Word: tooke
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Dates: during 1970-1979
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...Saudi shocker, and it could not have come at a more anxious moment. Four days before the 13 member nations of the Organization of Petroleum Exporting Countries were to sit down in Caracas for their fourth price-raising session in a year, the cartel's biggest producer took preventive action. In a surprise announcement that whipped the money markets into a frenzy and sent gold leaping to yet another alltime high of $462 per oz., the desert kingdom of the House of Saud, long regarded as the quintessential OPEC moderate, announced one of the biggest increases in the cartel...
...nine months after the new employee-owned company, Republic Hose Manufacturing Corp., took over the one-story plant, productivity is up 40%, and the rate of rejected products has dropped from 8% to 1%. The firm, which today employs 130, estimates that for its first complete fiscal year it will earn a pretax profit of up to $600,000 on revenues of $7 million; that is less than the approximately $12 million in revenues of Aeroquip's final year but at least double the new owners' initial projections...
Aeroquip sold the plant because, of ficials said, it was too costly to run. By installing two new boilers, Broadwater trimmed utility bills 80%, to $200,000 annually. Other changes were more painful. The number of salaried employees was reduced to 16 from 50, and the top six managers took a combined pay cut of $71,000 a year. With union support, Broadwater dropped hourly wages to a flat $5, from as much as $6.50. Paid holidays fell to eight from twelve. Vacations, which had averaged five to six weeks annually, were reduced and dropped altogether for the first year...
...flipped into action again, knifing his inverted body through a double "German" giant swing, arching his back into another handstand, twirling, spinning. Finally, tucking his knees into his chest, Thomas whipped into his dismount: a double somersault with a half-twist on each revolution. If he faltered on landing, took one steadying step, he would lose. He landed solidly and the gold medal was his. The judges' 9.90 merely confirmed the crowd's shout of delight: America's male gymnasts had arrived...
...final major meet before next July's Olympic Games in Moscow, U.S. men won three gold medals, three silvers and a bronze in individual events. At the last world championships in 1978, the U.S. took just one men's event -Thomas in the floor exercises. This time, Thomas won two gold medals and two silvers, and came within .275 of a point, after 18 events, of beating the Soviets' Alexander Ditiatin for the coveted all-around title. Amer ica's Bart Conner won a gold on the parallel bars and a bronze on the vault. What...