Word: bettering
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Dates: during 1970-1979
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Small investors get a better deal, but some banks are hurting
...chief to the board of such a large company may be a symbolic victory for labor, but it will not necessarily set a precedent. Chrysler's plight makes it unique, and this is not a deal that many other companies or other unions will want to accept in better times...
Through other trades, he swelled his market stake to six figures. ''But the stock market was a little slow for me. Man, I thought I could do better in commodities. In commodities you make a profit, then you buy more, you pyramid. I was shorting wheat like crazy when Eisenhower landed Marines in Lebanon. Everybody bought wheat, and it soared. I lost all my $100,000.'' Canizaro...
...will be phased out), the right to introduce some laborsaving new technology, and a promised end to unauthorized work stoppages. Production was interrupted 74 times in 1978 alone, costing the papers $5.6 million. In return, the unions were given generous severance payments (an average of $26,000 per worker), better wages (up between 20% and 45% over two years), an extra week's vacation (for a total of six) and substantially improved pension and sick-pay formulas...
...Times newspapers put their pretax losses at better than $60 million but insisted that the lockout was the only way to ensure the future of the two publications. If the papers do survive, said Lord Thomson of Fleet, chairman of the parent company, "the cost staff-wise, money-wise and frustration-wise will have been worth it." As for Fleet Street's reaction, Times executives dismissed it as sniping by envious competitors. Said one Timesman: "They're in a position of being overmanned and using 19th century technology, and they see a slimmed-down Times striding into...