Word: businessman
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Dates: during 1950-1959
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...said that there was no reason why a student with an original idea for making money must work through the H.S.A. but felt that the student businessman within the H.S.A. would have the gratification of passing on his work, besides receiving advice and security. Once within the H.S.A., Burke asserted, the continuity of a successful business is assured...
...PRESSING question for every U.S. businessman, to say nothing of his stockholders, is: how will profits be in the near future? Very often the answer is gloomy. Executives mutter about the "profit squeeze" and "profitless prosperity," point ominously to figures showing that while sales increased more than 100% in ten years, net profits declined from 5.2% of sales in 1947 to only 3.5% last year. But the figures are misleading. The so-called profit squeeze is more apparent than real, simply because companies are spending so much money on replacement and expansion programs that have cost $264 billion since World...
...airline business-American Airlines and Eastern Air Lines. Against such rugged competition, profits are lower; yet the other lines have choice long hops to balance their route structure. By contrast, Capital shuttles back and forth between cities as close as 50 miles apart, acting almost as a businessman's commuter line with all the extra expenses of many stops...
...Businessman La Cavera knows that Sicily has a long way to go. Sicily's per capita income is still woefully low at $175 annually (v. $470 in Italy's industrial region of Piedmont); many thousands of unemployed still eke out a bare existence, eating lumache ed erbe (snails and greens) gathered in the woods. But Sicily has hope and enterprise for the first time in. centuries. "It doesn't require miracles," says La Cavera. "All it takes is will and work, intelligence and initiative. In ten years, we'll catch up with the rest of Italy...
During four days of insistent questioning in Washington last week, Texas Congressman Wright Patman, chairman of the House Small Business Committee, tried his hardest to discover what every U.S. businessman would dearly like to know: What will the Federal Reserve Board do next to ease credit and implement its reduction in rediscount rates...