Word: rosing
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Dates: during 1970-1979
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...Northwest is still a trickle compared with the tide flowing to the Sunbelt, but more and more Americans, lured by the natural beauty and the way of life it fosters, are arriving. The populations of Washington, Oregon and Idaho have increased 15% during the past ten years (Florida rose 45%) and are expected to grow another 13% by 1985. More people mean a need for more jobs. Washington Congressman Mike McCormack sums up the development-v.-conservation dilemma: "One man's conservation is all too frequently another man's unemployment...
...city's first citizen is probably Edward E. Carlson, 66, who rose from bellboy to president and chairman of Western International Hotels and then became head of United Air Lines when it acquired the hotel chain. Though United's headquarters is in Chicago, Carlson lives in Seattle and commutes between the two cities. He was the driving force and idea man behind the 1962 Seattle World's Fair, a turning point in the city's development. Not only did the $100 million bash turn a profit of $500,000, but it endowed the city with many...
Apart from U.S. pressure, Fukuda has other compelling reasons to push for faster domestic expansion rather than more exports. In the third quarter, Japanese production of goods and services, discounted for inflation, rose at an annual rate of only 4.4%. To a country used to much more rapid growth, that has been a shock. Japanese business firms are failing at the high rate of 1,500 a month, and unemployment, for all the vigor of the export industry, has edged up to 2.1% of the work force. In almost any other country, that would be considered low -but Japanese workers...
...boycott. Indeed, many argue that the fines and legal costs of fighting the unions are small compared with the cost of higher wages and better fringe benefits, like pensions, which organized workers would demand. Last week the company reported that sales in the fiscal year ended Oct. 29 rose almost 30%, to $1.5 billion. Profits, it is true, dropped 14.4%, to $35 million, but they were coming back up in the final quarter. Labor's hope is that the new higher penalties for violating a national injunction will alter the rules of battle and Stevens will suddenly find that...
...than halfway through Scott's "fiveyear plan" for making A. & P. solidly profitable, the results are dismal. Last month A. & P. reported that earnings in the quarter ended Aug. 27, the second period of its fiscal year, dropped a sickening 88% below a year earlier, even though sales rose 2.4%. After that news broke, President Gentry resigned. He has been succeeded by David W. Morrow, 46, who once worked with Chairman Scott at Albertson's, a food and drug chain based in Boise, Idaho. Though A. & P. is closemouthed about the profit crash and the executive shift...