Word: americanness
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Dates: during 1960-1969
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Last week Halaby's activist style propelled him into the boss's seat at Pan American World Airways, of which he has been president for the past 18 months. Chairman Harold Gray, 63, stepped down after only a year and a half as chief executive of the financially troubled airline, and announced that he planned to retire next year. Surface appearances to the contrary, the switch was something less than a managerial upheaval. Halaby, now 54, has been in line to take over ever since Pan Am Founder Juan Trippe lured him away from Washington four years...
Intermediate Year. Production has been cut back a bit by strikes. A five-week walkout at an American Motors Corp. plant in Kenosha, Wis., which was settled last week, cost A.M.C. more than 30,000 cars. Another strike at a Chevrolet plant in Flint, Mich., has reduced General Motors' production by 4,375 cars a week, for nine weeks so far. Ford's new Maverick is selling at the rate of 400,000 a year but is drawing sales from the company's other lines. Ford salesmen believe, however, that this will be the year...
...British Physicist Otto Frisch once said: "Uranium is a prima donna difficult to seduce." While other European nations incorporated American expertise into their atomic power industries, France under Charles de Gaulle proudly clung to its own nuclear technology. The country's four atomic power plants use natural uranium, the only nuclear fuel available to France in large amounts. The least fissionable of atomic fuels, natural uranium requires costly installations. The system has been a technical success but an economic failure. Says Marcel Boiteux, general manager of Electricité de France, the state-controlled power network: "The cost of electricity...
...sharpest break yet with its Gaullist heritage, the government of President Georges Pompidou has just decided to build atomic power stations based on American technology. The government will ask for bids from interested companies and make its decision this spring. The new plants will burn enriched uranium, which is highly fissionable and relatively cheap to use. Almost all of the Western world's enriched uranium is produced in gaseous-diffusion plants owned by the U.S. Atomic Energy Commission. For a time, at least, France would become dependent on U.S. fuel. The government announcement angered French atomic workers, who face...
...American Electric Inc., which underbid Dow for Washington's latest napalm contract, may be in a better position. A subsidiary of City Investing Co., American Electric makes no consumer products- and it has no plans to recruit on college campuses...