Airlines May Be Forced to Cut Fares
The Department of Transportation urged the Civil Aeronautics Board to cut fares to curb excess capacity and push airlines to reduce flights. A 20 to 28 percent fare cut could boost demand and profits while lowering noise, congestion, and fuel use. The plan aims to match capacity to demand and improve public and environmental outcomes.
MENTIONED IN THIS ARTICLE
Washington
Department of Transportation
Civil Aeronautics Board
Department
Air Transport Association
Justice Department
Transportation Department
New York
Los Angeles
Nixon Faces Major Conflict Over Federal Spending
Washington AP reports looming battles between Congress and the White House over domestic spending. Nixon presses to cut major programs while veto threats loom against appropriations bills, with impoundment disputes and pending House and Senate actions shaping the budget showdown.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
White House
Senate
House
Department of Labor
Health, Education and Welfare
Office of Economic Opportunity
House Rules Committee
FTC moves against Liggett & Myers dogfood line
The FTC issued a notice of intent to file a complaint against Liggett & Myers seeking divestiture of Perk Foods makers of Vets and Perk dog foods. L M already owns Allen Products and Alpa dog foods after acquiring Perk in 1969. The agency noted rising industry concentration with mergers from 1964 to 1970 and the four largest firms controlling about one percent of sales in 1969.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Trade Commission
FTC
FIC
Liggett & Myers, Inc
Tobacco Company
Perk Foods Inc
Perk
Liggett & Myers
Allen Products Co
Alpa
Also Mentioned on This Page
Dot
United Nations
Horst Grunert
German Democratic Republic
Walter Gehlhoff
Federal Republic of Germany
U.N
Dogfood
Neptune
N.J
Lester Zygmanik
Englishtown
George
Summer
Penneys
Jamaica
Jcpenney
Mecreless City
Terrell Plaza
Northwest Center
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