Word: sectoral
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Dates: during 1970-1979
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FORTUNE'S annual compilation of figures for the nation's 500 largest industrial companies, published this week, serves as a kind of X ray of the corporate sector of the U.S. economy: it illuminates trends that can be discerned only dimly in individual company reports. Among last year's notable tendencies were a somewhat disconcerting ability of the big companies to cut employment while increasing sales, a continued sharp decline in merger activity and what looks like the beginning of a turn away from diversification...
Shortly before noon, the Luftwaffe JetStar landed at Athens airport and taxied over to the sector operated by the U.S. Air Force. Ostensibly, the JetStar was on a routine diplomatic courier mission, and the three crew members told Greek officials not to bother with passports: "We will be leaving shortly." Then two passengers-a German army major in uniform and a young woman -got off and drove in to Athens...
...virtually identical with the Allon Plan-a peace settlement put forward in 1967 by Israel's Deputy Premier Yigal Allon. Although there are major differences between the plans, both envision the creation of an autonomous Palestine federated to Jordan and the return of Jerusalem's Arab sector to Jordanian control...
...Honecker had granted three-day Easter passes to West Berliners as an illustration of the freer access that will be allowed after the Big Four agreement on the city is put into action. Although it was a one-way deal -no East Berliners were allowed to visit the Western sector-West Berlin's Mayor Klaus Schiitz praised the Communist gesture. "What was written on paper now is being put into practice," he declared as about 500,000 West Berliners began to stream through the Wall. "This shows that an easing of tensions is possible, and not only in theory...
Hollywood finally took note of two basic facts: first, with movie theaters clustering in big cities and whites moving to the suburbs, the black sector of the moviegoing public was growing rapidly (an estimated 20% in the past five years); second, the black audience was hungry for films it could identify with, made by blacks, with black heroes, about black life. Now every major studio is making a play for the big black market...