Word: geste
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Dates: during 1950-1959
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...blockade of Berlin. Since he joined Continental in 1950, he has used the lessons of his military engineer's career to triple Continental's sales (to $1.1 billion) and earnings (to $41 million), drive it from second place, well behind American Can, into position as the big gest U.S. container company. Last week General Clay pulled off an important maneuver: he settled with the Steelworkers Union for a threeyear, 28.2?-an-hour package, thus averting a possible strike...
Fish-Bowl Policy. The fund that has done more than any other to put shares in the household sugar bowl is Massachusetts Investors Trust, oldest and big gest of the mutual funds and the one that set the pattern for all the rest. M.I.T is a child of Boston, which has raised the handling of O.P.M. (other people's money) to the status of a fine art. The art was born of an 1830 court decision, the "Prudent Man Rule." In settling a suit charging a trustee with negligence in investing in common stocks, the judge held that...
...particularly object to chrome and wild colors," says Alexander P. Gest Jr., president of the small Mitchel Oil Corp. in Mamaroneck, N.Y. "But the thing I can't stand is that you can't tell the present-day cars apart. They all look alike. I honestly can't tell a Plymouth from a Cadillac when they go by fast...
After five years of waiting, the U.S. oil industry finally got a lower court verdict on suits brought against three of its big gest companies by the Government. The defendants: Jersey Standard, Socony-Mobil, Caltex (owned jointly by the Texas Co. and Standard of California) and six subsidiaries. The charge: price-gouging to the tune of $111.5 million on Middle East oil supplied to Europe under Marshall Plan financing. Between 1949 and 1952, the Government charged, the companies sold oil to the Economic Cooperation Administration...
Taking a long leap into a hypothetical future, Dr. Sabin foresaw a day when babies will have their throats swabbed with his vaccine before they are six months old, while they are still protected by inherited antibodies. Or, others sug gest, people of any age could get tem porary immunity from a single Salk shot then parlay it into virtual lifetime immunity with a Sabin swab...