Word: bargainer
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Dates: during 1960-1969
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Everything is so bad because, for some reason, farm workers are not covered under the National Labor Relations Act. This law guarantees workers the right to unionize if they have so indicated by a majority vote and ensures that both parties, manager and employee, must bargain "in good faith...
Finally, there is the possibility, however remote, of direct action against the University. Some of the teaching fellows originally interested in the Federation envisioned it as a union, with the power to bargain collectively and to strike. The group has thus far shied away from suggestion of unionism, since it was clear last winter that very few teaching fellows were willing to antagonize Harvard and jeopardize their own futures with a walkout. Even now, it is unlikely that enough teaching fellows have been convinced of the University's inflexibility to take drastic action. But there are other, less radical measures...
Promise of Riches. Despite their immense cost, some new towns are prospering, often because the developer acquired strategically placed land decades ago at a bargain price. Around Los Angeles, not only the Irvine Ranch (TIME, Sept. 22) but also Valencia and Janss-Thousand Oaks are being transformed into cities by the families that once only farmed them. Goodyear Tire & Rubber Co. is converting its onetime cotton farm outside Phoenix, Ariz., into Litchfield Park, a planned town for 100,000. McCulloch Oil Corp. has attracted more than 2,500 settlers to its resort-and-industry town of Lake Havasu City...
...doldrums. Unemployment is high, industrial production is sluggish, and most French businessmen are worried about the July 1, 1968, deadline when disappearing Common Market tariff barriers will expose them to harsher competition. Reasons for the stock climb: Bourse prices simply got so low that they began to look like bargain-basement buys to investors throughout Europe; the French government intervened to inspire stock purchasing by, among other things, allowing French companies to use up to 10% of their capital to buy their own shares...
...bargain rentals have attracted scores of prominent customers, among them, General Motors, General Foods, A.T. & T., Boeing, Monsanto, Aerojet-General, Mobil and Sinclair Oil. The scheme involves merely a financial juggle, and the equipment is often picked by the user to fit his own needs. Strange as it seems, computer makers regard the leasing companies as welcome intruders, partly because their purchases help meet the manufacturers' need for vast amounts of cash to pay for research and development. IBM, with 70% of the U.S. computer market, dares not use its size to crush the dis count lessors, because...