Word: ince
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Dates: during 1960-1969
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...noted in this week's Education section, commencement speakers fanned out across the U.S. to offer earnest advice to this year's graduates. Among the speakers were two from Time Inc...
...Hedley Donovan, Editor-in-Chief of Time Inc., who addressed graduates of the University of Rochester, talked to them about their "contract" with the U.S. presidency. Donovan noted "a deepening paradox in our American system. We have been getting more and more dependent, as a nation, on a strong presidency; at the same time we have been becoming a more and more democratic society...
Jules Stein, LL.D., board chairman, MCA, Inc...
Some companies try to get out of trouble by diversifying into new fields, but American Motors Corp. has traveled the opposite route. Last year the debt-ridden automaker sold off its profitable credit subsidiary, Redisco Inc., to rival Chrysler Corp. That left the appliance-making Kelvinator division as A.M.C.'s only major operation outside of the automobile business-and A.M.C. ever since has been seeking a buyer for Kelvinator...
Died. James H. Rand Jr., 81, co-founder of Remington Rand Inc. and the merger genius who helped create the giant Sperry Rand Corp.; of cancer; in Freeport, Grand Bahama Island. "Go out and make a living!" Rand Sr., founder of the Rand Ledger Co., brusquely told his business-minded son in 1915. Rand proceeded to turn a borrowed $10,000 into the American Kardex Co., which marketed a filing cabinet he had invented, then in 1925 merged with his father's company, and in 1927 with the Remington Typewriter Co. The final merger, with the Sperry Corp...