Word: competitors
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Dates: during 1960-1969
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Another nonagenarian merchant finally called it a career last week. One week after his acquaintance and competitor Sebastian Spering Kresge retired at 98 as chairman of S. S. Kresge Co. (TIME, July 1), William Thomas Grant celebrated his 90th birthday by announcing that he was relinquishing the titles of chairman and director of the W. T. Grant...
Bombed with Beer. Préfontaines, with annual sales of 52 million gal. worth $51 million, controls just 4% of the French market, but that is more than any competitor has. And only Préfontaines has Marc Henrion, 39, a Harvard Business School graduate, as director-general. At Harvard he distinguished himself by bombing the Baker Library with empty beer cans as he flew over it in his old Fairchild. Harvard grounded him but graduated him too ('50), and the next year he had a chance to apply his learning when André Dubonnet, of the company that...
...Bigger Competitor. Lockheed's rival in the competition is Boeing Co., which has not won a major military plane or missile award since 1958. Boeing is betting on a swing-wing model whose wings tuck back at high speed and open out for landings. Called the Boeing SST 733, it could achieve the same speed and stratospheric altitude as Lockheed's 2000. Boeing is building a mockup, plans to display it around September. The plane has just undergone major modifications, making it heavier (300 tons v. Lockheed's 250 tons), longer...
...labors, the party offered Javits the nomination for Congress in the 21st District, an exceptionally HIerate, sophisticated?and Democratic?area which had attracted so many German-Jewish refugees from Hitler that part of it was nicknamed "the Fourth Reich." Espousing a resoundingly liberal line, Javits upset his closest competitor 46,897 to 40,652 in a three-way race...
Coal's newest competitor is natural gas, which lately has been discovered in much greater quantities than anyone had expected. Dutch gas resources have proved to be the world's second richest (after the U.S.'s), and in Britain, there have been five major strikes in the North Sea and Yorkshire since last fall. A consortium of the British government's Gas Council and three U.S.owned companies reported last week that a newly found well yields 25 million cu. ft. of gas daily, double the group's earlier claims...