Word: investment
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Dates: during 1950-1959
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...request for $3.9 billion in foreign-aid funds, $500 million more than the budget-slashing Congress voted last year. Two-thirds of the total is tagged for military aid and defense support, one-third for economic aid. Along with his request for "the smallest amount we may wisely invest in mutual security," the President sent a strongly worded message defending...
...mood last week as the Dallas hardware dealer's friend. With relatives and neighbors out of work, and reports of new layoffs on the front pages, confidence in the economy's health was still ebbing, and the ebb brought an increasing reluctance to buy and invest...
...plan to the New Orleans Federal District Court and another four years to comply, has three choices. It can: 1) create a subsidiary, transfer assets to it, then distribute the stock to United stockholders; or 2) sell a partial interest in the subsidiary to a buyer willing to invest at least $1,000,000 and distribute the rest of the subsidiary to United stockholders; or 3) sell outright enough assets for a purchaser to import the required 9,000,000 stems a year. United may not hold an interest in the purchaser, nor may Standard Fruit & Steamship, its major rival...
TOLL TV TEST is arousing little interest. Only one firm, Philadelphia Broadcasting Co., has applied to FCC to try system, and deadline for bids is March 1. FCC Chairman Doerfer says that single test is not enough, and pay TV may never get started unless businessmen are willing to invest more...
Monopoly on Brains. Under the leadership of this seasoned team. General Dynamics is heavily betting on research-or what Dr. Krafft Ehricke, Convair's astronautics expert, calls "wandering in the tomorrows"-to put it on top of the new atomic-space age. This year the company will invest $15 million in research into everything from desalting of sea water to astronautics. Though it can hope for no profit for years, it has sunk $15 million into its General Atomic Division for basic research rather than have it manufacture reactors that may soon be obsolete, thus hopes to develop better...