Word: gruen
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...subversives. For Post Editor James A. Wechsler he had a separate set of Winchellisms, e.g., "Cherry Coke Wexla," "James Jake Ivan Wechsler," "New York Post's General Pinko," and "Pinko Punko." In reply, the Post and Wechsler brought a $1,525,000 libel suit against Winchell, his sponsor (Gruen Watch Co.), Hearst Corp., King Features Syndicate and American Broadcasting Co. (TIME, Dec. 29, 1952). This week, in settlement of the suit, Winchell issued the most abject retraction of his career. Because of his trouble over this and other libel suits, he also broke off his $12,500-a-week...
...Haverford College before graduation to drive a company truck, became a salesman, and rose to be general merchandising manager. He expects to boost 1954 sales of nearly $10 million by 20% by being "a lot more aggressive." ¶ Edward H. Weitzen. 35, was elected president of Cincinnati's Gruen Watch Co., succeeding Morris Edwards, who resigned. A graduate of City College of New York ('38), Weitzen worked for a Manhattan ad agency, the Journal of Commerce. He became a buck private in 1942, was soon commissioned, rose to lieutenant colonel at 26. He joined Bulova Watch...
...Bulova Watch Co. and Gruen Watch Co., in exchange for Swiss movements and parts, agreed to limit their U.S. manufacturing, import from no country except Switzerland, permit a cartel-hired accountant to audit their books...
...Among them: Gruen, Wittnauer, Omega, Longines...
Good Customer. U.S. watch companies that have already become heavy importers of Swiss watch movements (e.g., Bulova, Gruen) had ex-Senator Millard Tydings to argue their case. Tydings ripped into the U.S. watchmakers' hardship story. He cited the fact that Hamilton's sales had jumped from...