Word: investable
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Dates: during 1960-1969
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...town, the critics thought Man of La Mancha was too good to live. One reviewer warned: "If you want to lose $400,000, invest here." Snuffled another: "It's absolutely beautiful. What a shame it won't run." When La Mancha opened in a Greenwich Village theater, some New York critics seemed to agree. One called it "vulgar," another said that the show "ought to be 31 centuries distant from Broadway instead of merely 40 blocks away." But others called it "inspired," "a triumph," and "a dream of a musical." For six weeks, the show lived a word...
...moderate its balance-of-payments defi cit. U.S. companies are repatriating their funds from abroad, including some held in Britain, and are borrowing more overseas; this year U.S. firms will in crease their borrowing in Europe by one-third, to $1.5 billion, leaving less money for Europeans to invest in the United Kingdom...
Europe-minded Europeans can tune in Eurovision on TV, rent a Europcar, invest in the Eurofund. Their Eurocrats, helped by Eurogirl secretaries, run the Euromart in Brussels. And then there is the Eurodollar...
...chairman of Chicago-based Motorola, Inc.: "I see a continued rise through 1967. Whether auto production is up or down 2% doesn't matter. The new technology will result in new products and new demand. Technology is making the present means of production obsolete, so we have to invest to stay in business and capital investment will thus stay high. I don't see any break in the confidence of businessmen...
Entrepreneur Lapin, 38, is on the way to becoming a millionaire, thanks mostly to franchising, one of the fastest-growing facets of U.S. business. Franchisers build national chains dealing in everything from popcorn to part-time help by licensing others to invest in and operate stores or offices; the franchiser makes money from the license and by selling supplies, techniques or recipes as well as nationally advertised signs, slogans and decor. Such operations now do a combined annual business of $25 billion, are growing 10% yearly...