Word: contraction
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
What makes Disini's services so valued? It might be his very close friendship with President Ferdinand Marcos, a connection that, according to veteran observers in Manila, was invoked to win a major share of the government's nuclear plant construction contract for Disini's client, Pittsburgh's Westinghouse Electric Corp. Allegations about the suspicious nature of Disini's services recently prompted the U.S. Export-Import Bank, which is providing much of the financing for the project, to ask the Justice Department to determine whether Westinghouse made improper payments to a foreign business agent. Troubled...
...behalf of Westinghouse. For a while, reported TIME'S Bernstein last week, it seemed that the nuclear plant deal had been locked up by Westinghouse's chief competitor. General Electric. The Philippine National Power Corporation had finished preliminary feasibility studies by early 1974 and had signed a contract with G.E.'s local consulting firm. According to knowledgeable Philippine businessmen, Marcos then unexpectedly intervened and stunned a number of advisers by ordering that the profitable contract be awarded to Westinghouse instead...
...nuclear deal, Disini acquired the Philippine Summa Insurance Corp., which promptly won a portion of the $693 million policy sold to the National Power Corporation to cover the Bataan plant. The ambitious entrepreneur also bought controlling interest in the consortium of firms that are constructing the generator under contract from Westinghouse. But the fate of these lucrative enterprises may now be in doubt. Marcos last week ordered his Department of Industry "to look into what corporations of Mr. Disini's can be legitimately divested from him, especially those for which he has obtained government help...
Henry glared at her. 'Seems to me a man's handshake ought to be enough. My Granddaddy Abel never signed no contract. My granddaddy always said a man's word should be his contract, and that's what I do believe, and that's what any cowboy believes, and'-he took a long drink-'that's how I'm going to live...
...conference championship game, Goldberg had another morale booster up his sleeve. Since his company had a contract to demolish a twelve-story building in Denver's downtown, Goldberg had the three-ton ball on his wrecking crane painted orange and hung a sign on the side of the building with OAKLAND painted in huge letters on it. A crowd of hundreds gathered to watch and cheer the destruction. The darker side: when a man walked into a bar and turned on the jukebox during a televised Bronco game, he got into a frenzied argument with irate fans, one of them...