Word: slumping
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Dates: during 1960-1969
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Bigger & Faster. Fiat, says Chairman Gianni Agnelli, owes its success to "a policy of production most suitable to the situation." What he means is that when the Italian economy was in low gear, Fiat built small cars-robust, versatile, economic. But since its 1964 slump, the economy has been picking up speed, and now Fiat is too. Its cars are getting bigger and faster. Tiny, 500 cc. to 600 cc. "Mickey Mouse" models are giving way to huskier, 1,000 cc. to 1,500 cc. sedans that now account for 34% of production. And demand for the bigger, more powerful...
Butcher's financial talent dovetails with Seabrook's knack for curing sick companies. A Phi Beta Kappa graduate ('39) of Princeton, Seabrook first rescued his own family company, Seabrook Farms, from a disastrous slump. In 1959, when his father, now dead, sold control of the frozen-food firm, Seabrook quit as president and joined Butcher. He became president of I.U. in 1965, and of General Waterworks last year. Often his doctoring of acquisitions involves nothing more startling than sending in a financial expert to bail out a sales-minded boss. "A lot of companies are mismanaged...
...Wall has long since pulled down the shutters on West Berlin's "show window to the East," robbing the city of its old excitement and sense of purpose. To make matters worse, the West German recession has caused a severe Berlin business slump. On top of all that, Mayor Willy Brandt went to Bonn last December and turned his job over to Heinrich Albertz, a hapless preacher-turned-politician who was unable to rule his own party, let alone the largest (pop. 2,191,000) city in Germany...
...everything off in the third inning. And Castoff Yankee Roger Maris, driving in still another run, his seventh of the Series, to prove that he's the money player everybody said he wasn't. And Second Baseman Julian Javier, batting cleanup by default during Cepeda's slump and pounding out a three-run, sixth-inning homer. Then there was Lou Brock. In six games, he had collected ten hits, stolen four bases and scored seven runs. So in the seventh he rapped out two more hits-and proceeded to steal three more bases, thus breaking a Series...
Seven times since World War II Britain has deliberately throttled its seesaw economy to battle inflation or defend the pound. In the 14 months since Prime Minister Harold Wilson intro- duced the severest repression of all, the country has stumbled into an agonizing business slump. The self-inflicted wounds increasingly have fired acrimonious debate over what the London Times calls "the new theory of nobility through suffering...