Word: corp
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Dates: during 1960-1969
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...industry-by announcing that Delta had ordered 15 Douglas DC-g short-range jetliners and had an option for 15 more. Delta thus became the world's first airline to order the $3,000,000 twin-engine plane that Douglas Aircraft will build to compete with British Aircraft Corp.'s One-Eleven, a short-range jetliner that will fly this summer. First DC-g deliveries will...
Henry J. Kaiser, 80, and his son Edgar, 54, have entered into a unique agreement with the Steelworkers union, believing that the best way to keep labor costs reasonable is to peg them to production costs. Last week Kaiser Steel Corp. released the first results of its radical new bonus plan, under which workers divvy up 32.5% of whatever the company saves by cutting costs or increasing productivity. To 3,930 employees went bonuses averaging $79 each for March, when the company was able to save $962,000 against expenses in 1961, the base year. Bonuses ranged from...
...nation's grocery shelves were carefully searched last week for cans imprinted with the telltale code WY2 and WY3-They contained tuna fish packed by San Francisco's Washington Packing Corp.-and they were the worst news the $277 million tuna industry has ever had. When two Detroit women died from food poisoning after eating a bad can of A. & P. tuna packed by Washington, health authorities across the U.S. began searching out other cans of Washington tuna marketed under various brand names. New York officials discovered bad tuna sold under a Dagim Tahorim kosher label, sent inspectors...
...batteries to $20 million; the industry expects its sales to be $200 million within a decade, considers the rechargeable battery its equivalent of the electronics industry's transistor. "Now man is fettered by a cord," says Research Engineer Frank Kamen of Chicago's toolmaking Skil Corp. "We want to release his bonds...
...runaway success of transistor radios showed the U.S. consumer's fascination with what is simple and portable, and attracted U.S. industry to the virtues of the nickel-cadmiums. Skil Corp. and Black & Decker sell cordless electric hand drills, hedge trimmers, grass clippers and other tools that are powered by a small nickel-cadmium power pack built into the tool or strapped to the user's belt. Remington, Schick and Norelco have battery-run shavers. Sunbeam has a cordless shaver and kitchen mixer, General Electric a toothbrush, Fairchild a home movie camera. Nickel-cadmiums also power a growing variety...