Word: motoring
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Said G.M. President Harlow Curtice: "General Motors engages in no discrimination as regards prices, terms and conditions in the sale of its buses." G.M.'s leadership, he said, is based simply on the fact that its buses operate "from 1.5? to 2.5? per mile cheaper than competitors' buses. The economics of the motor-coach industry are such that a fraction of a cent operating cost per mile can spell the difference between success and failure of the operator. It would appear that the action seeks to regiment the customer-in effect telling him that he is not free...
...flow of technology from laboratory to living room, some 3,000 U.S. companies today have their own research facilities, employ 500,000 research workers, including 100,000 scientists. Across the U.S., new research plants are springing up almost as fast as factories. In the past two months alone, General Motors dedicated its $100 million Technical Center in Detroit; U.S. Steel opened a $10 million laboratory at Monroeville Pa.; Union Carbide & Carbon Corp. moved into a $6,000,000 Parma (Ohio) research complex; General Electric completed a $5,000,000 Cleveland laboratory for the study of "psychological and physiological effects...
...Commerce Department raised its estimate of total construction spending this year, forecast a new high of $44.5 billion, $1.5 billion higher than in '55. Paced by aircraft and motor issues, the stock market also continued to edge up; the Dow-Jones industrial average ended the week at 487.?95, nearly 20 points above the low of the ileitis break...
...Ford Motor Co.'s Chairman Ernest R. Breech and President Henry Ford 11; General Motors Executive Vice Presidents Louis C. Goad and Frederic G. Donner...
...Truman party packed bags, pressed crisp new U.S. bills into the porter's hands, and prepared to motor north to Assisi, Venice and Florence, correspondents cornered him a final time on Salerno and Anzio, got him to admit: "After the fact, a man can always find a better way. The objective was won and that's what counts. I didn't come over here to criticize anybody." So saying, Harry Truman, happy tourist, climbed into his Fiat and roared toward new wonders...