Word: ince
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Dates: during 1970-1979
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...TIME in 1944 as a part-time copy boy and in 1951, at the age of 28, became the youngest senior editor in the magazine's history-a record that still holds. This week Grunwald leaves the magazine to become one of the two Corporate Editors of Time Inc. Announcing the appointment, Editor-in-Chief Hedley Donovan praised Grunwald's Grunwald "highly creative editorship," under which "TIME'S staff has brought that magazine to a level of excellence that all of us can be proud...
...present renovations will cost the University $30,000, Donald Burke, coowner of Harry Burke and Sons, Inc. said yesterday...
...rate of about 4% to 4.5% from now through December-bringing the average for all 1977 to a bit under 5%-and to continue at about that pace through the middle of next year. Among the more optimistic is Otto Eckstein, a Harvard professor and president of Data Resources, Inc., a producer of computerized forecasts (TIME, Sept. 26). He predicts a 4.8% advance in G.N.P. for all of 1977, and an average increase of 5% in the first half of 1978. Eckstein foresees that the economy, after slowing somewhat in the second half of next year, will be spurred...
...Africa permitted two blacks to become Nieman Fellows by granting them one-way exit permits--they were not allowed to return to their country. After one of them committed suicide in New York because he was unable to return home, the fellowship sponsor, the South Africa Leader Exchange Program Inc., abandoned the program because they felt it was too difficult a choice to force on black journalists...
Since profits started tumbling four years ago, Playboy Enterprises Inc. has been through more shufflings than a Playboy magazine in a barbershop. Employees at Chicago headquarters are now smarting from still another round of corporate hutch cleaning: the abrupt firing of 70 administrative and editorial workers, including five of the 30 vice presidents. President Derick Daniels circulated a written assurance that "no further planned mass reductions" would occur; understandably, that did not solace the survivors. He called the purge part of a "broad program to reduce administrative overhead and reallocate resources." Added Founder-Chairman Hugh Hefner, 51: "What...