Word: steels
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Dates: during 1970-1979
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...becoming rich are the stock market players: Resorts International's stock soared from $20 a share in March to a recent high of $96½. The company has invested some of its new capital by purchasing the Seeburg line of slot machines and Atlantic City's famed Steel Pier. The shares of two other firms that plan to open casinos in Atlantic City are also rising fast: Bally Manufacturing Co., which makes slot and pinball machines, from a low earlier this year of $15 to $38 last week, and Caesars World, from a low of $6 earlier this...
...with Albania's longtime enemy, Yugoslavia. Instead of attempting to patch up the quarrel, Peking apparently decided it was time to end the Albanian drain on China's resources-more than $4 billion since 1954. According to the official Chinese news agency, Peking had been showering grain, steel, tractors and trucks on the ungrateful Albanians when China could not spare them. "The Chinese people scrimped on food and clothing and tried their best to aid Albania in the spirit of proletarian internationalism," the agency complained...
...endorsement carried particular weight because the federal agency, which only last week announced that it was urging Firestone Tire and Rubber Co. to recall 15 million of its steel-belted 500 radial tires for safety defects, is headed by Joan Claybrook, an avid consumerist who for four years directed Ralph Nader's Congress Watch group in Washington. Said Claybrook: "Our conclusion is that the Omni/Horizon has very good handling characteristics very similar to many other small cars...
...strangely squishy, popping sound. "It was sort of like a baseball bat hitting a rotten stump," he recalls. The bulkhead below the 600-kw generator bulged from hydrostatic pressure and quietly let go. MacArthur (who owns the mill) turned, horrified, to see 100 tons of concrete, studded with steel reinforcing rods, tossed lightly into the springtime air as thousands of gallons of water poured back into the river with the agonizing casualness of all spilled energy...
...first regulatory battle, over a proposal by the Occupational Safety and Health Administration to lower the level of cotton dust in mills?a proposal Carter's economic advisers considered too costly?the President gave in to the regulators. The Administration has won a few mostly symbolic pledges from some steel, aluminum-and automakers to limit price rises and executive salary increases. More dangerously, labor has refused to promise wage restraint. Meany calls Bosworth, a prune pleader for a wage hold-down, "that skinny redheaded...