Word: ferring
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...oldtimers might willingly relinquish jobs to black newcomers, the U.A.W. is neither so naive nor so self less as it might sound. Thanks to sup plemental unemployment benefits and the guaranteed annual income that Walter Reuther's union has won in recent years, veteran workers would hardly suf fer at all. A man with a year or more on the job would still draw nearly 95% of his weekly wage for 31 weeks. A man on the job for seven or more years could get similar benefits for a full year. Under ordinary economic conditions, workers eligible...
Bitter Brawl. Enter Hughes. His of fer last August of $22 a share, or about $94 million, set off a turbulent board room brawl. Air West Chairman Nick Bez, 73, former head of West Coast and a generous contributor to the Democratic Party in Washington State, spoke for Hughes. Lined up against him were Vice Chairman Edmund Converse, for mer head of Bonanza, and President G. Robert Henry. They insisted that Air West has enormous potential and that the offer, made through the Hughes Tool Co., was far too low. Says Henry: "We're spread over the richest...
...beat the system in Las Vegas' casinos. He lost "at least $200,000" at one casino, says California Assistant Attorney General Marshall S. Mayer, and perhaps more than that at several others, where he was known as a generous tipper and a big, if unlucky, chemin de fer player...
Pittsburgh Banker Richard Mellon, called on Saunders in Roanoke to of fer him the opportunity of running the nation's largest railroad. Saunders accepted without hesitation. When he moved to Philadelphia, he took along a cadre of N. & W. executives who are still known around headquarters as the "Virginia Mafia." Before long the Mafiosi had eased 550 oldtimers into retirement. Almost nothing about the Pennsy remained untouched. Saunders, who collects cookbooks as a hobby, even hired a new chef for the executive dining room, ordered him not to serve diet lunches...
...outfit developed by doing busi ness with American companies, and their know-how has brushed off onto our shoulders," says Jose Mendoza Fer nandez, 42, director of Bufete Industri al, Mexico's leading engineering firm...