Word: boss
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Dates: during 1960-1969
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...most architecturally visionary of the new towns. In a corporate reshuffle, Gulf Oil Corp. took control of the financially ailing project, kicked Simon upstairs from president and chief executive officer to a consulting role as chairman of a newly formed subsidiary, Gulf-Reston Inc. As the new boss, the oil company named Robert H. Ryan, a Pittsburgh realty consultant and onetime vice president of Boston-based Cabot, Cabot & Forbes, itself the developer of the floundering new town of Laguna Niguel between Los Angeles and San Diego...
...vast experiments with profits, market pricing, bonuses and other incentives. Marx has, if anything, become something of an embarrassment. Last week the only Marxists who took much public note of Das Kapital's anniversary were the East Germans-perhaps because Marx was a German. East German Party Boss Walter Ulbricht spoke at a symposium on Marx to explain why his regime has adopted the use of profits. He argued that profits are something different when they "increase social wealth" and go to a government that owns the means of production rather than to a few capitalists. But no matter...
...drifted along under the shaky but cantankerous leadership of John Diefenbaker, 72, the suspicious Westerner who has been trying to blot out modern life with interminable reflections on the pure, brave simplicities of his youth. At long last, after a seven-month battle, Dief decided to quit as Conservative boss, but not without making a final spectacle of himself, first by running for the leadership, which hardly anybody wanted, then by giving up after the third ballot and backing a candidate who was rejected by the Conservative Convention in favor of Stanfield...
Died. Rupert Edward Cecil Guinness, Earl of Iveagh, 93, fifth-generation boss of Guinness Stout, world's second largest brewer (just after Anheuser-Busch), who took over Ireland's largest private employer in 1927, plunged into export trade, saturating British pubgoers with "My Goodness, My Guinness" billboards, and before retiring in 1962 made it the world's largest beer exporter; in Woking, England...
...acquisition, the Sands Hotel. Drowning his sorrow after his casino credit was cut off at a mere $200,000, Sinatra 1) tried unsuccessfully to set fire to his suite, 2) jerked all the telephone jacks and trunk lines out of the hotel's switchboard, 3) promised a pit boss that "I'm gonna break both your legs," 4) overturned a table on the casino's credit manager who, in return, threw a punch that separated Frank from the caps on his two front teeth, and 5) announced that he was ending his 16-year association with...