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...Thurgood Marshall. The three also pointed out that the decision could lead to more individual suits in the state and federal courts where previously one collective proceeding would have covered a specific issue. But the majority apparently believes that tough standards will at least cut the federal work load. Consumer and environmental advocates fear that the new decision is a chill wind for class actions. Said Bill Butler, Washington counsel for the Environmental Defense Fund: "It's a severe blow to the unorganized, ad hoc groups that want action on particular offenses." Certain kinds of class actions, such...
...Interest Load. The problem, briefly, is debt. Lockheed owes $600 million to banks, $200 million of which is covered by the Government loan guarantee, and $100 million to the Defense Department as reimbursement for C-5A cost overruns, due in ten annual installments beginning in 1974. In addition, it must keep up interest payments on, and perhaps eventually redeem, $138 million in convertible debentures. Interest payments on all its varied debts are running around $80 million a year...
Though snow, sleet and fog shrouded the runway, the Grumman Gulfstream private jet ignored instructions to stay aloft and proceeded to land. Aboard was too heavy a load of dreams and ambitions to be put off by the elements. New York Governor Nelson Rockefeller had arrived hi Grand Forks, N. Dak. After two appearances, the Governor, with half a dozen Republican notables in tow, flew on to Minot, N. Dak. Addressing the guests at a $100-a-plate dinner, the first ever held by local Republicans, Rocky paid glowing tribute to every politician in the room: "I had the pleasure...
Highballing down a turnpike in his own $30,000 rig, the open countryside flashing by, the air conditioning and stereo on, old buddies to meet at the next truck stop, a good load in back and the promise of maybe $20,000 in profit at the end of the year-a man could do worse. But times now are anything but flush, and the truckers have suddenly turned into the angriest and most disruptive group of protesters in the nation...
...going 50 to 55 m.p.h. than when doing 70. The real issue in the cabs is not fuel economy but money in the wallet. Most hired drivers are paid by the mile, not the hour; the 400,000 who pilot their own rigs must try to haul as many loads as possible in a week. Averaging 55 rather than 70, they can cover 150 fewer miles in a ten-hour driving day; at 16? a mile, that translates to $24 less every working day for a hired driver and, at 40? a mile, $60 less each day for an owner...