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Word: steels (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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EPEA's latest project was a feasibility study on the re-opening, under community and worker control, of the shut-down Youngstown, Ohio, steel mill. Alperovitz's analysis of the much-ballyhoed "steel crisis" last year shows that corporate greed was the core of the problem, the catalyst for throwing Youngstown out of work. Youngstown Sheet and Tube, locally-owned and highly-profitable in the '60s, was 1969's Ripe Takeover of the Year. Lykes Steamship Company, based in New Orleans and one-seventh the size of Youngstown, borrowed the buy-out capital from Wall Street and elsewhere, using Youngstown...

Author: By Tom Blanton, | Title: Hey, Good Lookin', Whatcha Got Cookin'? | 10/7/1978 | See Source »

...south, never had a chance. When the tremors began, most residents were at home, eating or enjoying the cool desert breeze that had begun to blow after torrid daytime temperatures. Once the shaking subsided, only six buildings in the town were still recognizable. Even the few newer buildings of steel-beam construction had collapsed...

Author: /time Magazine | Title: IRAN: The Town That Disappeared | 10/2/1978 | See Source »

This color coding has not worked, since it is easy for a bandit with artistic bent to repaint his model gun to give it a menacing steel blue glower. Typical was the incident last July when a real robber brandishing a fake black Colt .38 held up a real Kyoto bank van carrying checks worth 50 million in real yen. That was the equivalent of 263,158 real dollars, which are fake nowadays in Japan anyway...

Author: /time Magazine | Title: JAPAN: Disarming Idea | 10/2/1978 | See Source »

...customs service will begin collecting so-called countervailing duties on a long list of imported goods, headed by Danish canned hams and including a variety of European dairy products, such as Dutch Edam and French Camembert. Later the tariffs might be extended to many more items, including steel and perhaps some cars...

Author: /time Magazine | Title: Business: A Ticking Time Bomb in Trade | 10/2/1978 | See Source »

...development is bound to have a dampening effect on the domestic economy, especially since small companies based on new ideas tend to grow faster and create more jobs than older firms. A five-year study by the Commerce Department of six "mature" corporations (such as General Motors and Bethlehem Steel), five "innovative" companies (including Polaroid and IBM) and five "young hightechnology" firms (among them, Marion Labs and Digital Equipment) turned up some telling figures. The mature firms, which had combined annual sales of $36 billion, added only 25,000 workers during the five years; the innovative companies, with...

Author: /time Magazine | Title: Business: The Innovation Recession | 10/2/1978 | See Source »

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