Word: majoring
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Dates: during 1970-1979
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...battle is refreshingly straightforward. No ideological clash is involved, just a personal power struggle waged with the vim and verve for which Chicago politics is justly celebrated. Ever since Byrne, 45, defeated Mayor Michael Bilandic in a major upset in last February's primary, she has tried to wrest complete control of the machine from the old guard. She knew how. When Mayor Daley was faced with a rebellious politician, Byrne's in stincts were: "Why don't you cut him up a little bit?" Lately she has been slashing so ferociously at errant machine members that...
Roderick was openly pressuring the United Steelworkers (U.S.W.), whose contract expires next August, to moderate wage demands and become more productive. The domestic industry still leads its major foreign competitors in productivity. In fact, it is doing considerably better than European rivals, who also suffer from aged plants and surging costs. But the Japanese are rapidly gaining in the productivity race. They earn less but produce almost as much steel per worker as their American competitors. Over the past decade, productivity growth in the domestic industry has declined from 3% a year to 2%, while wages and benefits have risen...
...committee instead wrote and approved a much tougher bill. It offers Chrysler federal guarantees of $1.25 billion and demands, as a firm precondition, major concessions from all who stand to benefit from the company. It also seeks the creation of an employee stock ownership plan, which some Senators are promoting as a way to give workers a stake in their firms and share in profit growth. But, following Inflation Fighter Alfred Kahn's earlier attack on the "outrageous" United Auto Workers' wage settlement with Chrysler, the committee's most contentious call was for a three-year wage...
Welcome to booming Alberta, the Texas-size province that contains roughly 85% of Canada's proven oil and gas reserves, half of its coal, some major untapped hydropower sites, and vast, oil-bearing tar sands...
...despite the presence of some 60,000 Americans in the area, the largest ethnic group is German. This is Canada's fastest growing large city. In the past five years, 20 foreign banks have opened offices in Calgary, and last June the Bank of Montreal became the first major Canadian bank to move its chairman, Fred H. McNeil, to Alberta. Says he in his Calgary office: "The time of the West has come...