Word: invest
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Dates: during 1960-1969
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...better economic climate under Suharto and are making plans to return. Among these are Goodyear Tire & Rubber Co. and Lever Bros. Others, enticed by a four-year tax holiday and easy repatriation of profits, are showing interest. The Freeport Sulphur Co. is prospecting for copper and stands ready to invest $75 million if sufficient ore is found. ITT has signed a $6,000,000 contract to build a satellite relay station near Djakarta...
...instruction in Mississippi, left much to be desired, McGuire maintained that similar conditions exist in many states. Said McGuire: "I am not condemning or praising, but I am saying that the burden of proof is now on driver education to prove it is effective." The headlong rush to invest millions of dollars in driver-education courses should be halted, he argued, and a small portion of the money spent on further tests to assess their value...
...Federal Trade Commission that it would not buy any more such stores for a five-year period. Expansion-minded Ralph Lazarus, therefore, is looking for other opportunities. The company is about to open a string of discount stores under the name "Gold Circle," has borrowed $20,000,000 to invest in European retailing if an opportunity comes...
...both in Congress and the Johnson Administration, are looking for ways to lure private industry into the ghettos. Business, in turn, seems to be awakening to its opportunities as well as its responsibilities in the cities. Last week, as proof, the nation's life insurance industry pledged to invest $1 billion in the slums...
...Russians still invest large amounts in heavy industry, devote an estimated 20% of their gross output to a huge military establishment (v. 10% for the U.S., which has, however, a gross output twice as large). But at the same time, the long-neglected Russian consumer is coming in for a larger slice of the new and bigger economic pie. A Russian who has the money no longer has to wait for weeks to buy a TV set or a simple household convenience such as a refrigerator. In anticipation of 50th-anniversary celebrations planned for this fall, shops in the major...