Word: crediters
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Dates: during 1960-1969
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...rewarded last week with a Pulitzer Prize* for local coverage. Like many another metropolitan daily facing expanding competition from TV, radio and magazines, the Times is working overtime to strengthen the local reporting, which is a newspaper's major asset. It is to the Times's credit that, Pulitzer or no, it is still not satisfied with its home-town coverage. The paper's own editorial brass feels that it has scored most of its successes so far on national and international coverage...
Much of the credit for the change can be chalked up to Publisher Otis Chandler, 38, a fun-loving surfer and weight lifter who took over from his father Norman in 1960 and surprised everybody with his energetic approach to his job. Under his urging, the paper has been noticeably brightened. Page 2 is devoted to capsule summaries of the day's news, with the less important stories getting no further space in the paper-a practice that opens up many more columns for stylishly written news analysis and interpretation. Recently, in an effort to make the paper more...
...obvious argument against higher taxes is that business is already beginning to hurt from the labor shortage and from tight credit. Reflecting the auto industry's concern last week were General Motors' announcement that it was putting at least four of its 23 car-assembly plants on three-day or four-day work weeks and Ford's decision to eliminate Saturday overtime at four of its nine assembly plants. Auto sales in April were off almost 5% from last year's record, and the inventory of unsold cars swelled to 1,582,000 compared with...
...productivity." Almost as the President was speaking, his top economist, Gardner Ackley, was publicly faulting U.S. corporate profits. Indeed, much of the current nervousness in the stock market and most of the worry among businessmen stem from fear that whatever the Administration does to fight inflation-through taxes, credit policy or controls -will somehow be aimed mainly at business profits...
...least half of the recalls did indeed involve safety factors. All of this made at least one point perfectly plain: even though the Senate subcommittee rates credit for stimulating interest in safety among both auto manufacturers and buyers, the auto industry has been spending a lot of money for quite a while to make repairs it deemed needful without any edict from Capitol Hill or any publicity...