Word: businessmen
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...continuing strife in the country and spreading Iranian hostility to U.S. weapons sales. The disclosure, which affects some of the nation's largest defense suppliers, including General Dynamics, McDonnell Douglas, Boeing, Litton Industries and Textron's Bell Helicopter division, was shock enough. But even as businessmen wondered if additional deals were about to collapse, Energy Secretary James Schlesinger brought up an even gloomier subject: the increasing chances for an outright oil shortage. He warned of the looming squeeze in some of the scariest terms yet used by any Administration official. He told a Senate committee that...
...telephone switching system by General Telephone and Electronics. Billions more in long-term contracts, covering such things as housing and highway construction and port development, remain still to be fulfilled by large corporations, including Ford and AT&T. Few if any civilian contracts have been canceled so far, and businessmen hope that socially useful projects like housing, hospitals and schools will survive no matter who winds up in power. Even so, many companies do not seem to know what to do. Says a Commerce Department staffer in Washington: "We have hundreds of companies that are very worried about this. They...
...dining rooms of the Min Zu (Nationalities) and Peking hotels are jammed these nights with foreign businessmen dawdling over dinner because there is little else to do in the Chinese capital after dark. But an American hoping to compare notes with a Western colleague on the art of negotiating in the Middle Kingdom will be disappointed. Fearful of tipping off competitors, each company group huddles by itself and speaks in hushed tones. Says a U.S. businessman: "You sit there surrounded by Westerners all whispering about their deals, but you never find out what they...
Negotiating sessions generally consist of a morning meeting from 9 until noon, a break for lunch, then an hour or two in the afternoon; each session opens with a pot of steaming green tea. All are conducted in English, through an interpreter supplied by the Chinese. (Japanese businessmen complain that they face a greater language barrier than Americans, since many more Chinese speak English than Japanese.) Nonetheless, it is wise for Americans to bring their own interpreter, if they can find one skilled in both the Chinese language and U.S. business terms. Misunderstandings do occur; once some Boeing negotiators, slipping...
...evidence kept mounting against Pennsylvania's Democratic Congressman Daniel Flood in his three-week trial for taking more than $60,000 in bribes. A lobbyist, three businessmen and a rabbi told of paying off Flood to arrange federal grants and contracts. Stephen Elko, Flood's onetime top aide who is now serving a two-year sentence for taking bribes from some of the same people, quoted his old boss as saying, "This is a business. Get all you can while you can get it." Meanwhile, the 16-term Congressman, known for his rococo oratory and baroque waxed mustache...