Word: trom
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Dates: during 1960-1969
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Grim Days Ahead. Florentines attacked the government for delays in relief. "How is it possible to move this mass of liquid and mud with shovels?" complained Mayor Piero Bargellini. "We need earth movers, bulldozers, trucks." In the Italian Parliament, Premier Aldo Moro was jeered-mostly trom the Communist benches-when he rose to speak. The government appropriated $320 million for emergency aid, raising the gasoline tax 6.4? per gallon...
...earlier days, a corporation was expected to stick to what it knew best. But stringent antitrust laws now discourage fast-growing companies trom mergers with companies too close to their own fields. Result: many companies are forced to move into an entirely different line in an effort to increase their profit margins. Once :hey have made such a move, they find it even easier to continue diversiying. Providence's Textron, caught in the ailing textile industry, has set a record since 1955 of 29 mergers into such fields as electronics, automotive parts, aluminum products and optical equipment. Textiles, once...