Word: billioned
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Dates: during 1950-1959
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TIME'S excellent summary of a "cure" for industry's $1 billion hangover is a superb contribution to the awakening of business and industry to a responsibility...
Under a shroud as concealing as the wraps around an Atlas missile last week was the U.S. budget for the fiscal year 1959 (beginning next July 1). But like a big missile's cover, the shroud could scarcely conceal the gigantic bulk record peacetime $73.5 billion to $74 billion. Even a few of the budget's major components were becoming noticeable. Items...
...BILLION OUTLAY for oil exploration, tankers, pipelines and new plants will be made in 1958 by Standard Oil (NJ.) and affiliates...
Volkswagen also turned in a happy annual report. Sales in 1957 are expected to top two billion marks (more than $476 million) for the first time. This week, as Managing Director Heinz Nordhoff celebrates his tenth anniversary on the job, Volkswagen will roll out its 2,000,000th car. Other West German automakers are also picking up speed. Production in 1957 hit 1,210,000 cars, and almost half-585,000-were exported...
WASHINGTON, Jan. 5--The Rockefeller studies group said tonight the United States must boost defense spending by about three billion dollars each year for the next several years if it wants to halt a "rapidly" deteriorating position in the military race with Russia...