Word: rath
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...memoir, Iacocca, has stayed at the top of best-seller lists for almost five months, moving out of bookstores for a while at a rate of 15,000 copies a day. "The book's popularity reaches across all social strata, in all regions of the country," says Bernard Rath, president of the American Booksellers Association. Indeed, its publisher says that Iacocca has just become the best- selling nonfiction hardcover in history: more than 1.5 million copies are in print.* Hundreds of new devotees write to Iacocca each week, more than 25,000 during the past five months, often beseeching...
...French troops in Beirut last October. Yet Reuters does not hurry stories onto the wire before they are confirmed. New York Times Assistant Managing Editor Craig Whitney praises Reuters for reliability and restraint: "It is low key, cautious, thorough and not sensational." Says Jerusalem Post Editor Ari Rath: "With Reuters, you rarely have to ask, 'Do you have it from another source as well...
...struggle at Rath Packing in Waterloo, Iowa, has pitted the United Food and Commercial Workers International Union against itself. In July 1980, 60% of the company was sold to the firm's 2,000 workers to keep it from failing, and Local President Lyle Taylor was installed as company president. But losses continued :o accumulate, and six weeks ago Rath filed for bankruptcy. As part of the reorganization plan, Taylor wants 1,500 production workers to give up some of the generous medical benefits that he once helped negotiate and extend a $2.50-per-hour wage cut that...
...some employee-owned corporations is not altogether reassuring. More than 500 U.S. companies are largely or wholly owned by employees. About 50 or 60 of them, like Weirton, were on the verge of being closed down when they were bought out. Among the largest in recent years have been Rath Packing Co. in Waterloo, Iowa, with sales of $435 million, and bearing maker Hyatt Clark Industries in New Jersey, which had sales of $66 million in its first ten months under employee ownership. Both companies lost money last year. But Corey Rosen, executive director of the National Center for Employee...
...dispatches and issuing only sparse communiqués. Israeli correspondents called it a "fogout" or "grayout," but at times it seemed more like a blackout. In past Middle East wars, Israeli editors were given deep background briefings. "This time we are getting nothing, nothing," said Jerusalem Post Editor Ari Rath...