Word: profits
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Dates: during 1950-1959
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...public-relations man could recognize that the time was wrong for fireworks. In Detroit tough negotiations between the U.A.W. and the big three auto companies were under way in a climate of depression and gloom, with few rank and filers in a mood to strike for Reuthers pet profit-sharing plan (see BUSINESS). At the hearing table, Reuther kept his temper, thereby took the teeth out of traps carefully...
...this is the universal tongue in which the higher rituals of the order are conducted all over the earth. The candidate who presents himself for ordination must mortify the flesh through long years of labors in the laboratory. His reward is membership in a community which holds powrer and profit in contempt in its zealous devotion to a higher...
...Dead Serious." G.M. countered by calling for a continuation of the present contract, which would provide a flat 6% yearly wage boost, no additional benefits and no profit-sharing. Automakers speculated that Reuther himself has little hope of winning a profit-sharing agreement, is only using it as leverage in the main fight for a hefty wage raise, despite all his "dead serious" talk of finding "a way by which wage earners can achieve their equity, their measure of social and economic justice." Reuther may even have trouble gaining much of a pay boost. With skidding sales, the industry...
...programs are frequently considered politically ineffective, and private Western capital is steadily leaving the Middle East, except for oil companies, whose returns are great enough to justify putting up with the problems. Even Middle Easterners with money to invest generally salt it away abroad, or put it in quick-profit, nonproductive ventures. Only the Russians, who love a vacuum, have been willing to step in with easy credit and technical...
Airmen could tell the story in six minutes. With costs up 45% since 1945, profit margins have slipped. U.S. airlines made only 4.6% profit on a $1.3 billion gross in 1956. Last year the margin skidded to 1.6%, and T.W.A., Northeast and Capital fell into the red with combined losses of $8,700,000. This January and February the industry's overall losses jumped to an estimated $12 million v. $400,000 in the same period last year...