Word: marketed
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Dates: during 1970-1979
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...Treasury's action increased pressure for more severe restrictions on imports. That pressure is now coming from some former free traders, notably Democratic Representative Charles Vanik of Ohio. Last week Vanik called on President Carter to limit steel imports to 18% of the U.S. market (v. present imports of around 20%). He warned that if Carter does not, Congress might legislate a wide-ranging protectionist program next year. Said Vanik: "When you consider that about one-third of the House members are isolationist to start with, and you add onto that the 40 members who are concerned about textile...
Boeing, McDonnell Douglas and Lockheed, which have long considered the U.S. plane market their own, have reacted to this new European threat by bad-mouthing the Airbus as ill suited to the needs of U.S. airlines. Despite its size, the Airbus is basically a medium-range jet, and American planemakers contend that there are no routes in the U.S. where traffic would be heavy enough to fill a profitable percentage of its seats consistently. Eastern seems willing to take the gamble, however, and U.S. planemakers are apparently afraid that other European jets may eventually follow the Airbus into the American...
Even as the stock market edged downward this year, one stock shot up sensationally. Between January and mid-September, the shares of a little-known company called Savin Business Machines Corp., of Valhalla, N.Y., increased 158% in value on the New York Stock Exchange, reaching a high of $50. Suddenly Savin's stock collapsed; by the middle of last week its price had been cut nearly in half, to $27.25, and a modest rally brought it back only to $28 Friday. The drop was a classic case of how jittery stock traders can be panicked...
...product it has not owned for 60 years: its American rights to the name and trademark of Bayer aspirin were confiscated during World War I and thereafter given to Sterling Drug. Since the '50s, Bayer (pronounced Buyer in Germany) has been getting back into the U.S. market acquiring Mobay Chemical of Pittsburgh and Cutter Laboratories of Berkeley, Calif., but it has never regained a significant position in U.S. consumer drugs. Last week it moved to do so, by offering "at least" $40 a share for a controlling interest in Miles Laboratories, Elkhart Ind.-based maker of Alka-Seltzer...
...trademark-and the Battle of Bully Hill What's in a name? A lot of litigation, that's what. After a round of fisticuffs in New York federal court, the makers of Hawaiian Punch have just been walloped with a decision allowing a rival to market a similarly packaged tropical drink called Punch 'n Fruity. In Los Angeles, the Avis Rent A Car System, now owned by Norton Simon Inc., is wrangling with the auto firm's founder, Warren Avis, over whether he can use the Avis name to start a worldwide send-flowers-by-wire...