Word: boom
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...private-plane boom has helped keep the unemployment rate in Kansas, where Cessna (1975 sales: $491 million) is the biggest private employer, to 4.5%. In Wichita, the home of Beech and Gates Learjet as well as Cessna, the rate is lower still; in fact, Learjet, unable to find enough qualified Wichitans to run its production lines, will open a factory in Tucson this year. Says Cessna Chairman Russell Meyer: "We have kept pinching ourselves-at first it was hard to believe...
After Carey lowered the boom on him, Nadjari reacted with characteristic toughness. He refused to resign. Instead, he called a press conference and strongly suggested that Carey was trying to protect high-level Democratic cronies. These Democrats, Nadjari said, were the targets of a nearly completed probe into "the hard core" of corruption in the upper reaches of the justice system. Indictments in the case, he added, could be delivered this month. Said he: "The closer I get to the hard core-and I tell you that I am close, closer than I have ever been-the greater the abuse...
...Alaska is on its way to a third great boom. Oil companies-notably Atlantic Richfield, Exxon and Sohio-have already found immense reserves of natural gas under the frozen tundra of the North Slope. Geologists believe that there may be as much as 300 trillion cu. ft. of gas in deposits in Alaska's Arctic; those deposits could supply 5% of U.S. annual demand (currently 22 trillion cu. ft.) when tapped, thus helping to head off the long-predicted severe shortage in U.S. gas supplies. In fact, the gas could begin to flow from the Alaskan wells into...
...furs, and their dealers, are coming back. Industry-wide sales for 1975 are expected to reach their highest level (about $525 million) since the postwar boom 25 years ago. Fur sales have grown more dramatically this year than sales of any other kind of outerwear, and still astonished dealers are barely able to meet demand. Says Beverly Hills Furrier Mac Dicker: "It's unreal. I've been in the business for 30 years and never seen anything like...
...main factor in the fur boom is the new vitality and versatility of the fur industry itself. Says Jess Chernak, executive vice president of the American Fur Industry, the furriers' Manhattan-based promotional organization: "We changed what had been a conservative custom trade into a high-volume industry geared to young people and fresh styling...