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...retailers have been reluctant to pare prices until now because of high operating costs. So far, retail price cuts have been scattered and moderate: in Chicago, 5 Ibs. of sugar now goes for $1.99, compared with $2.35 a few weeks ago, but white bread is selling for 60? a loaf, up 16% from a year ago. Nonetheless, Clarence Adamy, president of the National Association of Food Chains, claims that "food stores are posting more price declines now than they have at any time in the past three years." Agriculture Secretary Earl Butz estimated last week that food prices generally would...

Author: /time Magazine | Title: Business: Food: Easier Prices | 3/24/1975 | See Source »

With Harvard this winter, it apparently didn't, as the Crimson for the most part was unable to motivate itself. The players thought hustle to be the equivalent of a technical foul, and they could often be seen loafing during games. This should have been expected, however, because as one player said, "when you loaf during practices, you loaf during the game...

Author: By Michael K. Savit, | Title: Savoir-Faire | 3/4/1975 | See Source »

Still, the hiring very likely is only half a loaf for the radical graduate students and their one tenured faculty ally--Stephen A. Marglin '59, professor of Economics. Case said this week, "If Sam Bowles--the best Marxist economist in the country--couldn't get tenure. I don't think Lazonick will get tenure either...

Author: By James I. Kaplan, | Title: Pressure Helped Bring Lazonick | 2/15/1975 | See Source »

...Continental are old antagonists; in 1971 the agency charged that Continental was misleading the public when it implied that Wonder bread was something special, in ads that claimed the loaf "helps build strong bodies twelve ways." Now the agency accuses ITT management of nagging Continental to build itself up too rapidly; James Halverson, director of the FTC'S Bureau of Competition, says that "ITT set profit and market goals for ITT Continental that forced the subsidiary to adopt predatory practices." According to the FTC complaint, Continental practiced a classic monopolistic scheme: it would use high profits from areas where...

Author: /time Magazine | Title: ANTITRUST: Dividing the Loaf | 12/23/1974 | See Source »

Weekend Loafers. A great many of the new weekend breadmakers are men who would rather loaf than golf. To Manfred J. Sobek, 42, marketing vice president for Simmons International Ltd.(they make their bread from beds), this means a Sunday afternoon baking Viennese Strietzel, a kind of raisin bread. Sobek, who lives in Scarsdale, N.Y., also confects German Christmas bread, French bread, succulent Austrian tarts with buttercream and apple strudel. By 1951, when he first arrived in the U.S. from his native Germany, he explains, "I had this tremendous feeling of nostalgia. Holidays in Europe are accompanied by a grand...

Author: /time Magazine | Title: Modern Living: Taking to Baking | 6/10/1974 | See Source »

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