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The article focuses on the bankruptcy of Cuisinarts Inc. The company's filing for Chapter 11 in August 1989 listed debts of $43 million and assets of less than $35 million, mostly in inventory. Complacency and high leverage share the blame for the failure of the company. Revenues of the company have dropped from around $80 million in 1979 to an estimated $50 million 1989. Cuisinarts' market share dropped steadily from 20 percent in 1984 to 12 percent in 1989.

Reports on innovative Roadway Services, the Akron, Ohio-based trucking company which is trying to bite off a piece of the United Parcel Service's small package carrying business. Roadway Package System (RPS) and how it operates a national network; Using independent contractors and computers; Chairman Joseph Clapp.

Reports on the travel industry as part of the Annual Report on American Industry. Airlines; Hotels and gaming; Takeovers. INSET: Look out, Europe, here he comes (discusses Robert Crandall's....

Discusses pros and cons of investing in racehorses and gives examples of those who do. INSET: Playing the ponies on Wall Street (horseracing corporations....

Reports on the Securities & Exchange Commission investigation of Sahlen & Associates, a Deerfield, Fla.-based private investigative company operated by Harold Sahlen, 43, who had been fired by his board after an ex-employee blew the whistle on falsified financial reporting.

Discusses Murray Lawrence, 54, chairman of Lloyd's of London, which insured the 15 Thoroughbred horses at the Kentucky Derby for $15 million, and is the largest insurer of Thoroughbred racehorses.

Discusses the success of New Orleans-based Freeport-McMoRan, an oil and mineral exploration company, under Chairman James Robert (Jim Bob) Moffett. Moffett's management style. INSET: Nice babies (discusses spinoffs of natural resources companies)..

Account of the return to favor of Tony Lama boots of El Paso, Tex., which hit on hard times in 1985. Change in customer base to business-suited clients; Sales in urban areas like New York and Los Angeles; Tony Lama Jr., 57, and Louis Lama, 55; Exotic skins.

Discusses how Alka-Seltzer sales went flat in 1984 and then dropped 10% in two years when overeating and hangovers went out of style because of the fitness craze. Outlines how it came back with an expanded product line and a new marketing strategy.

Reports on Hubbell Inc., of Orange, Conn., makers of wiring devices, and how they have increased profits every year since 1960.

A report on Harry Figgie, Jr., 64, who bought Automatic Sprinkler Co. of Youngstown, Ohio in 1963 and used it as the core to build around and now owns Figgie International, a 40 division conglomerate; His stock's value; His company's history.

Reports on Ampco-Pittsburgh Corp., a New York Stock Exchange company with sales last year of $250 million, which was founded by Louis Berkman, 80, who dropped out of school at age 15 to drive his father's junk wagon. How son Marshall, 52, a Harvard College Business and Law School graduate, took over in 1979, made a mess of things, but is now on the right track.

Discusses how greenmailers Sam, William and Hyman Belzberg of Canada ended up with failing businesses when they heavily invested in H.H. Robertson of Pittsburgh and other stockholders refused to buy them out.

Discusses Maytag Corp. of Iowa and Chairman Daniel Krumm, 62. Increasing debt to keep raiders away; Purchase of Chicago Pacific Corp. which makes Hoover vacuums.

Discusses the pruning strategy used by Emhart Corp. chief executive Peter Scott, 61. Turnaround which may make the company too valuable not to sell.

Report on Florida Progress Corp. and its chairman, Andrew Hines Jr. Florida Power Co., a subsidiary of Florida Progress Corp., is one of country's fastest growing utilities. Hines also has his own ventures; World's first aardlite plant; Citrus grove; Crown Industries (door manufacturer); A recording studio. B (Note: Aardlite is a solid pellet used in making concrete blocks.)