Word: upstart
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...road ahead for Honda may become treacherous as competitors begin offering greater financial lures and slick new models. Most auto experts, however, consider that the upstart has now established itself as the kind of contender that much bigger U.S. automakers would do well to watch closely. One reason for keeping a close eye on the feisty company could be seen last September when Marysville changed over from building 1985 Accords to the 1986 model, a process that required a near total retooling of the assembly line. In many U.S.-owned plants, such a changeover can consume several days, even weeks...
...ever growing flying public is becoming painfully aware that some curses have accompanied the blessings of airline deregulation. Bargain fares and upstart airlines have increased bookings from 319 million passengers two years ago to an expected 410 million this year. What was long an elitist and expensive but comfortable means of transportation has been transformed into a democratic, cut-rate mass-transit system that is straining to serve the hordes of new passengers...
Only three years ago, the laser-read records known as compact discs, or CDs, were an untested and expensive new technology whose acceptance by consumers was the music industry's great imponderable. Today the upstart CD is challenging the decades-old supremacy of the long- playing record. Last year CDs accounted for 8.9% of the sales of the $4.4 billion recording industry, which also includes LPs and tapes. This year analysts expect CD sales of nearly 50 million discs...
Thus the "moral victory" claimed last week by the United States Football League in its much publicized antitrust suit against the National Football League left the supposed victors feeling lower than the SAT scores of their top draft picks. The upstart league did win in a narrow sense: a federal jury found that the old and established N.F.L. was guilty of monopolizing professional football. But the U.S.F.L. lost its $1.7 billion suit where it counts, at the bottom line. After five days of tortured debate, the five- woman, one-man jury awarded the new league $1 in damages. Even tripled...
...befuddled guard pointed toward the visa section. The official dutifully took his place at the end of a lengthy queue of Tunisians submitting their visa applications. Soon, he became jumpy; the KGB might already be on his tail. He approached the officer in charge, who promptly ushered the upstart back to the end of line. The frustrated defector excitedly explained that he had an important matter to discuss with the Ambassador or the CIA. The embassy's consul, hearing the ruckus, came out to investigate. The man, now desperate, flashed his Soviet passport. No reaction. Next, he took...