Word: ownership
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Dates: during 1970-1979
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Approved Application. That did not settle the matter. Under federal law the President of the U.S. must decide that changes in the ownership of American international carriers are in the "national interest." Considering his troubles at TWA plus an even more checkered career as controlling shareholder of Northeast Airlines from 1962 to 1964, Hughes did not seem the ideal candidate for sole proprietorship of Air West. Even so, Nixon approved Hughes' application in April...
Whole communities are utterly dependent on the auto. Wall, S. Dak., a town of 800, boasts four ultramodern motels, three new gas stations, a bevy of postcard stands, a famous drugstore that does more than $1,000,000 worth of business annually and the highest per capita ownership of backyard swimming pools in the state?all because it happens to be handy to the interstate highway that vacationers travel to the Badlands, the Black Hills and Mount Rushmore. Now a local construction firm has postponed building a $300,000, 46-unit motel, and Herb Pantke, 63-year-old attendant...
...Multiple-car ownership could spread beyond the one-third of American families that already own two or more vehicles, but the pattern will be different. "The more variety you have in small cars, the more people who have one car will want two," says GM's Gerstenberg. A small, unostentatious car will be the workhorse for commuting and shopping. The second vehicle could be any of a number of special-purpose types, depending on family habits and interests: a camper for vacations, a pickup truck for light hauling, a sports car for pleasure driving?perhaps even a large sedan...
...ambitious Australian, who has specialized in reviving faltering papers with heavy doses of crime coverage, cheesecake and scandal. But Murdoch relishes competition, and San Antonio offers him a rousing circulation battle with the Light, a Hearst-owned afternoon daily. Wary Light officials have already begun huffing about "foreign ownership" in their city, despite Murdoch's pledge to "keep those newspapers steadfastly American." Whatever the outcome, Murdoch's San Antonio properties will give him a toehold in the U.S. that he plans to enlarge soon in a major way with the founding of a national weekly tabloid paper. Slated...
Trustees of the Longfellow House Wednesday transferred ownership of the building to the Department of the Interior, which will maintain it as a national historical site...