Word: chargees
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Dates: during 1970-1979
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Diner's Club is offering checks through an arrangement with Thomas Cook & Sons; they are free, while American Express charges $1 per $100 in checks. Master Charge plans to begin selling traveler's checks, probably by late next year, and will allow them to be charged on its...
The rush into traveler's checks has inspired some odd alliances and rivalries. Although Citibank issues Master Charge cards and is a member of the consortium that licenses the Master Charge system, its parent Citicorp has gone to court to try to block Master Charge's entry into...
The new competition will further blur the marketing lines between the older travel-and-entertainment cards like American Express, which grew up specializing in hotels, airlines, rental cars and restaurants, and the bank cards that originally focused on local retail purchases. Citicorp and other big banks that have been moving...
NBC's new chairman got acquainted with Silverman years ago when she was an IBM vice president for communications and Government relations. She worked with Silverman, who was then at CBS, in handling IBM's debut as a television sponsor. "They complement each another," says M.S. Rukeyser Jr...
WEAPONS PROLIFERATION. Antinuclear forces charge that the spread of nuclear plants will accelerate the proliferation of nuclear weapons, particularly in unstable nations. Opponents are even more concerned that the introduction of breeder reactors, which produce more plutonium than they consume, could make it easier for terrorists to steal fissionable materials...