Word: ince
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Dates: during 1960-1969
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...handsome new building (right) ' under a brooding Paris sky is the $5,000,000, nine-story TIME & LIFE building on the Avenue Matignon, just off the Champs Elysees. When the building opens this fall, TIME Inc. will occupy the top three floors; the rest of the office space has already been rented, mostly to subsidiaries of U.S. companies...
...sober tones befitting his position as a corporation president, bongo-bopping Producer Desi Arnaz, 45, told the 75 stockholders that Desilu Productions Inc. netted $611,921 from such TV productions as The Untouchables and Ben Casey last year and aims for $1,000,000 in fiscal 1963. On the president's left, looking like a rainbow in red hair, green slacks, yellow blouse, white loafers, sat Lucille Ball, 51. his exwife, a major stockholder and $25,000-a-year vice president. Grinned Desi introducing Lawyer Milton Rudin: "He was so good representing Mrs. Arnaz in our divorce, I thought...
...predominantly Jewish chiefs proudly point out that more and more young gentiles are coming in as junior executives. The most significant change, however, is that giants are beginning to appear in an industry where the average firm has 40 employees. Biggest of them all is Jonathan Logan, Inc., whose sales, running 34% ahead of last year's, are expected to reach $80 million...
Died. Mary Gibbs Jones, 90, widow of Texas builder (and onetime Commerce Secretary) Jesse H. Jones, who helped her husband give away his construction millions, organizing with him the $500 million Houston Endowment Inc. that helps support Rice University, while setting up scholarships in her name in 44 colleges, seminaries, and universities; of a heart attack; in Houston...
Home cooking is on the way out. Reported President Max Jaeger of the Food Service Executives Association, Inc., at the association's convention in New Orleans last week: 37% of the food eaten in the U.S. is now prepared by professionals-in hotels, restaurants, the armed forces, freezing plants or canning factories. Professional food preparation has boiled up 27% in the last 20 years. The result: a shortage of good chefs and cooks...