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There was precedent for management's claims. When American Motors, an infant by comparison to the smallest of the Big Three car manufacturers, pioneered a voluntary overtime in the auto industry, the company was forced to hire several hundred "Saturday specials" to maintain weekend production at its Milwaukee body plant. The special Saturday force that worked the Saturday shift consisted largely of college students who received time-and-a-half for a job they did not do at any other time during the week...

Author: By Robin Freedberg, | Title: Not All the Blue Collar Workers Like New UAW-Chrysler Contract | 9/26/1973 | See Source »

Actually, one common form of "viral" pneumonia is caused by an organism that is neither a bacterium nor a virus. Known as Mycoplasma pneumoniae, or the "Eaton agent" (named for its discoverer), it is the smallest free-living agent capable of infecting man. The microbe is best known for downing whole barracks or dormitories of victims at a time. One of the few advantages of having Mycoplasma pneumonia is that, like the bacterial forms, it is susceptible to attack by antibiotics...

Author: /time Magazine | Title: Medicine: The Presidential Virus | 7/23/1973 | See Source »

Last week the Government reported that industrial output in May rose a slender 0.5%, the smallest increase in ten months. In a Commerce Department survey, U.S. manufacturers said that they anticipated sales gains of only about 0.4% in the second quarter, compared with boosts of 4.1% in the year's first three months. Consumer buying is slackening except for some items. After rising exuberantly for four straight months, retail sales slumped by a full $1 billion in April, to $41 billion. One reason: growth in personal income slowed in May for the third month in a row, climbing...

Author: /time Magazine | Title: GROWTH: At Last the Boom Falters | 7/2/1973 | See Source »

Businessmen, too, are turning frugal. Inventory buildup, which has contributed much to the corporate spending surge, decelerated by 50% in April, to $720 million. That is by far the smallest outlay in the past nine months. Capital spending plans are also being curtailed. In May, for example, a McGraw-Hill survey reported that businessmen round the country intended to raise plant-and-equipment spending this year by 19%. The latest Government study in June put the increase at a more modest 13%. Otto Eckstein, another member of TIME's board, predicts that the increase in capital outlays...

Author: /time Magazine | Title: GROWTH: At Last the Boom Falters | 7/2/1973 | See Source »

...Berry Gordy Jr., Motown last year parlayed its soul singers (Diana Ross, the Temptations) into sales of $40 million. Next is Chicago's Johnson Publishing Co., Inc. (Ebony, Jet, Black Stars), which, with sales of $23 million, is one of eight publishing firms on the list. The smallest firm is Terry Manufacturing Co. of Roanoke, Ala., which has sales of $ 1,000,000 from women's uniforms and sportswear. The list is dominated by light manufacturing companies (18), auto dealers (15), general contractors (9), food processors and distributors (9), and beer and liquor wholesalers...

Author: /time Magazine | Title: BLACK CAPITALISM: Rise of Entrepreneurs | 6/25/1973 | See Source »

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