Word: nationalizes
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Dates: during 1970-1979
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...Stevens is the second largest textile manufacturer in the country. It employs 44,000 people in 85 plants, 63 of which are located in North and South Carolina. Wage levels there are about $1.50 per hour lower than the national manufacturing average. Wages in the South are generally lower; unions are much weaker there, and are practically nonexistent in the textile industry. To keep things this way, for years Stevens has conducted a massive campaign of illegal actions--discharge and intimidation of workers, interference in union activities, overt racial discrimination, and wiretapping. It has been found guilty of repeated labor...
...immigration law provides an annual quota of 170,000 for the Eastern Hemisphere and 120,000 for the Western. Another 110,000-primarily relatives-are permitted to enter under special provisions. In the Eastern Hemisphere, each nation has a quota, and immigrants are accepted largely on the basis of their skills and family ties to U.S. citizens. There are no national quotas in the Western Hemisphere; immigrants are accepted on the basis of first come, first served...
Pakistan's Prime Minister clung desperately to power last week, firmly convinced that his own time to fade had not yet come. But Bhutto's troubled and unhappy nation was plunged into its worst political crisis since the 1971 civil war, which ended in the breakaway of its eastern sector to become the independent country of Bangladesh...
Builders agree that the March performance was no fluke. With the exception of January, when one of the worst U.S. winters in a century stopped building in many parts of the nation, the market from Brentwood, Calif., to Boston has been rising for months. Builders, mortgage lenders and real estate agents are scrambling to keep up with demand. Says Jerald Ruben, president of General Realty Corp., one of the largest new-home real estate agencies in the Detroit area: "It's the most fantastic thing I've seen in 25 years." Reports Connecticut Realtor Phyllis McGovern: "The momentum...
...became chief executive of General Learning. In 1973 he moved to CBS to head its publishing group; profits rese from $3.2 million that year to $24.3 million in 1976. Right after becoming president of CBS, he handled the $50 million acquisition of Fawcett Publications, making CBS one of the nation's top publishers...