Word: foldes
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...Litton Industries was started in 1953 by Charles B. ("Tex") Thornton, a onetime Hughes Aircraft Co. executive who left with Ramo and Wooldridge. Backed by Lehman Bros, and other investment bankers, he bought going companies for their products and talent. Today, with 16 small firms in its fold, Litton makes radar tubes, printed circuits, high-quality transformers (780 models), typewriter-sized computers selling for $12,000, dozens of other electronic gizmos. Sales in 1954: $3,000,000. In 1956: $15 million, with $25 million estimated for 1957. Litton's stock, which sold for $10.50 two years ago, now trades...
Late last year, with circulation down to a dwindling 53,000, the Theodore Presser Co.'s president, onetime Cellist Arthur A. Hauser, cut Etude's staff from twelve to six. Last week, after prospecting without success for buyers, the foundation announced that Etude would fold with its May-June issue. Highlights of Etude's coda: a cover portrait of Beethoven, an interview with Soprano Renata Tebaldi, a biographical sketch of Composer Igor Stravinsky, and a lengthy obituary on Master Pianist Josef Hofmann...
Speaking before an enthusiastic M.I.T audience at Kresge Auditorium last night, Eleanor Roosevelt outlined a two-fold plan for U.S. foreign policy, as part of a program of more active leadership among the nations of the free world...
...President, in his reorganization plan, has made a two-fold request of his department heads. He asked first that they recommend career officials, whose policy-making function should exempt them from civil service protection, for appointment to a special Administrative category--Schedule C. Secondly, he inquired whether any department needed additional non-career officials. The second point, since it will not affect present civil service posts, seems worthwhile. The first part, although it may put a number of positions up for grabs, is unsound for strictly non-political reasons...
Communist party boss Nikita S. Khrushchev used the same forum--a Soviet Bulganin friendship meeting--to warn of other things. He called for two-fold vigilance...