Word: ince
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Dates: during 1960-1969
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...most distinguished figures in U.S. education has been asked to head up General Learning. Time Inc. President James A. Linen announced last week that Francis Keppel (TIME cover, Oct. 15), former dean of the Harvard School of Education, and Assistant Secretary of the Department of Health, Education and Welfare since September 1965, has been invited to become chairman and chief educational officer of G.L. When Keppel resigned his Government post recently, President Johnson, in a cordial exchange of letters, saluted the educator as a man who has already made a memorable contribution to the effort to "bring...
Twice in the past four years, strikes have shut down and crippled New York newspapers. Last week another strike seemed certain. And this time the stakes were higher than ever. The newly formed World Journal Tribune, Inc., comprising three merged dailies, was in danger of capsizing just as it was being launched. And one of its members, the Herald Tribune, was in danger of going under for good...
...than in the fact that the company is changing its name. The old handle, according to Chairman-President George R. Vila, was just too confining for an internationalized company that has expanded into the fields of chemicals, plastics, textiles and fibers. Therefore, U.S. Rubber is now known as Uniroyal, Inc...
Psychological Effect. Though the effect of such orders will be largely psychological, they might work well. Seldom have traders been so drawn by profit dreams rather than performance reality. Most notable example this month is Calumet & Hecla Inc., a 95-year-old Michigan copper company listed on the New York Stock Exchange. With investors excited by the possibilities of war in Viet Nam and shortages of war-essential copper at home, Calumet & Hecla two weeks ago touched off a run by announcing a 35 million-ton copper ore find in upper Michigan. Remembering quick profits generated by Texas Gulf Sulphur...
...fastest-growing firm in U.S. business history judge potential merger mates by three measures, in order of importance: 1) Does the product line fit with ours? 2) Is the management right? 3) Is the price right? One company that seemed made to measure was well-managed and profitable Diebold, Inc., the nation's largest manufacturer of banking equipment, with 1965 sales of $77 million from safes, depositories, pneumatic tubes, etc. Last week, after Litton Chairman Charles B. Thornton and Diebold President Raymond Koontz agreed on a swap of stock worth about $93 million, Litton announced a "preliminary" deal...