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Last week France's sixth ranking auto company, Facel-Vega, went out of business. Meanwhile, the two largest German-owned auto companies, Volkswagen and Daimler-Benz, put through a partial merger. In an agreement that foreshadows further pooling of resources, Volkswagen anted up $20 million for half interest in...

Author: /time Magazine | Title: World Business: Auto Growing Pains | 11/6/1964 | See Source »

Access to Power. Wall Street's grapevine brought word of their search to the tenth-floor corner office of Merrill Lynch's chairman, Michael W. McCarthy. He and Merrill Lynch's directors made a unique proposal to Devine's partners: Why not buy up a large...

Author: /time Magazine | Title: Wall Street: A Sweet Deal | 5/22/1964 | See Source »

Black, who is the former head of the World Bank, said he thinks President Kennedy would have anted "to see this Kennedy institute developed as a place that can help bridge the gap between business and government," and called this "a worthwhile reason for corporate giving to this project."

Author: By Hendrik Hertzberg, | Title: Kennedys, Pusey and Black Address Businessmen at JFK Library Dinner | 3/24/1964 | See Source »

To the outside eye, this chariot full of gold seems to be hauled by a troika of executives, and there is considerable uncertainty as to who is lead horse. There is handsome, coldly decisive James Aubrey, president of the CBS-TV network, who last week anted up $28.2 million for...

Author: /time Magazine | Title: Television: Mr. CBS | 1/31/1964 | See Source »

Flocking to Australia's first major auction of the works of Portraitist (and TIME Cover Artist) William Dobell, eager Sydney art lovers anted up $116,730 for 36 paintings that Dobell himself had originally peddled for a total of $1,300. Conceding that "two-or maybe five-of them...

Author: /time Magazine | Title: People: Apr. 6, 1962 | 4/6/1962 | See Source »

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