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...gained control of the British food company Bovril in 1971, reorganized it, moved on to the U.S. in 1973, acquired the ailing Grand Union chain for $62 million, reorganized it, launched a raid on Diamond International, began eyeing St. Regis, the Continental Group, Colgate- Palmolive, Crown Zellerbach, Goodyear Tire & Rubber, Pan Am. He operated through a network of Panamanian and Caribbean holding companies, all ultimately controlled by an organization called the Brunneria Foundation, headquartered in Liechtenstein and entirely owned by Goldsmith and his family...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

Despite workers' complaints, though, only a portion of the country's increased productivity can be chalked up to more intense toil. Much of the gain results from the scrapping of obsolete plants and the installing of improved technology. Says Stanley Mihelick, Goodyear's executive vice president for worldwide production: "The mistake that people make is that all of this productivity is because workers are sweating more. Hell, no. It comes from our $1.5 billion investment in new plant and equipment...

Author: /time Magazine | Title: A Lament: All Work and Less Pay | 7/13/1987 | See Source »

...approach: a cautionary tale about the power of negative thinking, or, as one Alnilamist puts it, "Everything will be simple: simple and deep. There won't be anything else; only nihilism and music." Compared with the allusive qualities of the book, such statements can seem as obvious as a Goodyear blimp. But they cannot overshadow Dickey's talent for mating small details, his audacious lyric power and technical risks. At times he splits the page into two columns, the left registering the impressions of Cahill, the right a simultaneous visual sighting of events...

Author: /time Magazine | Title: Books: Into The Wild, Mystical Yonder ALNILAM | 6/29/1987 | See Source »

...challenges. He took two undergraduate degrees in a rigorous five-year program that had him enrolled in engineering courses at Massachusetts Institute of Technology and in liberal-arts studies at Washington & Jefferson College near Pittsburgh. Reed served in Korea as an Army Corps of Engineers officer, then briefly joined Goodyear Tire & Rubber as a trainee. In 1965 he earned a business degree from M. I. T. 's Sloan School of Management, signing on after graduation with Citicorp's predecessor, First National City Bank. Within five years, Reed found himself head of the bank's notoriously disorganized back-office operations, which...

Author: /time Magazine | Title: A Brash and Brainy Brat | 6/1/1987 | See Source »

Raytheon received a III level rating for its South African subsidiary, Rockplan Ltd, in a report released last December. Goodyear's rating slipped to the low level from a higher rating it had received last year, The Wellesley News reported...

Author: NO WRITER ATTRIBUTED | Title: Class Cuts | 3/7/1987 | See Source »

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