Word: profitable
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Dates: during 1960-1969
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...paying attention to the day's specials. The most honest and sardonic sell of all is practiced by the Brookline, Mass., delicatessen of Jack & Marion's. Several of the 345 dishes on the overwhelming (25-in. by 36-in.) card carry a star to indicate "a good profit item for Jack & Marion's. Please order...
...increases. Those demands had been caused largely by the De Gaulle government's past policies of creating prosperity by holding down wages and skimping on social needs. In addition, France has long suffered from the tendency of many of its people to distrust their own currency, to put profit above patriotism and to have as their motto "In gold we trust." The crisis of the franc is basically a crisis of national confidence. Too many Frenchmen have been buying bullion and foreign money and transferring their savings to foreign countries in hopes of eluding an increase in taxes...
...rare aptitude often find better-paying jobs with an airline, or even on an auto assembly line. Service under warranties, which cover about 10% of auto-repair business, suffers from an additional handicap. Dealers say that the automakers are niggardly with compensation for warranty work, allowing only a 25% profit margin for parts, compared with the 40% or more that a dealer can charge for nonwarranty work. As a result, dealers usually do warranty work only on cars that they have sold. The work they do, says the FTC, is often "substandard" because the mechanic is urged on to other...
...decision crowns 13 years of frustrating delays since the merger plan was born in 1955. The roads sought the sanction of the Interstate Commerce Commission to unite in 1961. Five years later, the commission rejected their petition on the ground that the northern combine, involving some of the profit-starved railroad industry's most prosperous carriers, would hurt competition. In particular, the commission expressed the fear that the merged companies would draw traffic away from the Chicago & North Western and the Milwaukee Road. Late last year, the commission reversed itself after the northern lines promised to give valuable track...
...SLIGHTLY CYNICAL, Goodwin's solution may seem based more on faith than on sound strategy. Local regulatory agencies can hardly match the financial or legal power of corporations that value profit more than zoning, productivity more than preserving jobs. Regulation of corporate giants may require government that is equally powerful. Moreover C. Wright Mills may be right. Intertwined leadership in government and business may make impossible any serious regulation of industrial expansion. Further, to finance regulatory programs will require an active Congress. There is little hope of changing the conservative legislative balance so long as Congressional races are decided more...