Darbie...
Charges of clandestine arms sales to Iran have also touched a sore nerve in France, but for a different reason: the French are among the principal arms suppliers for Iraq, and as a by-product of that political tilt, the government has embargoed shipments to Iraq's neighboring enemy. France's largest munitions producer, Luchaire, allegedly secretly sold 450,000 artillery shells to Iran between 1983 and 1985. The deliveries were concealed behind manifests that named Brazil, Thailand and Portugal as destinations. The French government filed fraud charges against Luchaire more than a year ago, but since then little action...