Word: multimillion
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Dates: during 1950-1959
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...grand ballroom of Manhattan's Waldorf-Astoria this week, a multimillion-dollar show heralded the biggest auto news of the year: General Motors' 1954 line of cars. To retool for the 25 new production models and build eleven experimental cars, G.M. spent $350 million...
...code (the rules and regulations of city departments), became legislative counsel for the U.S. Senate, wound up as dean of Columbia University's faculty of law. In 1920, Equitable hired him as second vice president and sent him off to Europe to salvage what he could of the multimillion trust funds it had been required to set up in banks to guarantee its policies. Though the assets of many of the banks had been confiscated by warring armies, Parkinson retrieved the funds, a feat that brought him the society's vice-presidency in 1925, its presidency...
Died. Hjalmar Hammarskjold, 91, statesman-father of the United Nations Secretary General Dag Hammarskjold; in Stockholm. As Sweden's Premier during World War I, he shaped his country's traditional neutrality policy, and later, as chairman of the multimillion-dollar foundation (1929-47), annually presided over the awarding of Nobel Prizes...
ATOMIC power for commercial use within five years is General Electric's goal. G.E. will ask the Atomic Energy Commission for permission to build an atomic power plant at AEC's Hanford Works near Richland, Wash. The multimillion-dollar plant would produce plutonium as well as electric power. Said G.E.'s President Ralph J. Cordiner: "The most significant [industry] pronouncement . . . since the invention of the incandescent lamp...
What does it profit a cinema star to go into television? TV pay has finally reached movie levels, and its multimillion audience is an attraction in a time of waning movie attendance. Best of all, it offers jobs during the dog days of Hollywood employment. The latest TV converts and their new shows...