Word: employs
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Dates: during 1950-1959
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...tankers and pile up fabulous profits because, like most independents, he whittles operating costs to the bone, runs all but a few of his ships under "flags of convenience." Registered by mail order in Panama or Liberia, the ships pay only nominal taxes,* e.g., 10? a ton yearly, employ nonunion crews and are unlikely ever to be seized for defense reasons. Niarchos, in addition, pays no corporate taxes on most of his profits. These are considerations which no banker can afford to overlook. As an approving London banker said recently: "The great virtue of Niarchos is that...
...contractors group anticipated that at its 1960 peak the 41,000-mile superhighway program will employ no fewer than 900,000, half of them building, half of them producing the materials and services needed. It also predicted that by 1960 road construction will reach $8 to $9 billion a year (1956 level: about $5.1 billion). Projecting estimates of the American Road Builders' Association, an $8 billion year will call for the following amounts of basic materials for roadbuilding...
...hasten the flow of technology from laboratory to living room, some 3,000 U.S. companies today have their own research facilities, employ 500,000 research workers, including 100,000 scientists. Across the U.S., new research plants are springing up almost as fast as factories. In the past two months alone, General Motors dedicated its $100 million Technical Center in Detroit; U.S. Steel opened a $10 million laboratory at Monroeville Pa.; Union Carbide & Carbon Corp. moved into a $6,000,000 Parma (Ohio) research complex; General Electric completed a $5,000,000 Cleveland laboratory for the study of "psychological and physiological...
...demands-a guaranteed annual wage, "substantial" wage increases, premium pay for weekend work-and the first session brought out no fireworks. Nevertheless the session made history. Sitting around the table were representatives not only from giant U.S. Steel but from Bethlehem and Republic as well-the Big Three which employ 60% of all steel labor and make 55% of all steel. It was the first time that the steel companies had voluntarily sat down to industry-wide bargaining. Previously they had always talked separately, with U.S. Steel generally setting the pattern which was then followed by the others...
...French colons, whose better land yields nearly half the total crop,*employ more than a million miserably paid Arab hands, many of whom, out of conviction or fear or desperation, collaborate with the rebels. The European farmers can trust no one. Many are discouraged and some are leaving. Good farms can be bought for almost nothing...