Word: chaine
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Dates: during 1960-1969
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...Scripps Co. already owned the Cincinnati Post, but in 1956 it bought the Enquirer. Two years later, the company also acquired the Cincinnati Times-Star and merged it with the Post. Ever since, the chain has made every effort to show that the remaining two papers were competing as lustily as they ever had under separate ownership. The Enquirer had different management, did not receive Scripps-Howard features and editorials, did not even carry the chain's lighthouse insigne...
...filed an antitrust suit in 1964 to force Scripps-Howard to give up the Enquirer. Justice thought it was confronted with a clear case of monopoly because the Enquirer was not a "failing" newspaper - was in no financial trouble- when Scripps took it over. After years of resisting, the chain finally gave up last week and entered a consent decree to sell its majority stock interest in the profitable paper...
...overlooking Mexico City's great Chapultepec Park and an undistinguished, slightly seedy neighborhood. Instead, its brick-bearing walls rise just five stories high, and the 750 rooms all look inward over landscaped patios with gardens and glistening pools. Why? In part because the owners, the Western International hotel chain, wanted to build something different in Mexico City. Another reason, according to Jose Brockman, president of Western International Hotels de Mexico, "a high-rise hotel would have cost three times as much as a low one and taken twice as long to build. We wanted the Camino Real ready...
...onward rush of American life and the abiding faith in progress. Violence today is different, compressed in vast, complex, overcrowded cities; and blacks are not immigrants nor do they share the immigrants' optimism. Actually there are signs at present that black riots are abating. Despite the chain reaction of violence in April, after Martin Luther King's assassination, the Justice Department counted 25 "serious to major" disturbances from June through August, compared with 46 during the same three-month period last year. The number of deaths went down from 87 to 19. The figures are hardly cause...
Macy's was a four-store operation in 1939, when Jack succeeded his uncle, Percy Straus, in the Herald Square headquarters, still Macy's largest store. Since then, Straus has successfully parried the discounters, staked out new ground in the suburbs and built a nine-state chain that now numbers 59 stores, many under other names. Sales reached $758.6 million last year, and profits $19.7 million. This year sales are expected to top $800 million, making 1968 the 14th record year...