Word: firm
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Dates: during 1970-1979
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Lately, Nelson has fought off some adverse publicity in the wake of a Boston Globe story about his involvement in a commodity options firm run by his wife. Nelson dismissed as "rehash" the deal in which $300,000 in options were sold and later found to be worthless...
...never before, American multinationals in South Africa are coming under fire in the U.S. At one shareholders' meeting after another, critics hurl epithets ("partner in apartheid," "friend of discrimination"). The N.A.A.C.P., hardening its stand, now calls for a total withdrawal of Yankee firms from white-dominated parts of South Africa. The Rev. Leon Sullivan, a black minister from Philadelphia and a director of General Motors, has been urging a strict code of conduct for U.S. companies in the land of apartheid and demanding that they actively help black workers overcome various bars to forming unions. Anti-apartheid protests stand...
DIED. Benjamin Sonnenberg, 77. public relations wizard whose clients once included Philip Morris, CBS and Samuel Goldwyn; of a heart attack; in New York City. A young immigrant who became head of his own public relations firm in the 1920s, the walrus-mustached Sonnenberg dressed like an Edwardian, cultivated the rich and powerful, and lived in a style most of his clients envied. In his 37-room, antique-filled mansion on Manhattan's Gramercy Park, he held lavish soirées at which he flourished as raconteur and keeper of secrets, wheeler-dealer and patron of intellectuals. Sonnenberg once...
Universal has spent more money on Galactica, or Star Wars 1½, as it might be called, than anyone has ever spent on a TV series before-$15 million, nearly double the cost of Star Wars itself. Moreover, Tektronix, Inc., a computer firm, has contributed a real computerized control room, and John Dykstra, 31, who created the wizardry special effects for Star Wars, was commissioned to work the same magic for Galactica...
...successful work was a joint effort of two five-man research teams-one at the City of Hope National Medical Center in the Los Angeles suburb of Duarte, under Dr. Keiichi Itakura, the other led by Biochemist David Goeddell at a small South San Francisco biochemical firm, Genentech Inc. Though scientists had already produced a precursor of rat insulin with bacteria, making the finished human variety posed greater difficulties. For it consists of two distinct molecular chains, a so-called A strand and a B strand, each of which is produced separately inside the cells of the pancreas under...