Word: peake
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Dates: during 1960-1969
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Last week the long-run feud between Walter Reuther, boss of the United Auto Workers, and George Meany, president of the A.F.L.-C.I.O. (TIME, Dec. 2), escalated to a new peak of bitterness when Reuther announced that the U.A.W. had decided "to exert our independence" of the A.F.L.-C.I.O. on is sues of its choosing. Reuther showed some of that independence by withholding from the A.F.L.-C.I.O. $232,000 in auto workers' dues for two months, finally paying an installment of half the amount last week. Though few in the labor movement believe that Reuther will pull...
Unloading at the Right Time. In June, McDonnell gave notice that it had sold its Douglas common during the first quarter of 1966, around the time that it reached its peak of 112, reaped a net profit of $2,600,000. But by last week, after the stock had nosedived to 30, then looped back up past 40, sources close to both companies estimated that Mr. Mac and closely associated "interests" had between them amassed 800,000 Douglas shares out of 5,200,000 outstanding. Reportedly, McDonnell himself now owns between 200,000 and 300,000-at least 20 times...
...about one-half the normal rate. Under the group plan, for example, the New York-London round trip would cost $230 compared with the $399 off-season and the $484.50 summertime economy fares. Unlike Pan Am's $300 excursion fare, which does not apply on weekends or during peak summer weeks, the group fare would be good at all times on all transatlantic and many transpacific and South American flights. The only catch is that to qualify, groups must sign up for package tours costing a minimum of $70 in Europe, $90 elsewhere...
...have one's book banned in Boston used to be the peak of a writer's career. No sales gimmick, advertising campaign, or TV spot could promote a book as rapidly as a Boston...
...rate of fall was disappointingly low-no more than two a minute -the students stayed at their post. Then, about 5 a.m., stars fell on Arizona. "It was like a snowfall of meteors," said Dennis Milon, head of the team. "Many outshone Jupiter." During a 20-minute period of peak activity, he estimated, the meteors were falling at a rate of 140,000 per hour...