Supreme Court Blocks P G and Clorox Merger
The Supreme Court rules against Procter and Gamble's planned purchase of Clorox Chemical Co, stating the 70 decision violates the Clayton Antitrust Act. Justice Douglas notes the deal would reduce competition, raise entry barriers, and likely make the liquid bleach market more oligopolistic and price rigid.
MENTIONED IN THIS ARTICLE
Washington
Procter & Gamble
Clorox Chemical Co
William C. Douglas
Douglas
Clorox
Procter
U S Jobless Rate Steady in March Despite Teen Declines
The Labor Department reports the national unemployment rate at 3.6 percent in March, with payroll declines in manufacturing and retail and a large drop in teenage joblessness offsetting gains. Commissioner Ross says activity has leveled off but no recession is seen, and the labor force has adjusted to employment changes.
MENTIONED IN THIS ARTICLE
Labor Department
Arthur M. Ross
Labor Statistics
Niews
Ross
U S POWs Meet Western Visitors in Hanoi
North Vietnam allowed two more U S prisoners to meet Western visitors and report humane treatment. Maj Bomar of San Antonio used a low bow on crutches while another inmate, unnamed, criticized the Johnson administration. Visitors included Jean Michel Krivine and Prof John B Neilands. The meeting occurred in Hanoi on March 16.
MENTIONED IN THIS ARTICLE
New York
North Vietnam
U.S
New York Times
Bertrand Russell Peace Foundation
The
Times
Maj
Jack Williamson Bomar
San Antonio
Tex
Johnson
Jean-Michel Krivine
Paris
John B. Neilands
University of California
Obedient Boy Sets Fire To Family Car In England
Four year old Bruce Rambaldini burned his father’s 1958 sedan after overhearing talk of getting rid of the family car. His mother said she did not punish him, believing the boy acted to help his father. The father was away on a business trip when the blaze broke out.
MENTIONED IN THIS ARTICLE
Queniborough
England
Bruce Rambaldini
Bruce
John Rambaldini
Also Mentioned on This Page
Supreme Court
P&g-Clorox
Eckrich
Turkey
Salisbury EA
OLD South Orange Juice
Washington State
Florida
del Monte
Drin Kinenepie
Nancy Martin
Texas
Sucher
Miami Valley
Morrell
Vienna
BLU Bonnet
Bartel’s Shoes
N. Viets
Dillman
Central Ave
Dillman’s
Radio
Firebird
Ier
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