Word: corp
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Dates: during 1960-1969
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...flashed a red light; batteries did not recharge as fast or as fully as expected; current overloads twice tripped circuit breakers, cutting off electrical power until the crew reset the breakers. The otherwise flawless performance was a tribute to the corrective program instituted by NASA and North American Rockwell Corp., Apollo's prime contractor, after the disastrous Cape Kennedy fire that killed three astronauts in January...
...more dissimilar Olympians would be hard to imagine. Al Oerter is 32 and white, a hulking 260-pounder who lives with his wife and two children on suburban Long Island and works as supervisor of the computer communications department at Grumman Aircraft Engineering Corp. Bob Beamon is 22, black and bearded, a gangling 160-lb. product of the streets of New York who attends the University of Texas at El Paso on a track scholarship-and says that he would rather be playing basketball. Last week in Mexico City, each in his own way demonstrated what the Olympic Games...
...network subsidiary. "The General," 77 and ailing, is still board chairman, but RCA is now run by his son, President Robert W. Sarnoff, 50, who has chosen to move the firm into other fields. The younger Sarnoff, who has already engineered RCA's long-reach acquisitions of Hertz Corp. and the publishing firm of Random House, believes that "it is desirable to broaden our base" even more...
...SELF-HELP. Negro groups have also initiated a number of businesses. A few months ago, Charles Bussey, a Negro operator of a furniture-restoring firm, rounded up 25 other Negro investors to form San Francisco Container Corp, They put up $20,000, then raised another $180,000 from the Bank of America and the Fireman's Fund Insurance Co. Next month, in San Francisco's Hunters Point ghetto, they will open a plant that will make chipboard and cardboard cases...
Pittsburgh's four-year-old Business & Job Development Corp., owned and run by Negroes, has won enough financial support from civic leaders to start an ambitious industrial park in the Home-wood-Brushton ghetto. Last month the nonprofit group broke ground for a $1,100,000 plant that Westinghouse Electric will lease. Westinghouse will install Negro managers, hire about 75 ghetto residents. The development corporation plans a second industrial park, two shopping centers and a ghetto bank...