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...panacea. Said he: "Ideally, profit-sharing should give employees the sense that they are the ones responsible for the success or failure of any business. But in a large company with many diversified jobs, they are too far away from the end results of their work ... As an incentive builder, profit-sharing works best when a company or industry is in its period of growth...

Author: /time Magazine | Title: SHARING THE PROFITS: Businessmen Get a New Religion | 12/6/1954 | See Source »

...building boom was made of many things, including plenty of mortgage money, the trend to the suburbs, bigger families and a rising population. Credit was so easy that one builder said, "You can buy a house like you used to buy a car." But while much of the talk has been of housing construction, the big eye opener of 1954 has been the boom in industrial building, reflecting the chest-swelling optimism among U.S. businessmen...

Author: /time Magazine | Title: STATE OF BUSINESS: Men at Work | 11/29/1954 | See Source »

Changing Tides. "No sooner is one big job finished," said a St. Louis builder, "when another pops up." Example: work was hardly completed on a $36 million Union Electric plant in St. Louis when plans were announced for a $33 million atomic energy plant to be run by Mallinckrodt Chemical. Outside Pittsburgh, Builder Don M. Castro had barely finished work on a $10 million "Miracle Mile" shopping center (with a special "cruising lane" for window-shopping from the car) when he started on another $10 million center 25 miles away. The Omaha Public Power District put the finishing touches...

Author: /time Magazine | Title: STATE OF BUSINESS: Men at Work | 11/29/1954 | See Source »

...with its truck business, will not be sold to Hearsemaker Henney Motor under the deal originally signed last April (TIME, April 12). Henney has turned the deal over to Detroit's Bohn Aluminum & Brass Corp., which will buy Reo, continue to operate and expand it as a truck builder...

Author: /time Magazine | Title: Business: TIME CLOCK, Nov. 22, 1954 | 11/22/1954 | See Source »

...belt carrying an endless chain of lightweight passenger cars. Riders will step onto a belt moving at 1½ m.p.h., and from there into cars which will then speed up to 15 m.p.h. for the two-minute trip to Times Square and slow down again to let them off. Builder of the new shuttle: Akron's Passenger Belt Conveyor, Inc., a newly-formed affiliate of Goodyear Tire & Rubber Co., the world's biggest rubber company...

Author: /time Magazine | Title: TRANSPORTATION: Subway of the Future | 11/15/1954 | See Source »

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