Word: millions
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Dates: during 1960-1969
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...York City has become the center of black antiSemitism, although it exists in almost every urban center where large communities of Negroes and Jews intermingle. New York has more Jews (1.8 million) and more blacks (1.5 million) than any other city in the world. The predominantly Negro areas of Harlem and Brooklyn's Ocean Hill-Brownsville were once solidly Jewish; now the Jewish presence is signified by absentee storekeepers and landlords who, fairly or not, are regarded by the Negro as colonial exploiters. More often than not, the black child is taught?in a crumbling, inadequate public school?...
...Dennler, Jack S. Parker and Herman Weiss. He also reported that sales reached a record $8.4 billion in 1968-double ten years ago-but profits did not keep pace. A preliminary estimate shows earnings are, as Borch put it, "no more than 2% below" 1967's record $361 million...
...COMPUTERS. The company entered the computer field in the mid-1950s and so far has spent hundreds of millions to develop a full family of machines. Partly because of the competition from IBM (see page 63), it is unlikely to turn a profit before 1970 at the earliest. Another costly venture was G.E.'s purchase in 1964 of Machines Bull, a French computer manufacturer. G.E. has pumped well over $100 million into the company, most of whose major computer lines had to be scrapped; Bull has yet to earn a profit for G.E. Some management critics believe that...
Cardin-designed or Cardin-approved products are sold in special boutiques-located in the U.S., Canada, Italy, Lebanon and France-and through licensees, who pay him a 7½% to 10% royalty. Last year, sales amounted to $27 million, more than double the 1965 total. What Cardin nets from all this he will not say, but the figure runs into the millions...
...rival union recently stalked out of Britain's Girling company, a large manufacturer of brakes. That started a disastrous chain reaction. For lack of brakes, automobile companies had to close several plants and lay off thousands of workers. Ford Motor Co., Ltd., alone lost an esti mated $50 million in sales during the four weeks that the walkout lasted...