Word: marketed
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Dates: during 1970-1979
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...Appeals in Washington ruled that automatic transfers of funds from savings to checking accounts violate current banking laws; but the transfers will be allowed at least until Jan. 1, to give Congress time to liberalize the laws. There are many other sources of liquid assets. The increasingly popular money market mutual funds, unlike conventional securities, permit holders to draw out their money immediately...
...many cities and suburbs, the issue is catching on because inflation is combining with a diminishing apartment market to bloat rents. Washington, D.C.; Montgomery County, Md.; Boston, Brookline and Cambridge, Mass, and a number of small towns in New Jersey have enacted rent controls since the early 1970s. In the past twelve months, bills calling for some form of controls have been introduced in the state legislatures of New Mexico, Arizona, Oregon, Hawaii and Pennsylvania. A tenants' association in Miami Beach, where some rents have doubled in five years, is trying to bring back the controls that the city...
Other Hong Kong leaders respond that the colony's enterprises are much more efficient, innovative and market-oriented than those of the Chinese. A leading Hong Kong businessman, having returned from a tour of mainland factories, estimates that a Chinese factory as a whole is only one-seventh as efficient as one in Hong Kong. The general bullishness is summed up by Sir Lawrence Kadoorie, 79, a Hong Kong-born multimillionaire, who is negotiating to buy large amounts of Chinese coal for a new Hong Kong generating station that will supply electricity to neighboring Guangdong (Kwangtung) province...
...against the U.S. dollar because the colony suffered from a $1.8 billion trade deficit last year and is experiencing double-digit inflation, caused largely by an influx of foreign investment and a sharp rise in bank loans for Hong Kong's overheated real estate and property development market...
...suddenly pushed his shy wife Katharine into the job of publisher. To nearly everyone's surprise, she rose to the challenge, hired the editors who hired the reporters who took on, eventually, the house that Nixon built. Similarly the Los Angeles Times achieved a monopoly in its morning market; already rich under Norman Chandler, it grabbed for respectability under Son Otis. Democrats seeking office in California soon had the unaccustomed thrill of reading about their efforts in the news columns of the Times...