Word: inc
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Dates: during 1960-1969
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...Russia, where Nikita Khrushchev spent seven hours talking to his American capitalist visitors. In the judgment of all concerned, the first trip was such a success that an encore, with another set of business participants and in another part of the world, became inevitable. Traveling with a TIME Inc. contingent headed by Editor in Chief Hedley Donovan and President James Linen, TIME'S News Tour of Asia included...
...Time Inc. does not own its own printing plants, but prefers contract arrangements with local firms-the latest being New Zealand Newspapers, Ltd. in Auckland. Until now, the magazines were flown 1,629 miles from Melbourne, Australia, but henceforth, 35,000 copies will be printed in Auckland, then shipped by air and rail to other points-passing through towns with such colorful Maori names as Te Awamutu, Taumarunui and Ohakune. We expect our New Zealand subscribers to get TIME at least two days earlier...
...earnings ($73 million). Such income swelled an already bulging cash drawer. At the same time, with cigarettes under medical fire and new brands proliferating, the major tobacco companies have been anxiously diversifying. Two weeks ago Reynolds announced that it would spend $100 million to buy Penick & Ford Ltd., Inc., a corn-oil refiner whose products include My-T-Fine desserts, Vermont Maid syrup and Cocomalt. Liggett & Myers last year paid $15 million for Alpo dog food. American's move was last, but by far the most spectacular...
...Very much disturbed" by charges of illegality and excessive profits, Dean Watson has asked the Harvard Student Agencies, Inc., to prepare "a complete report" on its charter-flight operations last summer...
Married. Andrew Heiskell, 49, board chairman of Time Inc.; and Marian Sulzberger Dryfoos, 46, granddaughter of the modern New York Times's first publisher, daughter of its second, widow of its third, sister of its fourth and present publisher; he for the third time, she for the second; in a civil ceremony; in Manhattan...