Word: business
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...social reckoning, particularly in Atlanta. While other major Southern cities were witnessing the spectacle of defiance, in Atlanta a coalition of black and white businessmen, politicians, editors and civic leaders gathered behind then-Mayor Ivan Allen Jr. to shape a different image for the capital: "The city too busy to hate." Dr. Vivian Henderson, president of Clark College, feels not too much should be made of Atlanta's motives: "Self-enlightenment is not the takeoff point. The most potent factor has been the national policies that forced the South to change its ways of doing business?the court orders...
...society as heterogeneous and individualistic as the U.S. probably cannot rally most of its people behind a national economic goal in the Japanese sense. But Japan has shown that busi ness and government do not have to consider each other as adversaries, as they often do in the U.S. Though the U.S. certainly should not cartelize its industry Japanese-style, Japan's success might stimulate some thinking in Washington as to whether the antitrust laws should be liberalized to promote the nation's competitiveness in world markets...
...millionaire chief of what was once the nation's fastest-growing conglomerate, Ling-Temco-Vought Inc. In LTV's recently issued report for 1969, Ling declared: "Major negative perturbations in the overall economy have their in escapable effect on operational results of certain companies engaged in busi nesses which are directly affected...
This feeling, together with the belief that Carswell was less controversial than Haynsworth and had none of the busi ness entanglements that defeated the first nominee, made the Administration coolly confident that it would win when Carswell's name was put forward on Jan. 19. Indeed, such key Republican Senators as Minority Leader Scott and Whip Robert Griffin, both of whom had turned against Nixon to oppose Haynsworth, were dutifully backing Carswell. The hard-core opponents waged mainly a delaying action, waiting to see if an arguable case against him would develop...
...almost embarrassing proportions for Wall Street during the bull markets of the past couple of years. As stock prices climbed and trading volume rose to unprecedented heights, brokerage commissions swelled to $5 billion a year, and six-figure in comes became commonplace among customers' men. Now the securities busi ness is mired in a painful recession. Caught between sharply rising costs and a sluggish volume of trading in the ner vous market, brokerage houses have closed scores of branch offices, laid off hundreds of workers and rushed into mergers to fight a flood...