Word: businessese
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Dates: during 1960-1969
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In mellowing but still Marxist Eastern Europe, nothing has succeeded quite so well as one eminently collective enterprise: gambling. With government takes from legal wagering in the eight Comecon countries running well beyond $1 billion a year, betting is becoming one of the biggest businesses in the bloc.
Beyond Nationalism. Though Peterson's audience was composed of British and U.S. businessmen at a Savoy Hotel lunch of the American Chamber of Commerce of the U.K., his words were plainly aimed at corporate and government chiefs everywhere. "It is just possible," said Peterson, "that businesses have the potential...
Without Superiority. As an experiment in "black ecumenism," the committee will attempt to arouse Negro churches to a keener awareness of their own responsibilities. It plans to form a nonprofit corporation that will solicit funds from Negro congregations and other sources to finance housing and small businesses in urban ghettos...
Without a surtax, Washington maintains that it will be forced to borrow as much as $22 billion in the bond market next year to finance the federal deficit. And economists in and out of the Government agree that there will be too little money to meet the demands of private...
Since then, the group has not only formed new partnerships to take over other banks, but it has also reached into other businesses. Group leaders include Thomas H. Wagner, 51, a successful auto-parts manufacturer, Frederick C. Matthaei Jr., 42, son of the founder of American Metal Products Co., George...