Word: offs
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Dates: during 1950-1959
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With an ear to such warnings, businessmen have begun to pay more heed to spreading the dividends of increased production and cost-cutting automation. Last week Goodyear Tire & Rubber announced an "anti-inflation" cut of 5% to 15% in prices of replacement tires. Norge reduced its washer and dryer tags...
Steel management received Labor Secretary Mitchell coolly; it believes that he has partially reversed President Eisenhower's original hands-off stand, and it resents Mitchell's feeling that the industry's soaring profits (see above) should be able to accommodate a few cents' hourly boost for...
Tobacco stands in dozens of U.S. cities last week sported cigarette brands that few U.S. smokers had ever seen. To the amazement of many a dealer, packages of the new brands were snapped up by intense young men with briefcases and suspiciously bulging pockets. Who were the young men? They...
Under the program, Hotpoint is replacing 1955-57 machines with brand-new $299.95 models at a cost to the customer of as little as $49.95. On some models, the company is replacing the transmission free of charge, exchanging washer-dryer combinations for new, separate, 1959 washer and dryer units that...
That is bad enough business, but the Red Chinese further infuriated Western businessmen with high-handed, independent business practices. Businessmen ordering goods were forced to undergo long,, pompous lectures on Marxism. Prices and offers changed from day to day at Peking's whim, and officials often tried to play...