Word: minimum
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Dates: during 1960-1969
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...mechanical muscles that would give its user the strength of a giant, enabling him to lift 1,500-lb. loads with a minimum of effort. Nick named HardiMan, the machine is being developed by General Electric under a joint Army-Navy contract. Attached to the operator at his feet, forearms and waist, the steel-framed, pincer-armed skeleton mimics and amplifies its user's movements, could be used for bomb loading, underwater salvage and a variety of other functions, both military and civilian...
...Chemical Bank New York Trust Co., the nation's fifth largest, commercial banks from coast to coast boosted their prime rate-the minimum interest charged for loans to their biggest customers- from 5½% to 5¾% . With unusual speed, major banks in such money centers as New York, Chicago, San Francisco, Boston, Atlanta and Houston fell in line with the increase, which was the third since last December. At that time, banks lifted their prime rate from 4½% to 5% ; in March they upped it again to 5½%. Taken together, the rises amount to the swiftest...
...company deferred part of its heavy development costs for the twin-jet DC-9, it lost money on the first 20 planes and failed to show a profit on a second group. Last week Douglas confirmed that it had raised the price for DC-9s by 4% from a minimum of $3,100,000. The increase became effective June 1, but because Douglas' books are filled with plane orders placed before that date the higher price tag will not affect its income until...
Though the FDA's notice to vitamin makers and food processors reads like another of "GoGo Goddard's" sweeping attacks, the decision had actually been in the works for four years. The Government-backed Food and Nutrition Board decided four years ago that the term "minimum daily requirement" was widely misunderstood and abused. In its place, it proposed "Recommended Dietary Allowances" of eleven vitamins and six minerals, and last week the FDA finally put those recommendations into practice.*In almost every case the allowances are well below the previous "requirements...
...line has been advancing in several other directions. Last month a CAB examiner recommended that Continental and two other lines be granted the Pacific Northwest-to-Southwest routes, the last major runs in the U.S. still without through air service. Last week the Pentagon announced that Continental's minimum-guarantee contract to airlift troops to Viet Nam would be increased fourfold, to $30 million in 1967. And Los Angeles-based Continental announced a $64 million order for ten more jets. In all, Continental is investing $196 million to add 30 planes by 1968, doubling the size...