Word: businessese
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Dates: during 1960-1969
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Old boxers never dive; they just fade away into legitimate businesses. Last week James Joseph ("Gene") Tunney, 62, world heavyweight champion from 1926 until he retired as an undefeated millionaire in 1928, was elected a director of Alleghany Corp., which is presumably strengthening its corner for a proxy fight with...
Too Many Laws. Encumbered by too many laws and overlapping rules, France relies too much on faith in paper regulations, not enough on enforcement. Cartels that restrict competition are all too blithely tolerated, says the report, recommending U.S.-style restraints on monopoly. There are far too many subsidies supporting inefficient...
The Rich Harvest. Many a little invention has launched a big industry; one out of eight U.S. businesses is a company that got its start with a single new product. Color film, invented by two New York musicians and first sold by Kodak in 1935, has grown into a $500...
The Senate Bill adds some 4,050,000 workers to the 24 million already covered in a U.S. labor force of 73 million. To newly covered workers, the bill provides a sliding scale rising from $1 an hour in 1961, without overtime, to $1.25 an hour in 1964, with time...
Matter over Mind. The Genial Society, with all its deceptions, Gibney believes, has come about because businesses have become too large and impersonal to be readily held accountable; because technological complexity of modern products makes it difficult to see through exaggerated advertising; because aspirations once funneled into spiritual and national...