Word: millions
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Dates: during 1960-1969
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...rule book. It was clear, for example, that university brains would have to be tapped. But instead of following the usual practice of giving Government scholarships directly to stu dents, and allowing the students to shop for berths at a few Ivy League universities, NASA turned the money ($100 million so far) over to a large number of universities, thus ensuring greater cross-fertilization of ideas...
...commercial design. It was only after Gropius left Harvard in 1952 that the big, award-winning commissions started to come in: the U.S. embassy in Athens, the University of Baghdad, academic buildings for Phillips Academy at Andover, Harvard and Brandeis Universities. At his death, his firm had $315 million worth of work in progress, including a satellite city (named Gropiusstadt) outside Berlin, a vast medical complex in Boston, and the I.B.M. World Trade Center in Teheran...
...York and found a quick buyer in RCA. The company quickly put its considerable promotional weight behind 2525 and accomplished a feat that would have made even the Beatles jealous: last week, less than two months after its national release, the single had sold more than a million copies and had zoomed to first place on the Billboard Hot 100 chart. At the same time, RCA issued an LP combining 2525 with nine of Rick's other songs (no protest stuff, just reminiscences about love and other "Now subjects"). Everybody connected with the album was confident that it would...
Airline stocks fell especially far last week after Pan American skipped a dividend as a result of a $19 million loss in the year's first five months. Traders were further depressed by a cutback in capital spending at Chrysler and news that retail sales dropped in June for the second straight month. These indicators might bring some cheer to the Federal Reserve Board, which has been desperately looking for evidence that its restrictive money policy has produced some slowdown. But New York's First National City Bank warned in its latest economic letter that, "to hold fast...
...week of banks' first-half earnings emphasize that, whatever else they accomplish, high interest rates produce high profits. Compared with the first half of 1968, net operating earnings at Manhattan's Manufacturers Hanover Corp., parent of the fourth biggest bank in the nation, rose 21% to $40 million...