Word: foundered
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Freedom to Disagree. In spite of such rumblings, the American faculty feels that the greatest service the A.U.B. can perform is to stick by its founder's credo. The main purpose of the university's schools-Arts and Sciences, Medicine, Pharmacy, Nursing, Public Health, Engineering and Agriculture-is to teach Western techniques to be used within the framework of Arab culture. "The students," says one psychologist, "can't help but respect the United States more, because we give them the freedom to disagree...
Died. Ernest Tener Weir, 81, retired (April, 1957) board chairman, chief executive officer and founder of the National Steel Corp.; of multiple cerebral hemorrhages; in Philadelphia (see BUSINESS...
...islanders reversed their Communist trend (the Red vote fell off from 22.3% to 17.5%). The dominant Christian Democrats increased their vote (from 41% to 41.8%). But the real surprise of the election was the showing made on his first campaign in Sardinia by ebullient, 72-year-old Achille Lauro, founder and sole proprietor of Italy's Popular Monarchist Party-Italy's most colorful politician...
...Influential speculators got big chunks of the $37.5 million public issue, which is now worth $161 million. Fantastic speculative profits were also made in three companies set up to gather or distribute the gas Trans-Canada will bring. Vancouver Oilman Ralph K. Farris, son of a Liberal Senator and founder of the Northern Ontario Natural Gas Co., paid $300 for stock now worth $750,000. Two insiders invested $12,012 in stock now priced at $3,200,000. Quebec Natural Gas Co., another distributor, made $32.2 million in paper profits, and again the big chunk went to insiders. By contrast...
...Ralph Lazarus, 43, fourth-generation retailer of the Lazarus merchant family, stepped up to president of Federated Department Stores, Inc., which grossed $601 million in the past year from its 38-link chain. His father, Co-Founder Fred Lazarus Jr., 72, moved up to chairman. Former Chairman Lincoln Filene, 92, also a founder and the dean of U.S. retailers, eased into the new job of honorary chairman. The executive switch means that Fred Lazarus will steadily relinquish more authority to his son, who in 22 years with the company following his graduation from Dartmouth has held every post from sales...