Word: corp
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Dates: during 1960-1969
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...appears that operators of supersonic transports may have a happier choice. On the basis of preliminary experiments, two scientists at California's Northrop Corp. believe that the sonic boom may not after all be a necessary evil. Last week, at a meeting of the American Institute of Aeronautics and Astronautics, Aerodynamicists Maurice Cahn and Gustav Andrew suggested that an electric field projected in front of a supersonic plane might eliminate the boom, and lessen drag as well...
...South. Today, Buckeye ownership makes the railroad the principal supplier of jet fuel to Kennedy International Airport through a pipeline laid under New York harbor. Already well-stocked with real estate through its rail-related holdings, the Pennsy spent some $80 million to get more. It bought into Arvida Corp., Great Southwest Corp. and Macco Realty Co., which deal in real estate in California, Texas and Florida. Through its subsidiaries, the Pennsy is now developing Rancho California, an 87,500-acre residential project near Los Angeles; it is opening industrial and recreational parks in the Dallas and Fort...
Hayes charged the un-named councillor with "fronting" for the Wasserman Development Corp. Only later did he admit that he was referring to Crane...
...become a hit in Amsterdam. From The Netherlands, it offers travel by train and ferry, plus two days' lodging in London, for $37-less than a round-trip plane fare. Even better news for hard-pressed Britain is an upsurge in foreign orders for British autos. British Motor Corp. expects to increase its deliveries to Europe by 5,000 cars this month. To meet that demand, B.M.C. is switching one-third of its home-market production to export models...
...business. Today, the number exceeds 50. Last month Boston's John Hancock became the biggest insurance company to get into the act by announcing its own mutual fund. Last week Illinois-based Franklin Life Insurance Co. said it plans to acquire control of California's Channing Financial Corp., a holding company with properties in both mutual funds and insurance...