Word: plante
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Dates: during 1980-1989
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...Kennedy School, satirically proposed the "Put Your Money Where Your Mouth Is Amendment" to such anti-takeover legislation. Under his proposal, businesses taking advantage of takeover protection would be obligated to live up to their professed responsibilities to the community by, among other things, providing 60-day notice for plant closings...
...since 1972. Western firms are allowed to own the majority share of a venture in Hungary, and sometimes receive generous tax breaks. Yugoslavia, the first East European country to seek joint ventures with the West, has formed 225 since 1967. One of the largest: a $62 million auto-parts plant co-owned by General Motors. In Belgrade the first McDonald's in Eastern Europe has been drawing more than 2,500 customers daily since it opened its doors last month. Says Pedrag Tostanic, Yugoslav managing director of the joint venture: "At all times I have people lined up outside...
...conduct international negotiations and strengthen his ability to retaliate against "pervasive" barriers raised by foreign countries against U.S. imports. But the debate on the bill is being dominated by a rather extraneous and distinctly secondary issue: Should manufacturers be forced to give employees 60 days' notice before closing a plant...
Ronald Reagan last week vowed that if a bill containing the plant-closing provision "is unloaded on my desk, I will stamp it REJECT and ship it back to where it was made." The House nonetheless fought off an attempt to strip the provision from the bill and then passed the legislation 312 to 107. The Senate votes this week; the only question is whether the trade bill, three years in the making and supported by groups as diverse as organized labor, farmers and the oil industry, will pass by a vote larger than the two-thirds necessary to override...
...controversial plant-closing requirement would oblige employers of 100 or more workers to give them 60 days' notice before shutting down an operation or conducting heavy layoffs (500 workers or a third of the labor force). Arguments for and against the proposal are less than compelling. Democrats and unionists contend that notice is an act of simple humanitarianism that allows workers time for adjustment to a blow that would otherwise shatter their lives. Says Ohio Senator Howard Metzenbaum: "It's time to mandate a little human decency." But many companies already give notice voluntarily or shut down a plant...