Word: interest
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Dates: during 1970-1979
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...belt out "Sweet Jane." While he doesn't sound as bad on The Bells as he did on Take No Prisoners, he persists in using a whiny, nasal voice on many songs, very different from his old black throated style and not flattering. This voice doesn't destroy the interest of the instrumentation on The Bells, but it does make repeated listening hard to bear...
...public has concluded, though reluctantly, that Big Government is a necessary counterweight to Big Business. If businesses continue to concentrate and grow larger, warned Ohio Democratic Congressman John F. Seiberling, the public will increasingly demand that they be nationalized. His point: it is in business's own self-interest to support the bill...
...some big slow-moving companies from takeovers and protecting inept managers from being tossed out. Kennedy-Metzenbaum, remarked Rohatyn, "could be called the Large and Inefficient Business Protection Bill." The way to reduce conglomerate mergers, he added, is to improve economic policy. Bringing down inflation would lead to lower interest rates and higher stock prices. Companies then would no longer have the opportunity to buy out firms at fire-sale prices. Meanwhile, corporations would have more incentive to expand on their own by investing in new plants and machines. The combination of those factors, said Rohatyn, would reduce the number...
...half-liter bottle, beer in West Germany is priced 25% lower than mineral water or fruit juice. Still, several big brewers have been selling beer at a loss in selected markets, only to find that many Germans regard inexpensive beer as, well, cheap. Despite the interest in fitness, the light Diät beers some brewers have introduced have flopped. Germans do not like their beer to be as robust as they used to; brands with alcohol content close to 6% are fading, and the typical beer is now 4.2% alcohol; but even those brews are more potent than...
DIED. Cyrus S. Eaton, 95, self-made multimillionaire industrialist who, while championing U.S. capitalism, advocated closer ties with Communist nations in the interest of world peace; in Northfield, Ohio. Born in Pugwash, Nova Scotia, Eaton was dissuaded from becoming a Baptist minister by Oil Magnate John D. Rockefeller Sr., who recognized his knack for business. Eaton amassed a fortune in power companies, steel and rubber concerns. After Hiroshima his chief interest became saving "capitalism and all mankind from nuclear annihilation." He conducted a series of "Pugwash Conferences" between Western and Communist intellectuals, promoted trade with Eastern bloc countries...