Word: billion
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Dates: during 1950-1959
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...that flares generally occur where there is a large concentration of sunspots, thought by Menzel to be "islands of intense calm floating in the otherwise turbulent sea of the Sun's atmosphere." Accordingly, the staff at Sacramento Peak had been watching a large cluster of sunspots covering over three billion square miles of the Sun's surface. Before the giant flare was seen, seven smaller flares had been observed, like rumblings before a storm. When a flare breaks out it spews a large number of electrically charged particles out into space; the bombardment of the Earth's atmosphere by these...
Harris said "the Administration's policy represents a cultural lag." "The Republicans have a neurosis about inflation," he asserted, "and their attempts to stop it with tight money have resulted in a recession which cost the nation $50 billion...
...came up from the bottom. Gifford steered the burgeoning company from 1925 to 1948 through boom, depression and World War II, laid the foundation for its explosive postwar growth. During Gifford's reign, the Bell System's operating revenues rocketed from $655 million to $2.2 billion, and its phones multiplied like little black Shmoos from 11.2 million to 28.5 million. Gifford guided A. T. & T. intact through a federal antitrust investigation during the '30s, pushed the employee stock-purchase plan that has made company stockholders out of 45% of A. T. & T.'s employees...
...Since war's end, it has hiked its take on each U.S. phone from $5.25 to $8-while managing to cut long-distance rates between New York and Los Angeles from $4 to $2.50, and on shorter calls in proportion. Much of that money has gone into $19 billion for plant investment and new equipment, on which A. T. & T. now stands to cash in with dramatic earnings gains...
...Nationwide department store sales for the first week in February soared 9% over the comparable week of 1958. For January, the Commerce Department estimated total U.S. retail sales at $16,340,000,000, up more than $1 billion from January...