Word: ince
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Dates: during 1970-1979
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...years after scandals that enveloped it during 1972, ITT Corp., the giant multinational conglomerate, finds itself in a new scrape. Last week the Federal Trade Commission charged that the ITT Continental Baking Co. Inc., a subsidiary and the nation's biggest baker, had engaged in illegal pricing practices to monopolize markets for its Wonder bread. The FTC asked that Continental be divided into two or more separate firms; in effect, ITT would have to sell off half of the subsidiary...
...does, it will send back closeup pictures and other data from the ringed planet. Of four Pioneers that were launched into solar orbit between 1965 and 1968 to monitor interplanetary space, all are still transmitting scientific data-even though they were designed by Pioneer's prime contractor, TRW Inc., to last only six months; only one is experiencing some difficulty with a solar sensor. Signals are also still coming from Pioneer 10, which is now heading out of the solar system. Says Pioneer Project Scientist John H. Wolfe: "We now figure that if they make it for six months...
...elderly, going to the supermarket not only is discouraging, what with soaring prices, but can be dangerous because of rising crime. Denver is experimenting with a promising technique to ease both problems. Financed by a regional-council grant of $45,115, a nonprofit organization called Senior Services Inc. has remodeled a 45-passenger bus as a mobile grocery store and stocked it with items priced just above wholesale levels. The bus makes ten stops a week in low-income neighborhoods and housing projects, and the police department sends along an escort for security. So promising is the innovation that there...
Refiners could well have had additional reasons for seizing the first opportunity to cut wholesale prices. Fed up with high sugar costs, the Consumer Federation of America is staging a ten-day nationwide consumer boycott scheduled to end Dec. 10. Some supermarket chains, like Tradewell Stores Inc., which operates in California, Oregon and Washington, are urging customers not to buy sugar at all; in one week the chain's sugar sales dropped 75%, according to Tradewell President Al Thompson. Moreover, the fourfold increase in retail sugar prices so far this year has fattened company profits remarkably, but those profits...
...their USIA superiors is one item on the agenda of a 20-member panel that will recommend to Congress some changes in the Government's information services. The group, appointed by two commissions that monitor Government information programs, is headed by Frank Stanton, former vice chairman of CBS Inc. It is expected to recommend next month that the Voice be given greater journalistic freedom. It remains to be seen whether this is possible, given the built-in limitations of any Government-run news operation...