Word: travelling
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Dates: during 1970-1979
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After five more hours on the road--we had split up to travel faster--I began to look forward to this gathering immensely, so when I got to Roseburg, Oregon (where you turn east into the Umpqa National Forest to get to White Horse Meadow, my destination) I began to look forward to food, a good sleep, some music and comfort. Roseburg was crawling with hitchhikers, all heading where I was, to this great Sixties type rock concert. Woodstock, here I come. A VW van slowed down, picked me up, and then took another hitcher, and another, and we headed...
...prostitution triangle, often go untouched. Convicting them is difficult because prostitutes are frequently afraid to testify against them. The Manhattan district attorney's office will use most of $200,000 it just received from the state for combating pimps to change the prostitutes' minds and lives with protection and "travel home" money...
Split billing. In the high-spending travel-and-entertainment card field, Diner's Club is introducing the "Double-Card." A subscriber gets two cards: one for personal use, another for business expenses. The monthly bill separately lists the items charged on each. Through Double-Card, Diner's (3.2 million cardholders) hopes to close in on American Express (9 million...
Outwardly, American Express shows no sign of concern about the increased competition ahead. Louis Gerstner, head of the company's card division, says he is "respectful" of some of his rivals, especially Diner's Club, but is skeptical about the bank cards that want to add traveler's checks. The business, he says, "may look simple, but it is very, very complex, requiring significant economies of scale and control that take years to develop." Yet many industry analysts believe American Express is facing some tough problems: while there is less and less room for it to grow...
...competition will further blur the marketing lines between the older travel-and-entertainment cards like American Express, which grew up specializing in hotels, airlines, rental cars and restaurants, and the bank cards that originally focused on local retail purchases. Citicorp and other big banks that have been moving into cards and checks on a nationwide scale argue that they have been forced to do so in self-defense, claiming they have lost a lot of consumer credit business since World War II to other loan suppliers, including not only the card firms but department-store charge accounts and the auto...