Word: bonuses
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Dates: during 1960-1969
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With a sharp decline in revenue from non-Communist trade, Cuba has become even more dependent on Russia's million-dollar-a-day dole and bonus of five million dollars annually for military expenditures. Castro, a hard-headed nationalist, doesn't want to remain perpetually dependent on Russian aid; thus he plows a good deal of the capital into the development of an infrastructure to lay the base for future production...
...Halaby, a onetime Navy test pilot who resigned last July after four years as administrator of the Federal Aviation Agency ($30,000 a year), was elected a senior vice president and board member of Pan American World Airways at $60,000 a year, plus a $35,000 year-end bonus, plus substantial stock options...
...after her Emmy award for My Name is Barbra, her first and only starring appearance on television, Funny Girl Barbra Streisand, 23, was puttering around with her pet poodle backstage at Broadway's Winter Garden, when who should drop by but the New York Jets' $400,000 bonus-baby Quarterback Joe Namath, 22, unfresh from what he hoped would be his one and only appearance for the U.S. Army. Waiting the word on whether his gimpy right leg had passed an Army draft physical, Joe clowned with his shades and the poodle. Barbra smiled her bonus-baby smile...
...pallid and particular group of seven "cool" hard-and soft-edge abstractionists, were conceded to be out of the race anyway, since Americans won both the last São Paulo and Venice biennials. The Grande Prémio (a gold medal, shorn by poverty of its usual cash bonus) was split between Italy's Alberto Burri and France's Victor Vasarely...
...months ago. The team: A. P. (for Athanas Paul) Fontaine, 60, the chairman and chief executive officer, and George E. Stoll, 58, president and chief operating officer. Both longtime up-through-the-ranks employees, they have tightened cost controls, informed division heads that they will use Bendix' incentive bonus program to reward good producers and punish poor ones. Result: earnings rose 22% in the April-June period, are up 10% overall so far this year...