Word: a-year
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Nobody at the losing conglomerate lost quite so much as Chairman Howard A. Newman, 48, who last week flew to Barbados for a rest after abruptly resigning his $175,000-a-year job. Newman had joined energetic President Ben Heineman at Northwest 20 months ago, when Heineman acquired Philadelphia & Reading Corp., a Pennsylvania holding company. Over the past decade, Newman and his father had built P. & R. from a languid coal concern to what Newman calls "one helluva property" in underwear, cowboy boots and steel as well as coal. After the acquisition, Newman kept his office in New York, where...
...During World War II, she married Clyde Jennings, but the marriage ended in divorce, as did Mitchell's first marriage. Martha and John met on a weekend in New York in the early '50s and were married several months later. While Mitchell was a $250,000-a-year Manhattan attorney, they lived in Rye, N.Y. Now they are ensconced in a $140,000 duplex in Washington's fashionable Watergate apartments...
...small band of commentators and self-appointed analysts" (Agnew's words) shape the presentation of the news each evening? As in any business, their rise depends on intelligence, talent and merit. But TV is not just business; it is show business. Top commentators are in the $200,000-a-year bracket because they draw audiences. Thus, even though Agnew calls them "unelected," TV newscasters and commentators are more elected than any other newsmen in America. Every night the viewer votes with his channel selector; the Nielsen rating company tabulates the results. Just now, CBS's Walter Cronkite...
...Austin campus as the University Tower. Texas alumni and undergraduates are easy to please; so long as the Longhorns win, they are as content as well-fed dogies. The faculty might well resent Royal's status as full professor (of nothing), with tenure and a $35,000-a-year salary; Royal soothes them by inviting three professors each week to become honorary coaches and sit in on pre-game briefings...
...a-year associate law professor at Boston College began looking last March for a $30,000 four-bedroom house within walking distance of his job and in a neighborhood with reasonably good schools. He and his wife are still looking-even though they have raised their limit to $40,000. "We're in a bind," says the professor, who now pays $275 a month for a six-room apartment three miles from his work. "We cannot find a decent house, and we cannot afford to stay in an apartment...