Word: corp
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Dates: during 1960-1969
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...engine was the only major system aboard the spacecraft designed without another complete system to back it. Like other systems, the engine had duplicate parts made to take over if its tanks, valves or propellant lines failed. But space and weight limitations had forced the manufacturer, Aerojet-General Corp., to include only a single combustion chamber, fuel injector and nozzle extension skirt (see illustration). The failure of any of these parts could have meant disaster...
...kidnaped girl belongs to one of Florida's wealthiest families. Her father Robert and his brothers own and run the $65 million Deltona Corp., one of the biggest home-building companies in the U.S. The three brothers are friends of Florida's Senator George Smathers and of President-elect Richard Nixon, and they own the Key Biscayne Hotel where Nixon has often stayed...
...gesture was appropriate. The owners of WHCT, RKO General, have lost $6,000,000 on the experiment so far. Other millions have been invested by the developer of the Hartford decoding system, the Zenith Radio Corp. Neither firm expected to make a profit with such a small test market. But both were encouraged enough by the steadfastness of subscribers to continue the experiment. Zenith is working on a more sophisticated decoder with automated billing and has long petitioned the FCC for a go-ahead in other markets. Now, after years of knuckling under to the anti-pay lobby...
Despite the FCC's well-hedged go-ahead, therefore, the future of pay TV is still uncertain, at best. Joseph Wright, board chairman of Zenith Corp., believes that start-up and production of sufficient decoding devices will mean a year's delay between FCC authorization and actual premiere of a new pay channel. And that would be in just one market, perhaps where Zenith maintains its headquarters: the city of Chicago...
Four years ago, Minneapolis-based Control Data Corp. brought out its model 6600 computer, the largest machine of its type in the world. Pride soon turned to problems as debugging took longer than expected, and the company began losing money. To make matters worse, Thomas Watson's IBM an nounced that it would bring out its own supercomputer, the 360/91. As a result, many potential purchasers held off buying the multimillion-dollar 6600 machine, and Control Data lost as many as 50 sales. When IBM was slow in producing the 360/91, and then turned out only a few before...