Word: corp
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Dates: during 1960-1969
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Already, by loaded hints, veiled threats -and, more importantly, by infiltration -Verwoerd's Nationalists have turned the South African Broadcasting Corp. into a docile propaganda tool. Up to now, Verwoerd has feared to risk unfavorable world opinion by openly muzzling the recalcitrant English press. But his flanking movements have had their effect. South Africa's free press must follow a zigzag obstacle course past ten punitive national statutes. The government's Special Branch, which serves as censor in everything but name, combs every issue of every paper for statutory violations. A government commission was appointed...
...their increasing versatility, machines lack a vital quality that even the lowliest mutt possesses: they cannot understand their master's voice. This situation may soon change. Last week International Business Machines Corp. demonstrated a small, innocent-looking gadget that may some day permit machines to follow spoken orders, and even eavesdrop on human conversations...
...With Chrysler Corp.'s share of the U.S. auto market once again declining (to 10% in early November), Detroiters were unsurprised when Chief Chrysler Stylist Virgil (Forward Look) Exner, 52, resigned to make room for Elwood Paul Engel, 44, who was netted in a raid on Ford's styling staff. A disciple of flamboyant ex-Ford Stylist George Walker (TIME cover, Nov. 4, 1957), New Jersey-born Designer Engel was largely responsible for the clean, squared-off 1961 Lincoln. Chrysler President Lynn Townsend, who desperately wants the same golden touch for his cars, has ordered Engel to report...
Wall Street professionals found plenty of reasons for the rise: brisk auto sales, some cooling of the Berlin crisis, and the expectation of more Government spending in the wake of last week's Democratic election victories. But the sharpest spur to the market came from General Motors Corp., which raised its annual dividend from $2 to $2.50 per share by declaring its first year-end extra dividend since the record auto-sales year of 1955. Avowedly based on the prospect of fast year-end auto sales-because of the August auto strike, G.M.'s third-quarter earnings were...
...turning point for Perlman and the Central apparently came when John and Clint Murchison (TIME cover, June 16) took over Alleghany Corp., which controls the Central. As late as last September 20 Perlman was still proudly refusing Pennsy offers to share a roadbed with the Central. But between the mounting financial difficulties and the persuasion of John Murchison, a strong believer that mergers offer the Eastern railroads their best hope of profitability, Perlman finally had little choice but to accede to a shotgun marriage. At a casual glance, the proposed wedding might look like a pooling of weaknesses; the Central...