Word: ownership
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Dates: during 1970-1979
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Long worried by overwhelming U.S. ownership of some major industries, Canadians are trying a new tactic for redressing the balance: they are moving to buy up foreign-owned firms in key areas, particularly natural resources. Last week the government-owned Canada Development Corp. made a $290 million tender offer for shares in U.S.-owned Texasgulf Inc., a large natural-resource company that has piled up high profits by digging deep holes in the ground...
...Reilly will stay with Heinz long enough to capitalize on those opportunities. Outside the Heinz company, the rugby hero, who is still an Irish citizen, has built up a personal financial empire that includes interests in Irish real estate, fertilizer, soft-drink and clothing manufacturing, and personal ownership of Ireland's largest chain of newspapers, including the Irish Independent and the Evening Herald of Dublin. Millionaire O'Reilly brushes aside those suggestions the way he once shook off would-be tacklers in rugby: he insists that he is with Heinz to stay...
...Chicago 21 plan also provides for massive improvements in existing low-income communities. The planners urge an end to public housing, feeling that home ownership is vital to city health. Beyond that, parks and new housing will be added to the mainly Latin American Pilsen neighborhood, and Chinatown will be reoriented toward the Chicago River. For the rundown Cabrini Green area they recommend new housing, job training centers and mass transit to allow residents to travel to work without having...
...next step is for Chicago's people to respond to the plan in public hearings. Then the planners recommend that a limited-dividend company with public and private ownership be set up to hold land, coordinate the projects and raise most of the seed money-all tasks beyond the scope of ordinary developers. Initial funds could come from the sale of special revenue bonds. Later, income from completed projects could be used to underwrite more improvements elsewhere in the city...
...school and a restaurant, aside from its two theaters. Pick up a schedule because the Welles holds week long festivals at least one of which will be worth planning ahead for. Cambridge's other three theaters--the Brattle, the Harvard Square, and the Central are all under the same ownership. The Brattle specializes in classic, popular and auteur revivals--Cagney and Bogart will be big there this summer. Harvard Square usually features first run films about six months after their original distribution--so if you can't afford Tango now, or if you refuse on principle...