Word: corpe
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Dates: during 1950-1959
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...intervention, proposed that the President instruct his Taft-Hartley Board of Inquiry to recommend a strike settlement. If the Government would take that unprecedented step (not provided for under Taft-Hartley), McDonald pledged vaguely, the steelworkers would bargain "within the framework of the board's recommendations." U.S. Steel Corp.'s R. Conrad Cooper, chief negotiator for eleven major steel companies, promptly blasted McDonald's suggestion as "just one more attempt" by union leaders "to avoid their own great responsibilities by seeking to have a settlement decreed by Government action." So obstinately opposed were the parties...
...Mexico the joint venture accounts for 11% of the total $544 million U.S. investment in Mexico since 1950, includes many mergings of U.S. private capital with Mexican government funds. The Mexican government and the Celanese Corp. of America formed the jointly owned Celanese Mexicana, now grown 16 times into a corporation capitalized at $27 million. Other outstanding joint ventures in Mexico: Nabisco-Famosa (biscuits), Altos Hornos (steel), Tubos de Acero (a combine with Italian, French and Swedish capitalists to make steel pipe...
Tested Ingredients. No company has done more to revolutionize U.S. cooking than General Foods Corp., the world's biggest food processor. It sparked the revolution with its line of Birds Eye frozen foods, still the biggest-selling brand. Last year it put its 250 products (including different flavors and varieties) into 4.5 billion packages that the housewife took home for $1.1 billion. On pantry shelves and in refrigerators from Maine to Florida, its products are household words -Jell-O, Maxwell House coffee. Post cereals, Swans Down cake mix, Sanka, Minute Rice, Gaines dog food...
STUDEBAKER-PACKARD merger with Oliver Corp. will bring S-P into the farm-equipment business. S-P proposes to buy Oliver for $83 million, giving Oliver stockholders 7/10 of a share of Studebaker-Packard for every share of Oliver, plus $15 per share in cash...
Curtiss-Wright Corp. and its Chairman Roy T. Hurley are having their woes in the business of making aircraft engines, but when it comes to press releases, they fly high. Month ago, with sales down from $599 million in 1957 to $389 million in 1958 and still slumping, C-W displayed a "revolutionary" new air-car for U.S. travelers, a vehicle that has no wheels, but zooms along at 60 m.p.h. just off the ground on a cushion of compressed...