Word: investers
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Dates: during 1960-1969
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...example, Esso has introduced productivity bonuses for its workers. In Sweden, which has not suffered a major strike since 1953, managers and labor leaders meet yearly to decide upon wage guidelines for all industry. With its top members on most major corporate boards and a $250 million treasury to invest, the West German Trade Union Federation has become absolutely capitalistic: it owns dozens of businesses, from the country's biggest housebuilder to a supermarket chain. Last week, Building Workers Chief Georg Leber presented Chancellor Ludwig Erhard with an ambitious plan under which management would channel 1.5% of labor...
...Investment and return," sneered a handsome German boy, "you're afraid to invest too much emotion...
...national level, the Republican and Democratic committees claim that each will invest $3,000,000 to $4,000,000 in advertising this year, but admen estimate that the real figures will be much higher. Madison Avenue denizens report that Erwin Wasey will seek to give Goldwater an "institutional" image, using him in serious five-minute TV spots that will run around such shows as the Lawrence Welk hour, Hollywood Palace and Today, which will be shortened to make time for the ads. Barry will show his handsome face on screen more often than Lyndon, who will rely more...
People who play with trains have often been hurt, especially people who invest in railroad stocks. The Dow-Jones index of 20 railroad stocks needed a full 35 years to climb back to its 1929 high. But since it passed that mark last February, the rail average has been moving upward, reached an alltime peak of 208.95 three weeks...
Running Faster. Detroit is capitalizing on the trend. Last week, adding to its investment in France and Spain,, Chrysler Corp. bought a $34 million take in the British market by acquiring 30% of the stock of Rootes Motors Ltd., manufacturer of Humber, Hillman, Sunbeam and Singer cars. Last month Ford announced that it would spend $400 million over the next three years to expand and modernize its European plants, and General Motors is planning to invest $600 million in Europe over the next two years...