Word: entrepreneur
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Dates: during 1960-1969
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Banana Peel. Editing TIME during 1928, Luce, who had an early bias in favor of the activist and the entrepreneur, became especially engrossed in American business. Feeling that the press covered the field inadequately, he assigned a staff to explore the idea of a business magazine. Five months later, he decided the time was opportune. Among the names considered were Power and FORTUNE. Luce picked the latter because it appealed to his wife, the former Lila Ross Hotz of Chicago. They had married in 1923 and had two sons: Henry III, a Time Inc. vice president and the head...
Though the 1964 Senate hearings on Bobby Baker yielded a tangy crop of headlines, they produced little else. Entrepreneur Baker remained free to pursue his affairs, a peripatetic playboy in alligator shoes. Last week, after three years, another Bobby Baker hearing finally got under way in a far less flamboyant atmosphere. The arena this time was the grimly sterile U.S. courthouse for the District of Columbia, and Baker's accuser was the U.S. Government...
Died. Albert Monroe Greenfield, 79, head of City Stores Co. (Manhattan's W. & J. Sloane and 131 other stores in 19 states) from 1932 until his retirement in 1959, a shrewd Ukrainian-born entrepreneur who added another star to the galaxy of U.S. success stories by building a real estate (largely in Philadelphia) and retailing business that today grosses $850 million annually and provided him with a fortune estimated at close to $100 million; of cancer; in Philadelphia...
...Until 18 months ago, Leo Carter's job was to sweep, mop and polish the floors at Miami Beach's St. Francis Hospital. Today, as proprietor of The Best Floor Waxing Service, he is an entrepreneur with six employees. Mexican-born Joe Garcia, on relief in Manhattan eight months ago, now takes in about $240 a week as the operator of a midtown newsstand. David Flowers, who had to give up his job as a house painter after he injured his back in an auto crash, has become the owner of a thriving eight-pump, seven-employee service...
...creature of his own publicity, a quipster who has parlayed his way into the publishing pantheon through the good offices of television and Joe Miller's joke book. "Bennett," says one fellow publisher, "is not an intellectual. He's not a literary man. He's an entrepreneur, an impresario." But that is only the surface of Cerf. Explains Epstein: "Bennett runs Random House as a conservative branch of show business. The company is vulgar to a degree. But what makes the difference with Bennett is how important he feels it is to have Philip Roth and William...