Word: offsets
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Marrying Sam of the corporate merger business is a Boston pawnbroker's Harvard-educated son named Abraham Malcolm Sonnabend. In the past four years Sonnabend has mated a score or more moneymaking companies with money losers, using the losers' losses as a tax offset against the moneymakers. In so doing, Sonnabend, who learned to wheel and deal as a Boston and Miami real estate operator, has gained control of a hotel, manufacturing and retail empire with 1957 sales of $179 million. Top earners: Hotel Corp. of America with operating revenues of $63 million, Botany Mills with sales...
...Sonnabend to come in and work fast because Studebaker's five-year carryover period for tax losses starts running out next year. Last week Sonnabend reported that he had nine prospective bridegrooms with combined earnings before taxes of $30 million a year-more than enough, he said, to offset Studebaker's past losses. Sonnabend was eager to get on with the wedding, but Churchill wanted to hold up formal publication of the banns until the company's creditors have approved plans to recapitalize, make the debt load more manageable...
This was fortunately offset by the remarkable Doolittle family. Rosemary Harris, as Eliza, and Max Adrian, as her father, rescued the first act, and then proceeded to steal the show in the final acts...
...fight that Lady Rhondda started did not end there, though few besides her could get much worked up over belonging to a parliamentary anachronism which can delay legislation, but cannot prevent it. The leveling Labor Party wanted to abolish the House of Lords altogether. Finally, early this year, to offset Labor's objections, the Tories pushed through a bill to give the House of Lords new blood by the creation of life peers, both male and female, whose descendants would not be titled. * Their children would be addressed as "The Honorable." As for the husband of any new lady...
...which gets only 200,000 bbl. daily from the Middle East, few oilmen would propose a dramatic increase in domestic production to offset loss of the Iraq supply. They are wary of repeating their mistake during the Suez crisis, when they amassed stores of oil so large that production had to be chopped back hard this year. Last week the Texas Railroad Commission boosted the number of producing days in August from nine to eleven, but made it clear that the hike was due to a slight rise in petroleum demand and a reduction of oil inventories rather than...