Word: largest
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Dates: during 1960-1969
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...offices in Chicago, New York City, San Francisco, Portland, Ore., and Washington, D.C. In his long career he has presided over more than $3 billion worth of construction. It began with the beaver board exuberance of the 1933 Chicago World's Fair. It led on to some of the largest and handsomest corporate structures anywhere, ranging from Manhattan's Lever House to San Francisco's Crown Zellerbach building. It raised Owings to national prominence as head of the presidential commission to replan the capital's Pennsylvania Avenue. Above all, Owings is engaged, along with many others, in a major effort...
Convulsive Surge. The U.S. remains in the grip of the greatest construction boom in history, and the topping off is not in sight. Since World War II, building has become the nation's second largest industry (food production is first). It has accounted for about 10% of the gross national product, created new structures valued at $1 trillion?and that's a 13-figure number. In the past decade, Houston, for instance, has packed 17 major new structures into a 20-square-block area. Los Angeles has overcome its earthquake fears and built 107 high-rise office buildings. Denver...
Shifts in Britain's $3.6 billion tobacco industry have bankers and investors doing a not-so-slow burn. It all began when a fight for control of Gallaher Ltd., the industry's second largest company ($940 million in annual sales, 27% of the market), turned into an all-American battle between Philip Morris and American Tobacco Co. With more and more of their industries being bought out by U.S. corporations, Britons were scarcely cheered to see another such move. What bothered them more was the way the takeover was handled. With the aid of two prestigious British financial...
...shaken into action. American Tobacco has been a part of the market ever since 1901 when Founder James B. ("Buck") Duke stomped into London and tried to move into the industry. To keep him out, 13 British companies amalgamated into Imperial Tobacco, which is now Britain's largest tobacco company. Imperial later bought a substantial share of Gallaher. American nevertheless ended up with intercontinental marketing agreements and eventually 12.9% interest in Gallaher...
...agents of the Metropolitan Life Insurance Company, the largest after Prudential, went on strike for higher commissions and bigger retirement and pension funds. At one point, a settlement seemed near. But that was before the strikers began to toss bricks through windows of Metropolitan's headquarters in Manhattan, throw knives around the cafeteria and generally terrorize nonunion agents...