Word: grounded
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Dates: during 1960-1969
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...meanwhile is proceeding with plans to launch the first manned Apollo into earth orbit next week on a ten-day mission to check out spacecraft and ground control systems. If all goes well, the following Apollo flight, scheduled for late December, may take three astronauts for as many as ten orbits around the moon before returning them to earth...
...over in 30 seconds. Springing forward, Taiho ducked low, grasped Takamiyama in a sukuinage, or "scooping throw," dumped him on the ground. Takamiyama was not at all dismayed by his defeat. Nor were the critics. The Tokyo newspaper Hochi Shimbun predicted that Jesse Kuhaulua will win the sumo championship "within a couple of years...
...split over prime rates amounts to a replay of a 1967 battle between the same two banks. In January of that year, Chase cut its prime rate by a full ½% (to 5½%) and firmly held its ground despite outraged cries from other bankers and a counterpunch by Citibank, which reduced its rate only ¼%. Still, almost everybody finally fell in line with Chase-a victory that earned the bank considerable prestige for sound and shrewd judgment. As to why other banks failed to follow the lead again last week, Chase Vice President and Economist William Butler says: "They...
...plant came the first aircraft of the new era: the 747 "jumbo jet." After considerable ceremony, the gigantic plane was turned over to technicians to be prepared for its first test flight. Although that flight is not scheduled until December, the 747 is very impressive even on the ground, and its potential is immense. The plane is 231 ft. long, will have a fully loaded weight of 355 tons, a cruising speed of 625 m.p.h. and a possible passenger capacity of 490 (v. 180 for its 707 predecessor...
Macy's was a four-store operation in 1939, when Jack succeeded his uncle, Percy Straus, in the Herald Square headquarters, still Macy's largest store. Since then, Straus has successfully parried the discounters, staked out new ground in the suburbs and built a nine-state chain that now numbers 59 stores, many under other names. Sales reached $758.6 million last year, and profits $19.7 million. This year sales are expected to top $800 million, making 1968 the 14th record year...