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...under the Rapid-American Corp., which controlled McCrory Corp. whose 1,500 stores (McCrory-McLellan-Green, National Shirt, Lerner) racked up $554 million in sales in 1962. By then he was vastly overextended. When grandly predicted earnings failed to materialize, McCrory's stock tumbled and Riklis' entire colossus seemed headed for collapse. "God," wailed Riklis at one point, "has added to our agonies...

Author: /time Magazine | Title: Business: I Am a Conglomerate | 4/5/1968 | See Source »

...PAUL TAYLOR, 38, is a tall, block-shouldered Tuned-in from Pittsburgh who spans the gap between classical and modern like a colossus. He had his fling at the far-out, once stood stark still onstage for four minutes (Dance Observer responded by running a review that consisted of four inches of blank space). But today he also has a bit of Mr. B. in his,bonnet. Aureole is a freshly pressed version of a washed-out, frilly "white ballet," in which his dancers interweave flurries of mincing steps with great swooping glides without a seam showing. In Orbs...

Author: /time Magazine | Title: Dance: The Great Leap Forward | 3/15/1968 | See Source »

...Chairman-President Harold Geneen, who had hoped to fashion the two firms into a $2.5 billion telecommunications colossus, the decision was largely a matter of money. Announced in December 1965, the merger has been held up by Justice Department antitrust litigation after being twice approved by the Federal Communications Commission. During the delay, a sharp increase in ITT's stock sent its purchase price for ABC soaring...

Author: /time Magazine | Title: Mergers: Canceled Show | 1/12/1968 | See Source »

...University of Maryland. Since the assistant secretary general and the secretary for economic and social affairs of the OAS--the number two and three posts--traditionally go to Americans, many Latins are hesitant about giving their approval to a man whom they consider irreparably tainted by the colossus of the north...

Author: By Thomas B. Reston, | Title: OAS Power Struggle | 12/7/1967 | See Source »

Ahmanson today would scarcely win prizes for modesty, but his career in vests that paternal judgment with more truth than braggadocio. Starting with a 1925 stake of $20,000 in cash and securities, he has assembled a financial colossus of savings and loan associations, fire and title insurance, banking and investment companies. By conservative estimate, Ahmanson, 61, is worth more than $300 million...

Author: /time Magazine | Title: Entrepreneurs: Emperor in Private | 11/10/1967 | See Source »

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