Word: corp
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Dates: during 1960-1969
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Wandering Mind. Those solutions work well, but not quite well enough for today's high-power equipment. At Sandia Corp. in Albuquerque, Physicist Richard L. Davis was busy trying to devise improvements. One day he let his mind wander and remembered an old mathematical parlor trick, the Möbius loop. * Math suddenly merged with electronics, and Davis had what he was searching for: the design of a noninductive Möbius resistor...
...unborn children. But how to study a developing fetus in utero reacting to drugs passed through its mother's bloodstream? Last week such research was given a hopeful boost when the National Institute of Child Health and Human Development awarded a $48,500 contract to the Marquardt Corp., of Van Nuys, Calif., to probe the effects of drugs on embryonic opossums...
Last week Sindona met with representatives of the U.S. General Foods Corp. to make plans for a joint venture in Sicily, did his homework for a similar planning session this week with Britain's Hambros Bank, and between times grabbed a telephone in his art-adorned office to hold Italian, French or limping English conversations with aides and agents on either side of the Atlantic. He has been on the telephone a lot lately. Last year he made news by swimming against the flood of U.S. acquisitions in Europe to buy, with two partners, a 20% controlling interest...
...only for the nation's radio manufacturers, but also for its 3,000 station owners, whose investments are increasing in value faster than the blue chips. Last week, in one of the largest deals in the industry's 44-year history, Manhattan's Capital Cities Broadcasting Corp. paid $15 million to Detroit's Goodwill Stations for WJR Radio in Detroit (current value: $8,000,000) and WSAZ Radio-TV in Charleston-Huntington, W. Va. (value...
...jowly gentleman who moved up to chairman when Founder Rank retired two years ago, Rank's most spectacular sideline has been its entry into Xerox duplicating equipment. Searching for profitable ventures after the diversification decision, Davis in 1956 agreed to bankroll the U.S.'s struggling Xerox Corp. (then called Haloid Co.) in return for rights to make and market its duplicating machines outside the Western Hemisphere. Xerox, of course, has been a huge success. Result: Rank Xerox last year accounted for a third of the Organisation's profits. The company this year expects to distribute...