Word: upping
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Dates: during 1960-1969
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The lights are twinkling as brightly as ever in store windows this Christmas, but the cash registers so far are not jingling a very merry tune. Says Allan Johnson, head of Saks Fifth Avenue's 30 U.S. stores: "Shoppers are looking a lot more before they buy, and they...
New York City, says Fantus President Leonard Yaseen, is just no place to work. Yaseen gives it a low rating for reasons as varied as crime, air pollution, strikes, employees' attitudes toward work and operating costs. He cites high and rising city income and occupancy taxes, as well as...
U.S. officials, far from celebrating their victory, were negotiating an arrangement to prevent the free-market price from dropping below $35. They intended to do so by loosening up the U.S.-inspired boycott against South African gold. Under the boycott, central banks had bought hardly any South African gold; this...
Move Them Up Fast. He will be a contrast to his predecessor, Rudolph A.. Peterson, who has reached the mandatory retirement age of 65. Peterson is gregarious; Clausen is reserved. In conversation, Clausen uses few gestures and speaks to the point without small talk, though an occasional boyish grin...
Clausen grew up in Hamilton, Ill., where his father, a Norwegian immigrant, owned and edited the local paper. He studied law at the University of Minnesota (LL.B., '49), and got a part-time job counting cash at the Bank of America while preparing for bar exams. After he passed...