Word: latelies
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Dates: during 1960-1969
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Carson had NBC at his mercy, of course. Thanks to his popularity, the network is dominant in the late-night time slot, but the other networks and independent challengers were moving in to get a piece of the action. CBS, whose affiliates generally run movies opposite Carson, tried to buy him away from NBC, but as Johnny put it, "I would feel as out of place on another network as Lurleen Wallace giving a half-time pep talk to the Harlem Globetrotters...
Sporadic Specials. All this late-night TV activity, says Actor Tony Randall, a frequent Carson guest, is a response to "an unwritten law that says people must be entertained 24 hours a day and must have a choice of six channels all the time." If that's a law, there are a lot of people who don't obey it. But latest studies show that the average TV set burns more than six hours a day, and that the average viewer spends more than three hours before the tube. This helps to explain why TV advertising has grown...
After decades of prosperity that made it synonymous - often unfairly - with Yanqui imperialism, United Fruit Co. suddenly found itself with a host of overripe problems in the late 1950s. In fact, concedes Herbert C. Cornuelle, 47, who last month became president of the world's largest banana grower and marketer: "The reason we look so good now is that it was awfully bad before it got better." As that appraisal guardedly suggests, United Fruit has made a rather striking comeback...
Beyond the Suburbs. Brooklyn-born Levitt, who began building houses on Long Island in 1929 with his late father Abe and his late brother Alfred, solved his management problem painfully. After losing $763,155 in 1961, he decentralized his operations, surrounded himself with youthful aides (the average age of his five senior vice presidents is 43), began training second-echelon executives because "there's no place for us to steal talent from." Wall Street has responded to Levitt's resulting 20%-a-year growth by lifting the price of Levitt & Sons stock on the American Stock Exchange from...
Five times since the end of World War II, the nations of the free world have laboriously negotiated tariff reductions, but the sum of those efforts has amounted to only a nibble at the barriers to expanding world trade and prosperity. Late last weekend, after four years of continuous and suspenseful bargaining, 53 non-Communist countries struggled to the verge of an agreement that should result in the biggest bundle of tariff cuts in history...