Word: ge
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...other companies with appliances that sell in the U.S. under their own brands. Chances are, the average American may own an LG-made product but not know it. LG says it sells 43% of all room air-conditioners in the U.S., for example, but many under brand names like GE and Kenmore...
...quick to promote to co-president both Freston, 58, and Leslie Moonves, 54, who ran CBS, filling the vacancy left by Karmazin, 60. Redstone said he would finally call it quits within three years, setting up a horse race for the top job at Viacom, a la GE after Jack Welch retired in 2001. Critical to Redstone, Freston and Moonves are dyed-in-the-wool content guys. Freston, a free-spirited music lover who has served on the board of the Rock and Roll Hall of Fame, engineered the phenomenal success of MTV. Moonves, a hard-charging executive, has turned...
...eventually became so vocally critical of such sanctified New Deal creations as Social Security and the Tennessee Valley Authority that GE abruptly dropped him in 1962, but Reagan was by now much in demand on what he liked to call "the mashed-potato circuit." When the conservatives rallied behind the presidential campaign of Senator Barry Goldwater in 1964, Reagan's gift for oratory provided one of the unexpected highlights in the doomed campaign. "You and I have a rendezvous with destiny," Reagan declared (borrowing one of Franklin Roosevelt's most famous lines) to a G.O.P. fund-raising dinner...
...offered a new job that was to change his whole life. For $125,000 a year, he would act as host and occasional star of a weekly television drama series for General Electric; for 10 weeks each year he would also act as a kind of goodwill ambassador to GE plants around the nation...
...first prominent Hollywood actors to defect to the much scorned new medium of TV, Reagan revived his acting career. The General Electric Theater, with Reagan as host from 1954 to 1962, dominated the Sunday-night ratings. But what changed Reagan was his tours of the GE plants. Later, Reagan's opponents often underestimated him, dismissing him as "just an actor," an amateur lacking political experience. What they failed to see was that although Reagan had not spent much time in conventional politics, he had gained both skill and experience in what was to become the politics...