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...heightened the gear ratios on the cars that he sent to Germany. Result: though B.M.C. must buck steep tariff walls so long as Britain is not a member of the Common Market, its exports to the Continent are running twice as high as they were a year ago, now exceed its sales...

Author: /time Magazine | Title: Western Europe: Making the Market | 9/14/1962 | See Source »

...years ago merged his Darling Stores into Grayson-Robinson and rapidly opened 43 discount branches. Expansion cost more than it brought in. When Manhattan's Bankers Trust called its $6,400,000 note last week, Gluck had to plead for a breather. Since his firm's assets exceed its debts, Gluck may well ride out the crisis...

Author: /time Magazine | Title: U.S. Business: Personal File: Aug. 24, 1962 | 8/24/1962 | See Source »

...will get control of an airline that lost $9.4 million last year and currently reports a "net worth deficiency" of $23.4 million. Merely to keep the line alive is certain to cost Hughes many millions more. And by decreeing that transactions between Hughes Tool Co. and Northeast may not exceed $100,000 a year without its specific approval, the CAB seems to have ruled out a lucrative trick that Hughes used to practice with Trans World Airlines: buying planes through Hughes Tool and then reselling them to the airline at a profit...

Author: /time Magazine | Title: Aviation: Hughes Gets His Way | 6/29/1962 | See Source »

...ploy failed. Twenty minutes of movies helped no one to forget that Fox lost $22.5 million on last year's operations, and next year's hopes rest entirely with the $30 million production of Cleopatra. The fact that Liz Taylor's take from Cleopatra will exceed $1,300,000 brought a bitter joke; a furious stockholder nominated her for the board of directors...

Author: /time Magazine | Title: Hollywood: Period of Adjustment | 5/25/1962 | See Source »

...authorities, including the Atomic Energy Commission, the Public Health Service and the Weather Bureau, feel sure that the 1962 fallout will probably equal or exceed the 1959 peak, but they are not alarmed. The fission energy yield of the Soviet 1958 tests was 10 to 15 megatons. The total energy of last fall's Soviet tests was much greater (170 mega tons), but most of it came from nuclear fusion, which creates little fallout. Only about 25 megatons came from nuclear fission of uranium or plutonium, and since many of the Russian tests were exploded at high altitudes, their...

Author: /time Magazine | Title: Science: Fallout with the Daffodils | 4/27/1962 | See Source »

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