Word: boons
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Fifteen months later, Honeywell's purchase has proved to be a boon. The combined computer operation, called Honeywell Information Systems, is expected to earn more in 1971 than combined earnings for the two divisions before the marriage. Machines Bull, which had produced nothing but headaches for G.E., has just earned its first profit since G.E. bought it in 1964. Honeywell engineers and salesmen have turned G.E.'s unexceptional Model 600 computer into a marketing success; Honeywell has taken orders for at least 135 of the machines, now called the Model...
Thus the U.S. Justice Department's action in barring ITT's moves at home and forcing it to expand abroad could prove to be a golden boon for the corporation. But there is a nagging irony. Partly because of the trustbusters, ITT now has lively plans for increasing its growth in Europe just when the U.S. is struggling to expand its economy and cut its burdensome jobless rate...
Whenever The Dice Man lapses into missionary zealotry, prepare for rampant naiveté. Anarchy is not the joyous freedom that Rhinehart takes it to be, nor does the cure for civilization's discontents lie in an idolatry. However, the book could be a boon to games-minded hostesses. During a lull at the next party, try serving dice in the martinis...
...program. The 10% surtax has obviously made many foreign-produced goods less competitive in the U.S. market. On top of that, the proposed investment tax credit for business does not apply to the purchase of imported tools and machines; U.S. businessmen must "buy American" to take advantage of the boon. Finally, some foreign leaders -particularly in France and Germany -are upset because the U.S. has refused to devalue the dollar by raising the price of gold. Instead, Washington is holding out for them to revalue their currencies upward, which would make their goods still costlier-and less competitive-in some...
FRANCE Boondoggler's Bible "Stuck in the back of his palace," Napoleon once remarked, "the Emperor can know only what people care to tell him. The Cour des Comptes will keep him informed." To check up on financial high jinks and bureaucratic boon-dogglery in his empire, Bonaparte in 1807 revived the medieval accounting court that had been abolished during the revolution...