Word: bonanzas
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Dates: during 1970-1979
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...hazards, the chances of reaping a bonanza remain tempting, especially if the Government eases the way to profits. The Russian wheat deal was made possible by the Government drive to increase U.S.-U.S.S.R. trade, and Government subsidies helped
...reasons for Dowd's bonanza -and for an increasing number of other executive-size paychecks collected by construction unionists-are work rules that force employers to shell out huge sums in overtime pay. Annual wages of $20,000 to $40,000 for construction workers are not uncommon, particularly in and around New York City. Dowd, as a kind of union straw boss called a "master mechanic," must be kept on the job at the World Trade Center whenever three or more operating engineers are on duty. Since operating engineers run the center's nighttime machinery, as well...
Nearly all industries are enjoying an earnings bonanza, which suggests that it is based on a solid, sustained expansion of the whole economy. Profits were up in 27 of the 32 industries in Citi-Bank's study, and the list of companies that have reported an after-tax earnings gain of 20% or more in the second quarter is impressive-General Motors, Ford, IBM, Sperry Rand, DuPont, Union Carbide, Caterpillar Tractor, International Paper, B F. Goodrich, Eastman Kodak and Zenith. Small firms in the same fields are often doing even better, according to Michael K. Evans, president of Philadelphia...
...good many years, I was in an economic situation in which Senator McGovern's "redistribute the wealth" policies would have been a blessing if not a bonanza. Now I have managed to climb slightly above his $12,000 level, but it is hard for me to believe that it is my "wealth" he wants to redistribute...
Died. Dan Blocker, 43, Hoss Cartwright on TV's Bonanza series for 14 years; of a blood clot in the lung following surgery; in Inglewood, Calif. A former high school teacher, Blocker spent two knockabout years in Hollywood before getting a regular job as the Cartwright family's oversized middle son. The show became one of TV's most successful horse operas (400 million viewers in 84 countries) and made Blocker a millionaire...