Word: payments
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Dates: during 1970-1979
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...airliner with an automatic pistol concealed inside a fake plaster arm cast. Once he had seized control in the cockpit, he started making a wild series of demands over the radiotelephone. He wanted to talk to President Nixon; he wanted the release of Angela Davis; he wanted a ransom payment of exactly $306,800. Eight hours after the hijacker struck, two FBI agents disguised as crew members boarded the plane at John F. Kennedy Airport, shot the hijacker in the hand and captured...
...Most of its workers are women, and they have almost always been hired for low-paying jobs as operators or clerks and given little chance for advancement. In a pact with the Labor Department and the Equal Employment Opportunity Commission, AT&T agreed to make a record one-time payment of $15 million in back wages to employees whose incomes have been held down because of job discrimination. The back pay will go to 13,000 women and 2,000 minority men employees who, AT&T agreed under Government pressure, have been arbitrarily assigned to low-paying jobs. This "delayed...
Development of gas from the field around Yakutsk would require Occidental and a partner, El Paso Natural Gas, to supply technological help and money to build pipelines and tankers to carry liquefied natural gas to the U.S.; Occidental would take payment in gas, which it would sell in America. Hammer himself concedes that at least $3 billion in American money will be needed, but insists that Washington will guarantee the necessary loans. His logic: "We in the U.S. need the gas, or else we just face having more brownouts." But within the Nixon Administration, officials are debating whether...
...have costed out the Democratic platform to meet these great domestic needs, at an additional $16 billion in Federal expenditure--quite a feat for economists who cannot figure their own budget accurately and who, in order to give their fiscal 1960 budget an appearance of balance, had to postpone payment on certain items from June 30 to July 1 (the first day of a new fiscal year...
...ruling was a galling disappointment to TWA chiefs, but it will not seriously affect the company's finances. TWA executives have never counted the potential damage payment among the firm's assets. Still, the decision had an adverse effect on the price of TWA stock; it closed at 35⅞, down 2¼ for the week. TWA's only real loss was as much as $10 million in legal fees...