Word: rose
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Dates: during 1970-1979
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Rainmaker: law-firm partner who brings in business, sometimes because he has held high Government office. Among the most famous was Richard Nixon, who managed to attract Pepsi-Cola to the New York firm of Nixon, Mudge, Rose partly because as Vice President in 1959 he steered Nikita Khrushchev to the Pepsi kiosk in Moscow as photographers clicked away. Rainmakers can come up dry: ex-Attorney General Ramsey Clark did so much free pro bono work that he lost money for his former New York firm...
Consumer prices in February jumped at an annual rate of 7.4%-not as bad as January's 10%, but quite bad enough. For the third month in a row, prices rose faster than wages, and workers' purchasing power declined. The index of leading indicators, those figures that are supposed to foretell the economy's future, showed no change from January, when it had dropped 1.9%. The U.S. trade deficit in February was a startling $4.5 billion, the worst ever in one month. At home the Carter Administration's economists fear that unemployment in the next month...
...told me. The people at the rental agency would not have liked his grin. Saturday night we spent driving in a storm, moving south at 75 miles per hour on Interstate 95, through Virginia, the Carolinas and Georgia. As we crossed into Florida, the skies cleared and the sun rose. It was clearly the promised land...
...learned about computers when he was a World War II Navy cryptographer (he helped to break the German code), then sold stock at $1 a share to start Control Data in Minneapolis in 1957. Last year the company had sales of $2.3 billion, and its profits rose by 42%. But Chairman Norris at 66 is doing much more than adding to his millions. While other people merely fret and fuss about hard-core unemployment, this plain-talking engineer is taking long risks to create jobs for people who had felt left behind and shut out by the system...
...March 1, it flew a 747 loaded with celebrities to Britain for what it had planned as a gala inauguration of its new run be tween London and Dallas-Fort Worth. The Life Guards band turned out at Gatwick airport to serenade the orange jumbo jet with The Yellow Rose of Texas. But the British government would not let Braniff fly passengers back to the U.S. at the new low fares, and the U.S. Civil Aeronautics Board refused to let Braniff charge the high fares. Result: the plane flew back with its nonpaying passengers, and Braniff suspended its new service...