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Some businessmen, themselves caught in a cost-price squeeze, welcomed U.S. Steel's move as a justification for raising their own prices. Judson Sayre, head of Borg-Warner's Norge Division, said that "the appliance industry would be justified in increasing prices up to 5%." In similar vein, makers of screws and ships, prefab buildings and Pullman cars also mapped raises...

Author: /time Magazine | Title: Business: Impact & Comment | 4/20/1962 | See Source »

Beethoven: Missa Solemnis (Eileen Farrell, soprano; Carol Smith, contralto; Richard Lewis, tenor; Kim Borg, bass; the New York Philharmonic, Leonard Bernstein conducting; Columbia...

Author: /time Magazine | Title: Music: Classical Records: Mar. 9, 1962 | 3/9/1962 | See Source »

When the votes were counted, the Labor Party was clearly defeated. Polling one-third of the popular vote, it lost control of the 50-seat legislature, keeping only 16 seats while the combined opposition won 34. Of these, 25 went to the Nationalists, whose leader, George Borg Olivier, will be asked to form the new government. Laborite Mintoff scoffed at the results, labeled the election "the most unfair in the island's history...

Author: /time Magazine | Title: Malta: Bells v. Ballots | 3/2/1962 | See Source »

...GOVERNMENT SPENDING. "The fears businessmen had before the election have been confirmed in the much higher level of federal spending," says Borg-Warner President Robert S. Ingersoll. Though businessmen hailed the defense-spending raises that helped fire recovery, they complain that the Administration's welfare programs will not only distend the budget and feed inflation but also expand federal controls...

Author: /time Magazine | Title: State of Business: The Wary Allies | 9/22/1961 | See Source »

...have long since washed out most independent laundry-machine makers, now stands a strong second in the billion-dollar industry. Outstripped in sales only by Whirlpool Corp. (RCA Whirlpool, Sears's Kenmore), Maytag, in its own field, ranks ahead of such giants as General Electric, General Motors (Frigidaire), Borg-Warner (Norge) and Westinghouse...

Author: /time Magazine | Title: Corporations: Washday Wonder | 8/18/1961 | See Source »

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