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Encouraged, Wright decided to stay in the U.S. To reduce costs, Wright trimmed Zenith's payroll in the past year by nearly 8%. He also got much help from John Nevin, an innovative cost cutter who left a Ford Motor vice-presidency to become Zenith's president last May. Together, Wright and Nevin sold off marginally profitable lines in order to concentrate on consumer electronics. Last-week Wright added to that line by acquiring the U.S. distributor of electronic watches made by Switzerland's Movado, a firm that Zenith already controls...

Author: /time Magazine | Title: Business: Wright's Winning Fight | 5/15/1972 | See Source »

...lengthened the handle on one bolt cutter to six feet, and tried as hard as we could to cut one of the locks. We broke the jaws of the cutter," Intravia said...

Author: NO WRITER ATTRIBUTED | Title: Three Juniors at MIT Invent An Unbreakable Bicycle Lock | 5/4/1972 | See Source »

...just working in the cutting room somewhere." Tony said. Most of Tony's friends were people like Roman (Polanski), Liza (Minnelli), Michael (Winner), and a lot of other names I only grew familiar with after six months of indoctrination into England's bigtime. But Barrie was a mere cutter, and Tony told me scornfully that he was so absorbed in seeing other people's movies that he would never make...

Author: By Esther Dyson, | Title: Barrie P. | 3/10/1972 | See Source »

Fishwick, a former attorney, is a prudent cost cutter; he has trimmed by almost one-third the number of reports that executives file, thus saving $520,000 a year-the price of a pair of new locomotives. But he has not skimped on employee training. All upper-and middle-ranking employees must complete a one-week computer course, and all salesmen will take a one-week course taught by Psychological Associates, Inc., St. Louis consultants who claim to build "persuasive communications skills...

Author: /time Magazine | Title: INDUSTRY: The Railroad That Can | 2/7/1972 | See Source »

Like many Americans, Richard Nixon was abashed and angered last year when a Lithuanian sailor, Simas Kudirka, was forced to return to his Russian ship after he had defected to a U.S. Coast Guard cutter anchored off Martha's Vineyard. The President raged against the "bureaucratic bungling" responsible for the incident, and demanded new guidelines to ensure against a similar occurrence. The resultant recodification authorizes, among other things, "the use of force against attempts at forcible repatriation," and provides for quicker communication between the State Department and various federal, state and local agencies likely to encounter defectors. The mystery...

Author: /time Magazine | Title: REFUGEES: No Asylum for Merab | 1/24/1972 | See Source »

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