Word: corp
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Dates: during 1960-1969
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...January began inciting peasants to occupy privately owned plantations. Last month Brizola stirred an international storm (and sorely embarrassed Goulart, who is to visit the U.S. next month to ask for $589,200,000 in Alliance for Progress aid) with his seizure of the International Telephone & Telegraph Corp. subsidiary in his state. Cynically, Brizola is offering I.T. & T. a ridiculously low $470,937; the company says its holdings are worth $6,000,000 to $8,000,000. Although Goulart tried to persuade Brizola to negotiate a settlement, Brizola balked, left the dispute to languish in the courts, and then added...
Feature of the well-appointed hotel room is closed-circuit television. At Manhattan's Statler Hilton, guests jaded with westerns and private-eye shows can now watch Telad Corp.'s repeating half-hour program on what to buy, do and see in New York; this week and next, Telad will open shop on Channel 6 (normally a blank on the dial) in two other New York hotels. A rival outfit, Teleguide, will start broadcasting via its own coaxial cable to some 12,000 rooms at a dozen Manhattan hostelries this week. Its basic one-hour program will include...
Among major U.S. corporations, only Pennsylvania's Hershey Chocolate Corp. still does no national advertising, has no publicity man, and turns out just about what it did when Woodrow Wilson was President. All Hershey makes is chocolate bars, kisses, syrups, powders-and money. Because the great American sweet tooth seems unaffected by economic headaches, Hershey is apparently recession-proof. Last year it increased sales 4% to $177 million and rang up whopping pretax profits of $41 million. Three weeks ago, when Hershey unwrapped plans for a 5-for-1 stock split, its shares jumped 14 points...
Just as it dominates the U.S. chocolate market, the Hershey Corp.-and the ever-present sweet scent of its products-dominates the town of Hershey, in the undulating Pennsylvania Dutch country. Town and company alike were confected by patriarchal Milton S. Hershey, an ambitious farmboy who learned to make taffies that he called "French Secrets," went broke in three candy businesses before he built Hershey Chocolate in 1903 on the cornfields surrounding the house in which he was born. Exploiting a turn-of-the-century switch in U.S. tastes from other candies to chocolate, Milton Hershey...
...elements of a problem to numerical or electronic code before he can hold even a brief conversation with his machine. To remedy this, at least half a dozen U.S. corporations have been trying to develop a machine that can communicate in a speedier and simpler language-pictures. Now Itek Corp. of Lexington, Mass., a relative pygmy among electronics companies, hopes to grow bigger with such a device, which it calls...