Word: steels
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...look at the steel and auto industries in the U.S. which are union and at their foreign, non-union competition, you'll see there's a major difference [in efficiency]," he said. But Powers added that the University is trying to be as cost-effective as possible. "I don't think it's just the unions--in the structural trades and the custodial services, many contractors are unionized," he said...
...Valery Giscard d'Estaing. Under the direction of Finance Minister Jacques Delors, the Socialist government experimented with wage and price controls, cut spending and instituted an ambitious "industrial restructuring" that could over the next four years lead to the layoff of 50,000 workers in unprofitable industries like steel and coal mining. Over the longer run, Mitterrand's aides fret, the government will be forced to sustain its belt tightening until the parliamentary elections scheduled for mid-1986, when the Socialists may pay dearly at the polls for what critics have dubbed "Thatcherism à la gourmandise...
That's right, earthlings. In Supergirl, which is due out this summer, we learn that the Man of Steel has a cousin, Kara, who fled the doomed city of Argo, a floating chip off their old home planet, Krypton, and landed in Midvale, Ill., where she assumed the identity of a Midwestern teenager. Got that? Anyway, with her muscle-bound relative away on an intergalactic mission, Kara, played by Newcomer Helen Slater, 20, is kept busy battling megabaddies like the evil witch Selena, portrayed by Faye Dunaway, 43. To prepare for her flying scenes, Slater talked with Christopher Reeve...
Justice says yes to LTV Steel...
While Congress was jousting with the oil companies, the Reagan Administration was unusually fractious last week on another corporate coupling. In an article in the New York Times, Commerce Secretary Malcolm Baldrige blasted the Justice Department's decision to block the joining of LTV and Republic Steel because it would reduce competition. Baldrige called the ruling "a world-class mistake" because it hinders the steel industry's efforts to become more competitive with foreign producers. A day later, outgoing Attorney General William French Smith issued a statement defending his department and pointedly remarked that antitrust decisions would...