Business: Espresso on the Run

The price of Italy's prosperous postwar industrialization becomes more evident every day. Gone is the old, leisurely, Mediterranean pace. Traffic makes a trip home for a long lunch practically impossible, and crowded restaurants and coffee bars are no place for a noontime siesta. Still, Italians must have their coffee. They consume 20 million cups a day, even though they now have to gulp it on the run. The man who has done the most to exploit this yearning is Carlo Ernesto Valente, 54, whose Faema espresso-coffee machines can spill out a fresh cup of...

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