Word: beene
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Dates: during 1960-1969
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Until recently, European monetary markets were constantly unsettled by the 15% to 20% gap between the French franc, which had been overvalued, and the mark, which had been undervalued. Taking into consideration the removal of the year-old 4% "quasi-revaluation" tax on German exports, Germany's actions last...
Actually, the concrete evidence of the cancer threat in cyclamates came out of a private study commissioned by Abbott Laboratories, the major manufacturer. To its credit, the company immediately brought the results to the Food and Drug Administration. The Delaney Amendment, signed in 1958, requires the FDA to brand as...
Last week Aubrey returned to power. Las Vegas Financier Kirk Kerkorian, who a month ago won control of Metro-Goldwyn-Mayer, picked him to be the company's new president to replace Louis ("Bo") Polk Jr., 39, who was fired. Polk had been chosen only last January by Edgar...
Executives usually refuse to comment publicly when their companies are in court, but Harold Geneen, the combative chairman and president of ITT, spoke up only two days after the court decision. In a speech in Manhattan, he called Mitchell's statistics "carefully selected but unfortunately misleading." He pointed out...
Shortages and soaring prices are the outcome of many forces, but the problem right now is that, as Secretary Romney notes, "housing is the first casualty of the anti-inflationary fight." By making credit scarce and costly, the Government has choked off many of the sources of mortgage funds. More...