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...European businessmen last April to explore the idea of investing on a minority basis in Arab business. When Rykens got a favorable reception, he took off on a quick tour to line up more than 80 European and U.S. firms, including such giants as the First Boston Corp., Kaiser Industries and the Rockefellers' International Basic Economy Corp. Rykens carefully avoided both governmental assistance and the oil industry, which might have aroused Arab resentment, then tried his idea on the Middle East last fall. When he received a solid show of interest from businessmen and found no opposition from Arab...

Author: /time Magazine | Title: Business: Looking for Partners | 4/7/1958 | See Source »

...basic price of aluminum is on the way down. Without warning last week. Aluminium Ltd., Canada's giant producer, announced that it would cut prices 2? per Ib. to 24?, thus undercutting all free-world competition. No one was more surprised than the three dominant U.S. producers-Alcoa, Kaiser and Reynolds-who expected to maintain the price of primary aluminum at 26? per Ib., perhaps even raise it because of an impending wage hike. Yet within 24 hours, the top brass of each company hastily gathered, and one by one cut their price to 24? per Ib., announcing that...

Author: /time Magazine | Title: METALS: Cut to Compete | 4/7/1958 | See Source »

Oakland Industrialist HENRY J. KAISER...

Author: /time Magazine | Title: WHAT THEY SAY ABOUT RECESSION | 3/24/1958 | See Source »

...little comedy of errors until suddenly the script makes an error that is not funny in the least. It introduces an American millionaire (Arthur O'Connell) who does almost nothing for the next hour but spin the wheel of a 155-ft. yacht that used to belong to Kaiser Wilhelm II, goggle at Marlene...

Author: /time Magazine | Title: Cinema: The New Pictures, Mar. 17, 1958 | 3/17/1958 | See Source »

Across the Atlantic Germany's Kaiser Wilhelm was already brewing a world war that then seemed destined to start over Morocco. At the Algeciras Conference in 1906, T.R.-far from claiming neutrality -unexpectedly threw U.S. support against Germany, and the Kaiser backed down...

Author: /time Magazine | Title: HEROES: The Turning Point | 3/3/1958 | See Source »

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