Word: lating
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...largest proportion of low-profit heavy fuel-and early this year closed its biggest refinery, in Rotterdam, for two months because of poor sales. On the other hand, it has done the best job of any Sister in exploiting new oil finds and cutting itself loose from OPEC. As late as 1970, according to Chairman Sir David Steel, BP got 85% of its crude from OPEC countries; by 1985 the proportion will be down...
Burns was wooed to the Lazard firm by Andre Meyer, 80, the firm's longtime senior partner and chief deal maker who retired, at least formally, late last year. But he and his successor, Michel David-Weill, 45, a French-born, fourth-generation member of the founding Lazard family, have scored other recent recruiting coups. Three weeks before the Burns announcement, Lazard startled the club by world of New York investment banking by poaching four senior men from a much larger rival, Lehman Brothers Kuhn Loeb. Among them was James Glanville, 55, a Lehman managing director...
...expects the new stringency to squeeze inflation down below 5% by late 1981. Consequently, interest rates will tumble. With inflation, taxes and interest rates all lower, business people will be able to invest in capital goods without demanding abnormally high rates of return to justify their outlays. Because those "hurdle rates" have been so steep, capital spending has been retarded for years. Just to stay competitive in the world, the U.S. needs to put 12% of its G.N.P. into such investment, but the figure has been 10% since the early 1970s. Result: America's plant is aging and outdated...
...five out of seven nights, shifting the long-running Saturday Night at the Movies to Wednesday and announcing a smorgasbord of "stunts" (movies and specials) for the fall. Says Mike Dann, ex-CBS program chief and onetime Silverman boss: "Never before have there been so many major moves so late in the game. Historically, the networks set the schedules on Washington's Birthday and never changed them. Now they're going to change them daily." Once again Silverman has rewritten the rules of his industry...
...efforts of environmentalists, the BWCA has long been roiled by Evinrudes and Johnsons. Even after it was included in the 1964 National Wilderness Preservation Act-making it by far the largest region of its kind east of the Rockies-logging and motorboating continued under an amendment sponsored by the late Senator Hubert Humphrey. But lumbering has since been voluntarily suspended and will be permanently outlawed under legislation slowly making its way through the political thickets of Capitol Hill. So environmentalists are now concentrating their ire on the remaining target: motorized recreational vehicles...