Word: ax
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...charge now is James R. Tolbert III, a strapping (6 ft.) former football player who lights his pipe with a chrome-plate cigarette lighter engraved "June 26, 1972"-the day Four Seasons emerged from bankruptcy after two years of ax wielding. Tolbert fired many employees, slashing the ranks at the Oklahoma headquarters from 500 to 26. Unprofitable nursing centers were closed and sold off, and acquisitions were made in new fields: aluminum and packaging. During its most recent fiscal year the company earned $2.8 million on sales of $75 million. The Four Seasons name lives on, as a subsidiary...
...newscasters journalists or entertainers? The denizens of the print world, squinting over their reconditioned typewriters at the six-figure (and lately even seven-figure) superstars of TV news, are not the most impartial judges of the subject. Let a member of the judiciary, with no ax to grind, review the question...
...Ax Man. Stanton should know. The first of Paley's presumed corporate heirs, he joined CBS in 1935, became president in 1946, and always expected to take over when the chairman reached retirement age of 65. But when that date finally arrived in 1966, Paley announced that he would not step down after all; it was Stanton who retired at 65. His successor was Charles T. Ireland, a financial expert hired away from International Telephone & Telegraph in 1971 to guide an ambitious acquisitions program. When Ireland died of a heart attack the next year, another outsider with financial savvy...
Taylor once remarked that "people either like me or they don't." Many did not. Wielding a corporate ax as probably only an outsider could, he consolidated some unprofitable operations, sold off others (including the then losing New York Yankees), and imposed rigid cost controls, all of which trimmed a case of middle-age corporate spread at CBS and led the company to 17 straight quarters of high profit. But some executives bridled at what they considered Taylor's arrogance, which apparently grew as quickly as the company's earnings. It is said that Taylor once stormed...
...drones a glassy-eyed Mary Hartman from the Fernwood Receiving Hospital's mental ward. Who could blame her? As a pig-tailed Fernwood housewife on television's most talked-about series last season, Mary's doorstep had been darkened by adultery, impotence, venereal disease and an ax murderer, not to mention waxy buildup on her kitchen floor. No wonder Mary went bonkers on the show's closing episode. So what is next for poor Mary and her loopy friends in the new season that premiered last week?* It does not sound therapeutic...