Word: marketeers
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Dates: during 1970-1979
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Whether the CAB will approve the deal is unclear. The board's new theology is deregulation, giving carriers more freedom to set fares and fly where they please. But Chairman Alfred Kahn, a free-market advocate, is worried about one of its side effects: pressure on smaller carriers to seek mergers with bigger ones. Besides the Pan Am-National deal, at least two other mergers are in the talking stages, Continental with Western and North Central with Southern. In interviews with TIME Correspondent Jerry Hannifin, Kahn said he would take a dim view of mergers that seem to amount...
...viewers seem to eavesdrop on what investment professionals say to each other in private. The set resembles an upper-middle-class living room. Rukeyser begins with a five-minute summary of the week in business. He then opens a discussion with three analysts of the latest trends in the market and the financial world. Finally, the main guest?usually a member of the Administration or the business establishment?is brought in for a freewheeling Q and A on subjects that can range from stocks to the gold market and prospects for inflation and energy...
...once grubby market is recycled and packs in the crowds...
While men like Andrew Jackson and Daniel Webster debated the future of the Republic in the hall, merchants in Quincy Market across the square sold sides of beef and sacks of potatoes to the citizens. For nearly a century, Faneuil Hall and its three-block-long annexes-Quincy, North and South Markets-stood at the center of Boston's commercial life...
Today the city government is still there, housed in an imposing modern edifice. So are the markets, in their original buildings-but only after a lengthy, civic tug of war and some shrewd, imaginative thinking about the inner city of Boston. Last week's opening of the North Market marked the completion of the third and final stage of a $30 million, 6.5-acre renovation project. With some 30,000 people visiting the area daily, the market is almost outdrawing Florida's Disney World. Says Terry Rankin, head of the Boston Society of Architects: "The danger...