Word: clearers
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...copper company high marks for its prescience in getting into the coal industry ahead of everyone else. Yet that obviously was a mistake on Kennecott's part too. No other big purchaser of a coal company has been bothered by the FTC, even though some might provide clearer examples of potential antitrust violations than Kennecott. In other words, the FTC ruling, despite its success in court, has not been followed as a precedent, even by the FTC itself-though that hardly helps Kennecott...
Given the confusion over profits, it is questionable whether the U.S. can actually arrive at such a solution. While there is a need for greater understanding about the beneficial role of profits, there is also a need for clearer reporting of corporate income. As Management Expert Peter Drucker has pointed out, the three main measures used by corporations today-gross and net income plus earnings per share-are far too superficial. A much more analytical system is required that would relate the firm's performance to more telling indicators, such as the return on invested capital, competitive strength...
...vice-presidential sweepstakes by Carter-in part because of Udall's campaign advertising depicting Carter as two-faced. Groused Cleveland Lawyer Sheldon Schecter, 49: "We feel so deeply about Mo. It hurts that he's being kind of ignored." Before pledging support, Schecter wants clearer declarations of Carter's positions on national health insurance, right-to-work laws and the Humphrey-Hawkins Full Employment Bill. Another Udall backer, Ellen Kozak, 25, a Milwaukee attorney, is not pleased with Carter, but she is realistic. "We don't have anywhere else to go." More than that, whatever...
...chief aide, candidly declared at a press briefing that the amount of U.S. aid could not be determined so long as Italy's political situation remained "complicated." By that, he obviously meant until the role of the Communists in the nation's political life was clearer. Treasury Secretary Simon bluntly told reporters that foreign loans would "require necessary belt-tightening by the Italians." He added: "Otherwise, it would mean throwing the money out the window." Even so, Simon suggested, Italy might be allowed a "super-tranche "(meaning roughly an extra-big slice of borrowing from the International Monetary...
...danger in our present success lies down the road -when oil once again runs scarce, or the Social Security system must pay its way, or there is the threat of war. Then we may wish we had got a clearer view of the would-be Presidents. But now, with only muted adversaries in the Communist world, quiet ghettos and more food than we can eat, the call for that proverbial man on horseback lacks conviction and urgency. If a single one of the men who want to be President has dimensions of greatness, he has hardly been able to demonstrate...