Word: multimillion
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...first good news this year for Schuyler Chapin, general manager of New York's Metropolitan Opera. After recently accepting the resignation of Music Director Rafael Kubelik and trimming the length of future seasons, Chapin got some assistance last week on his worst problem: a multimillion-dollar operating deficit. The National Endowment for the Arts came through with a lifesaving transfusion of $1 million for general support, which must be matched by private contributions. This is the first time that the Met, the premier American grand opera house, has received a sizable federal grant, though public subsidies are routine...
...U.C.L.A. has lost just twice in three years of Walton's varsity play; it has won two N.C.A.A. championships and a third is expected next month. Walton himself has a personal won-lost record of 148-2 (reaching back to his junior year in high school), and several multimillion-dollar offers to turn pro after his junior year. Even for Coach John Wooden, who has made winning as common as Los Angeles smog, the Walton era has been sui generis...
...Perot has been sued by Nella A. Walston, widow of the founder and a major holder of Walston stock. She charged that Perot and his partners seized control of the firm in order to use its capital to cut their multimillion-dollar losses in duPont Glore Forgan. into which they had poured at least $65 million. She asked the court to declare the semimerger null and void and to put both Walston and duPont Glore Forgan into receivership...
...Europe, the new oil prices could add 3% or so to an already spiraling rate of inflation. In the U.S., the Government estimates that they will add one or two cents a gallon to the average pump price of gasoline. The higher prices will also create multimillion-dollar deficits in European trade balances, possibly upsetting the precarious currency alignments that have recently begun to bring a degree of stability to the international monetary scene. In the U.S., Europe and Japan, economic slowdowns and unemployment increases will be less drastic than they would have been if the Arabs had really made...
John J. Burke and Joseph M. Segel have been running multimillion-dollar businesses, but they run them no more. Burke, 50, spent last week with his family, skiing on their favorite mountain, Ajax, at Aspen, Colo. Three weeks ago he resigned unexpectedly as president and chief executive of Automation Industries Inc., after "a difference in philosophy" with the company's founder-chairman. Segel, 42, prepared to leave the Franklin Mint, the world's largest producer of coins and medals for collectors, which he founded. He retires this week as chairman, five years after he voluntarily began easing...