Word: product
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Dates: during 1960-1969
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...fourth straight month. That advance lifted incomes to an annual average 9% above that of the first eight months of 1967. Unemployment shrank to 3½% of the labor force, matching a 15-year low. Adding up the figures, the Commerce Department conceded last week that the gross national product-the total of everything produced in the U.S.-will show "a substantial increase" during the third quarter...
Many steelmakers now offer discounts from their just-boosted prices in an effort to keep big customers from turning to foreign suppliers. But prices are still climbing for just about every other kind of product and service, in large part because of wage settlements that averaged nearly 7% during the first half of this year. In an election year, Washington's reaction is to criticize business, and reprove labor gently if at all. Last week the Administration denounced Chrysler Corp. for announcing a price boost on its 1969 models (see following story); the Government barely mentioned the increase...
Hyman also argues that U.S. companies and Stateside banks, which presently hold 14% of all British deposits, act as a spur to make Britons perform better themselves. A hard-driving industrialist who makes all of Viyella's management decisions, he is particularly impressed by American marketing and productivity. "American businesses in Britain work back from the marketplace and simplify their plants," he says. "British businesses, through excessive product proliferation, are far less rational in their factories...
Outer Dark is a morality tale that has elements of a Southern-Gothic horror story. Its main characters are involved in a quest. A newborn child, the product of an incestuous affair between a backwoods brother and sister, is abandoned by the brother and found by a passing tinker. The sister sets out on a long search for the child, and the brother obsessively pursues her, while both suffer physical and spiritual deprivations...
...been secretly carried on in suburban Scarsdale, N.Y., where both Loew's Chairman Laurence A. Tisch and Lorillard Chairman Manuel Yellen live. Meeting at the Tisch home in Scarsdale, Tisch and Yellen were able to work out within one week a deal by which Lorillard's product line (Kent, True, Newport, Old Gold and Spring cigarettes, Tabby cat food and Reed candies) will join the 14 hotels and 110 theaters controlled by Tisch and a younger brother. The merged company, which will have combined annual sales of more than $700 million, will undoubtedly be making more acquisitions...