Word: turnoveritis
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Even before the strike started in Italy's two biggest exchanges, Milan and Turin, it was evident that the new law might do more harm than good. Turnover on the Milan exchange, fifth most important in the world (after New York, London, Paris, Zürich), had shrunk from...
¶ Forced as never before to compete with industry for technicians and unskilled labor, the nation's top general hospitals have more than doubled wages, cut four hours off the work week (to 40 hours). While industry is cutting manpower needs per job with automation, new medical techniques have...
Less romantic than cosmic rays is the problem of food and air for space voyagers, but Dr. Nello Pace of the University of California considers the problem no less interesting. A normal man has a water turnover of about 5 Ibs. a day. Since the spaceship must conserve every possible...
Then he went to the heart of the matter. The industry had achieved these profits by deliberately maintaining its mills at only 65% of capacity. "Just what has this policy of high profits and a small turnover cost the whole industry?" demanded Pardoe, and answered his own question: it has...
As could be expected, such capital growth called for heavy investment. Canada's busiest stock market, the Toronto Exchange, doubled its turnover of shares and share values during the year. About 85% of all the new investment was made by Canadians themselves, but foreign capital continued to flow into...