Corporate America lacks turnaround managers says expert
AP Business Analyst John Cunniff reports Michigan State University professor Eugene Jennings says corporate America has many problem solvers but few turnaround managers able to restructure sick companies. He notes crisis managers are rare, with few executives having confidence to overhaul divisions, leading buyers to favor well managed firms over potentially better but troubled targets.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
America
Eugene Jennings
Jennings
Michigan State University
Ernest Breech
Ford Motor Co
Robert Wilson
Memorex Corp
Collins Radio
May 3 in history highlights and birthdays
On this date in 1802 Washington DC was incorporated as a city. Other notes include Columbus discovering Jamaica in 1494, France declaring war on Austria in 1859, and Navy pilots completing the first transcontinental air flight in 1923. Birthdays include former Israeli premier Golda Meir and Sugar Ray Robinson.
MENTIONED IN THIS ARTICLE
Associated Press
Washington, D.C
Christopher Columbus
Jamaica
France
Austria
Navy
Oakley Kelly
John MacReady
Coronado Beach
Calif
Harvard University
Cambodia
U.S
Ford
Nimitz
Norfolk
Lyndon Johnson
Paris
North Vietnam
Beirut
Vietnam
Saigon
Golda Meir
Sugar Ray Robinson
Ralph Waldo Emerson
Editorial on Hayakawa’s Panama vote tension
An editorial notes the final Panama Canal Treaty vote drama and Senator S I Hayakawa of California. He held a press conference four days before the vote, railing about foreign policy foibles rather than switching his position. Reporters, hungry for a story, lingered as Hayakawa brooded at 4 a.m. and one journalist laments a sleeping pill might have spared the day.
MENTIONED IN THIS ARTICLE
California
S.I. Hayakawa
Carter
Hayakawa
Baker’s goose cooked or not in canal treaty rift
The piece weighs Baker’s 1980 presidential chances against his Panama Canal treaty stance. It notes Goldwater’s harsh verdict, Brock’s behind the scenes support to the GOP apparatus, and Brock’s restraint on anti treaty campaigns angering figures like Reagan.
MENTIONED IN THIS ARTICLE
Barry Goldwater
Howard H. Baker Jr
GOP
Baker
Goldwater
Senate
Bill Brock
Brock
Republican Party
National Committee
Truth Squad
Ronald Reagan
Moynihan funds raised for 1982 campaign
New York Senator Daniel P Moynihan moved quickly to build a campaign fund for 1982. By March 31 the Moynihan 82 Committee had raised about 19000 and spent over 16000, with notable early support including a $100 donation from Textron chief G William Miller, later Federal Reserve chairman.
MENTIONED IN THIS ARTICLE
New York
Daniel P. Moynihan
Senate
Moynihan
Textron
G. William Miller
Federal Reserve Board
Texas Senate Bid Sours Over Off Duty Campaign Payroll
In Texas, Democrat primary voters on May 6 face Rep. Robert Krueger and Joe Christie. Christie alleges Krueger used staff for campaign tasks while on payroll, naming 11 staffers and highlighting campaign manager Garry Mauro who moved from Krueger’s district office to the campaign payroll after Krueger announced his Senate bid.
MENTIONED IN THIS ARTICLE
Washington
Nea
Congress
Texas
Robert Krueger
D-Tex
Joe Christie
John G. Tower
R-Tex
House
Krueger
Christie
Garry P. Mauro
Mauro
Senate
Krueger’s payroll dispute sparks criticism over use of public staff
In Washington Mauro reportedly earned more than 2900 for July while Krueger dismissed the amount as a mistake. After further review, a spokesman blamed time in campaign work alongside district office hours. Other staff like John Wassen also drew campaign reimbursements, prompting calls for clearer rules.
MENTIONED IN THIS ARTICLE
Mauro
Krueger
John E. Wassen
House Administration Committee
House
Senate
Federal Election Commission
Justice Department
Congress
Doomsday in Cambodia A World Ignored by Powers
Jack Anderson asserts the Khmer Rouge regime in Cambodia committed mass killings, torture, and forced labor since 1975. He cites refugee accounts, intelligence reports, and officials to urge UN and U.S. action, detailing executions, slave camps, and eroded family life amid a rising death toll.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Ivory
United Nations
Carter
Cambodia
Kansas
State Department
Justice Department
Central Intelligence Agency
White House
Congress
Kurt Waldheim
New York City
Khmer Rouge
Nixon plans party at San Clemente estate
Former President Richard Nixon plans a May 21 publishing party at his San Clemente home. Guests include Robert Markel, Harold Roth, and two Warner Books executives who helped secure rights to RN The Memoirs of Richard Nixon for 2 million dollars. The $19.95 memoir ships May 15. Nixon will host former U S prisoners of war May 27 in Los Angeles to mark their release five years after North Vietnam.
MENTIONED IN THIS ARTICLE
New York
Richard Nixon
California
San Clemente
Nixon
Robert Markel
Grossett & Dunlap
Harold Roth
Warner Books
Warner
U.S
Los Angeles
North Vietnam
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