Word: marketing
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Dates: during 1960-1969
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...possible. After ten years of investigations, reviews, reversals and reappraisals, the CAB last week brought the hotly contentious Hawaii-route case to a characteristically unsatisfactory close. Where only Pan American, Northwest and United Airlines have competed in the past, eight carriers will now vie for a share of the market. As a result, profits on the Hawaii run are likely to be marginal at best. In anticipation of the award, Western Airlines alone added 35 planes to its fleet, and it blames the delay in the CAB ruling for 31% of the line's $5,100,000 loss during...
...airlines have some huge bills coming due. They are beginning to pay for the $10.3 billion in new equipment that they have ordered, including the 374-passenger Boeing 747 jets that will go into service before year's end. In the tight money market, they have to pay about 9% interest on borrowed money. To avoid sinking deeper and deeper into debt, they must get a return of at least 10.5% on their capital investment. Last year their return was only...
...died last week at 77, the best way that associates could find to explain his success was to note that he had an extraordinary ability to make people like and trust him. So they sought his advice, followed his call to Washington and, when they had new securities to market, brought them to him at Goldman, Sachs & Co., the investment banking house in which Weinberg was senior partner...
...exasperated trading partners are no longer in any mood to grant that time. For instance, Japanese companies do not invest much in research, but instead rely largely on buying foreign technology. U.S. companies, in particular, no longer want only to sell technology. They want in on the Japanese market...
Rent control protects some tenants somewhat against rent increases, though which tenants are really helped and the extent of their protection remain unclear. It does tend to hurt landlords, though clever speculators can usually find a way over, under, or around such a law, creating a black market in housing. It hampers new construction, and consequently reduces a city's potential tax base (and the amount of money it has to spend)--but the time needed for major damage to new construction is primarily guesswork. On paper, rent control laws are an added weapon for building code enforcement, but they...