Word: share
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Dates: during 1970-1979
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Many representatives of religious institutions have testified before the IRS, claiming they will not be able to meet the racial quotas because of the lack of minorities who share their faith...
...they join an organization like the Peoples Temple? And why did they stay in it? Few if any of the thousands of cult groups in the U.S. are as violent as the Guyana group was in its last days, but many of them share a number of unusual characteristics. Social scientists who have studied these groups agree that most cult members are in some sort of emotional trouble before they join. Says Dr. Margaret Thaler Singer, a psychologist at Berkeley: "About one-third are very psychologically distressed people. The other two-thirds are relatively average people, but in a period...
Shipbuilding. Western Europe's share of the world shipbuilding market plunged from more than 80% in 1950 to an estimated 37% last year. In the past four years, Common Market governments have spent about $650 million annually in subsidies to keep the yards busy and 214,000 workers on the payroll. Even so, more drastic cuts are ahead. By 1980 the yards in the European Community are expected to build only half of last year's 5.4 million tons, and the number of workers will probably be reduced...
Autos. The road ahead is pitted with potholes, even though European automakers this year expect to produce 11 million vehicles, just under their 1973 record of 11.25 million. The most imminent threat comes from the Japanese, whose share of the Western European car market has jumped from .6% to 6% in the past ten years. The Japanese onslaught has also hurt European export sales, especially in the U.S. For the longer run, the U.S. automakers may pose a more formidable danger, now that they are making smaller, gasoline-sparing cars of the type that sell well in Europe...
...class company would seem to betray a rare streak of egalitarianism in Tiffany Chairman Walter Hoving, whose often stated political views would make Marie Antoinette's sound like Vanessa Redgrave's. In fact, money talked. In a lopsided swap, Avon offered $45 worth of its stock for each share of Tiffany, which had been hovering at $19 over the counter. Hoving owns 18% of the Tiffany shares, and overnight their value shot from $7.5 million to $18 million...