Word: retirees
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Mondale would put all the additional money raised by his tax changes into a trust fund that by law could be used only to reduce deficits, not to finance higher spending. The difference would turn out to be more semantic than real, if, for example, the Government used the money...
DiPrete launched his campaign in earnest last week when Anthony Solomon, state general treasurer, emerged from the primary as the Democratic nominee. Solomon won a clear 16-point victory over his opponent Joseph Walsh, the mayor of Warwick, R.I., but only after the two men had spent nearly $1 million...
When ministers from eleven debt-ridden Latin American nations met last June in Cartagena, Colombia, they called on bankers to lower interest rates and relax repayment terms on the region's $350 billion in foreign borrowing. Last week a committee of 13 large lenders agreed to grant such key...
Five years ago, morale was bad and production worse at the tiny Haiyan shirt factory in Zhejiang province, 69 miles from Shanghai. The enterprise was in such dire condition that workers who were ready to retire could not do so because of an empty pension fund. The value of the...
Edward Brennan went to work for Sears, Roebuck in 1956 as a salesman in the men's clothing department of the Madison, Wis., store. But he was not the kind of per son who would spend much time amid shirts and socks. Last week Brennan became Sears' president...