Word: chaine
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Dates: during 1960-1969
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There is less reason for optimism about prices. High wage demands are certain, a tax increase a possibility. Corporate profits are expected to grow, but at the slowest rate since 1961. Johnson appealed to both labor and management to avoid a "disastrous" chain reaction of wage-price rises, while the CEA put most of the onus on business: "The public interest requires that producers absorb cost increases to the maximum extent feasible." At least 700 union contracts are up for negotiation this year; the outcome can only be guessed...
...have altered the skyline of such places as Abidjan, Amman, Bali, Bangkok, Djakarta, Monrovia and Dacca. The formula-an oasis in the ham-and-egg-less desert-has proved so successful that last week workmen were busy with major expansions of six InterContinental hotels. Completely new additions to the chain were rising at Lahore and Rawalpindi in Pakistan, Nicaragua's Managua, and Auckland, N.Z. This month the company will break ground in Manila, and architects are drafting plans for hotels in Victoria Falls and Lusaka in Zambia, and Nairobi, Kenya. Inter-Continental is even represented behind the Iron Curtain...
Hilton International, since 1964 a separate corporate entity from the domestic chain, operates 34 hotels, plus two Nile-plying cruise ships. The company has reported revenue increases of almost 200% over the past five years, estimates that 1966 income will rise to $122 million. Its hotels are located along a necklace of cities that would start even a stay-at-home packing. Among them: Acapulco, Paris, Athens, Bangkok and Hong Kong, all on present or pending TWA routes...
...Kevin McCarthy and Catherine Spaak, a hotel tycoon and the ornamental mistress he has purchased with his profits. A pious fraud who prays before he preys, McCarthy is determined by deal or steal to make the charming old hotel of the title just one more link in his chain. In an attempt to corrupt Hotel Manager Rod Taylor, McCarthy shamelessly offers him Spaak as a bribe. Rod likes, she likes. In the end, the villain misses a mistress...
...uncommonly high salaries. The initial faculty of 103, for 594 students, included eight former college presidents. Harper's dreams of an internationally famous center of post-graduate research were fulfilled. Besides its early Nobel Prize-winning research in the sciences, culminating in Enrico Fermi's first controlled nuclear chain reaction in 1942, the university pioneered the new field of sociology and quickly gained professional schools in business, law, divinity and medicine...