Word: inc
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Dates: during 1980-1989
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Contributor John Skow, who wrote this week's cover story, regards popcorn and Paul Newman as inseparable, twin treasures of the moviehouse. Skow was nonetheless surprised to find himself sitting in an office of Newman's Salad King Inc. as the actor blithely demonstrated his definitive technique for buttering popcorn. Recalls Skow: "He wielded his knife at a precisely calculated angle, wriggled it meticulously while splashing droplets of butter on everything in sight, and then invited me to try it." Sampling two brands of popcorn that Newman hoped to market, Skow and his host rejected both. "One option...
Hosts of other favorable housing trends are popping up. One of the biggest surprises is that the inventory of unsold new homes is currently at its lowest level since 1971 (see chart). Says Robert Gough, a housing specialist with the Massachusetts-based economic fore casting firm of Data Resources Inc.: "Given dropping interest rates and shrinking inventories, a growth in housing starts will have to follow." Other bullish signs include a lofty rise in October building permits, which were a full 60% above the depressed level of a year...
Builders are already profiting from the release of pent-up demand. Earnings of U.S. Home Corp., the largest single-family home producer, jumped nearly 60% in the third quarter when compared with a year ago. Ryan Homes Inc., the No. 3 builder, expects sales to grow by at least 25% next year...
Some of the businessmen had been afraid that the death of Soviet Leader Leonid Brezhnev five days before the trade session was to begin would force a cancellation. But according to retired Armco Inc. Chairman C. William Verity Jr., Soviet trade council officials were on the telephone within two hours after Brezhnev's death was announced, urging the Americans to come ahead. To Verity, co-chairman of the trade group, that was a hopeful sign that the Soviets felt that "the time had come for an improvement in relations...
ITHACA. N.Y.--Cornell University recently became the first college in the country to have installed a fully automated credit-card photocopying system, according to the president of XPC Inc., the company that produces VendaCard copiers...