Word: ince
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Dates: during 1970-1979
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...problems of nuclear energy are another popular theme this week. Ernest Moniz, a MIT physics professor, will discuss "Nuclear Waste Disposal" with James Stevens of Arthur D. Little, Inc. in the Cambridge Forum, Wednesday at 8 p.m. at 3 Church...
...reduced from 70% to 50%. Last year IBM Chairman Frank T. Cary received more in bonuses ($337,000) than in salary ($333,000). American Home Products Chairman William F. Laporte's bonus was exactly half his total income of $770,000, while Augustine R. Marusi, chairman of Borden, Inc., earned a bonus of $271,000 to go with his salary...
Nonetheless, Malcom Purcell McLean, one of the lesser known captains of American business, has just anted up $111 million to buy U.S. Lines, whose 36 vessels ply worldwide cargo routes. The seller was Walter Kidde & Co., Inc., the New Jersey conglomerate, which now has a cargo full of cash...
...earning money is awesome. Starting back home in North Carolina in 1934 with a down payment of $30 for a secondhand pickup truck, McLean built a substantial trucking concern and made millions. With additional backing from Ludwig, whose National Bulk Carriers operates supertankers, McLean founded Sea-Land Service, Inc., which grew into the nation's foremost containership operation. In 1969 he sold Sea-Land to Reynolds Tobacco for about $500 million. Then through his solely owned McLean Securities Inc., he invested in a life insurance venture and real estate holdings through the South and Southwest, including Pinehurst...
...human side is still there," but admits that he inherits a "grimmer, more substantial" beat than the Washington he has known over the years as a political expert. Ajemian got his start as a sports writer, working for the old Boston Record American. He was hired by Time Inc. in 1952 and rose to become assistant managing editor of LIFE. Ajemian has covered national political conventions since 1952 and is known to his colleagues as a painstaking reporter with an obsessive need to probe behind a politician's rhetoric. During the 1976 campaigns, Bob's most memorable piece...