Word: finds
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
STUDEBAKER-PACKARD plans to go into show business. A. M. Sonnabend, the man ailing Studebaker invited in to find nonauto firms to merge with it (TIME, Aug. 18), is dickering to buy Imperial Records (sales: $10 million) for stock and cash, also smaller Cadence Records (sales: about...
...that Reuther would give in came when Ford proposed a three-year agreement. Reuther raised no real objection, even though this key Ford demand had been flatly turned down for months. From then on, differences were quickly settled. The problem was to find enough high-sounding but low-cost fringe benefits so that Reuther, who had long ago scrapped his grandiloquent profit-sharing schemes, could save face. Fordman Bugas hurried to a special evening meeting of Ford's board in Dearborn. He returned with a few penny-ante sweeteners. Reuther stepped back into the conference room, as union stewards...
...into retail, wholesale and service jobs, the job categories that held up best during the recession. Administration economists fear that these shifts and disruptions in the labor force will take some time to balance out because workers are understandably reluctant to go into new towns or new industries to find jobs. Historically, sharp increases in productivity have always created tough periods of adjustment. Yet more production for the same amount of effort has also always led to stable or lower prices and better products, which in turn have increased demand and eventually spurred both production and employment...
...speculators on thin margins were forced to sell, accelerating the decline. As specialists in collateral loans, Garvin, Bantel was active in financing for private buyers more than $300 million of the 2⅝% Government issue dumped so heavily by speculators. The exchange charged that Garvin, Bantel had failed to find out full particulars on its customers, to see whether they could commit themselves so heavily, that it had accepted less than the required 5% margin in some cases. Actually, the firm's part in the bond slide was small. It financed only about 3% of the $10.3 billion marketed...
...economic problem of many U.S. cities is downtown rot. As middle-and upper-income families move to the suburbs, property values decline. Businessmen find themselves shouldering an increasing share of taxes while the shoppers they lost throng suburban shopping centers. Often the attempted remedy, subsidized public housing, turns out to be little better than the disease: the untaxed projects house people on relief...