Word: affair
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Dates: during 1960-1969
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...such boost. Hurt by competition from foreign imports and the cost of new equipment, most steel companies suffered sharp earnings declines in 1967. Net income of U.S. Steel, the industry leader, dropped 31%, to $172,499,331 on sales of $4.07 billion. While that decline was a year-long affair, several rival steelmakers-including Bethlehem, Republic and Inland-showed fourth-quarter profit increases as customers started stockpiling in anticipation of a possible steel strike next summer. Other metals companies, among them Kaiser Aluminum and Reynolds Metals, also skidded in 1967; Alcoa managed a 1.2% profit increase, but that reflected receipts...
...CASSIOPEIA AFFAIR by Chloe Zerwick & Harrison Brown. 235 pages. Doubleday...
There will be a hippie sunrise service this morning at 6:30 a.m. at North Revere Beach. Dancing with elaborate choreography will be the highlight of the affair...
...Kremlin has yet to encourage any diplomatic cooperation between the Big Two on the Pueblo affair, and just how much can be achieved without it is questionable. In any event, U.S. officials are determined to square accounts. Describing the hijacking as "an act of war," Secretary of State Dean Rusk declared grimly: "My strong advice to North Korea is to cool it. There have been enough of these incidents...
...interest in maintaining the tradition of freedom of the seas for its own minuscule coastal navy, nor does it carry the burden of an atomic arsenal. Past masters of propaganda, the North Koreans can be expected to wring the maximum insult from the Pueblo affair. North Korea proclaimed that Kim's soldiers "are renewing their resolve to repulse the U.S. imperialist aggressors at one stroke, if the enemy dares pounce upon us like a puppy unafraid of a tiger." The danger is that the North Koreans, flushed with their triumph at sea, may come to believe their own propaganda...