Word: shared
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Dates: during 1960-1960
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...Phoenix and Tucson (pop. 182,500) reach out into the open spaces with acres of factories, airports, suburbs, housing developments and tourist havens, the open spaces give back an atmosphere that makes this a boom with a difference. Uniquely, the movers and shakers share a sense of self-sufficiency (though they live at the mercy of transcontinental railroads and highways), of well-being (though summer temperatures rise to 120° in the shade), of boundless confidence that if the desert can be turned into a thriving oasis nothing in the world is impossible (though they are still pressed...
...India's dominant Congress Party, crowed: "The people of Kerala have rejected Communism outright." But the local Congress Party leader, R. Sanker, saw no reason for anyone to be "unduly jubilant." Shut out as they were in assembly seats, the Reds actually increased their popular vote and their share (42%) of the total. In New Delhi, Prime Minister Nehru said that Kerala made him "very happy...
FORD, G.M. EARNINGS for 1959 were second highest in history for both companies (highest: 1955). General Motors had sales of $11.2 billion and earnings of $3.06 per share v. $2.22 in 1958. Ford sales were $5.4 billion; profits $8.24 per share...
...founded in 1938 with only $30,000 in capital, today has a net worth of more than $40 million, largely finances the powerful Farmers Union, which runs the propaganda machine behind the scandalous farm-subsidy program. F.U.G.T.A. pays no federal income tax. It holds 80% of its members' share of the profits until they quit farming or die. F.U.G.T.A. has not only expanded its own elevators and feed mills, but bought out privately owned, tax-paying businesses unable to compete. Since 1950, F.U.G.T.A.'s annual reports show $29 million in profits and only $9,000,000 distributed...
...advice and guidance that many struggling firms need as badly as money. His aim is to make them so Dig and fat that they no longer need him. In the process, his own company has grown big and fat: this week it announced record earnings of $2.74 a share, the twelfth consecutive yearly record...